When you own a private practice, exiting your business is one of the most significant financial decisions you’ll ever make. It comes with distinctive challenges, uncertainties, and potential pitfalls. Whether it’s negotiating pricing, navigating taxes, or reinvesting sale proceeds, the process can feel overwhelming.
Questions Owners Commonly Ask When They Are Thinking About Their Exit...
Can I afford to sell my practice?
What steps should I take to minimize taxes and fees?
How can I ensure the proceeds from the transaction provide lasting financial security?
How do I ensure I am not leaving money on the table?
These are just a few of the challenges practice owners face when it comes time to sell. The lack of a proper plan can lead to costly mistakes, unnecessary stress and the threat of compromising your financial future.
The Econologics Practice Exit & Wealth Management Plan is customized and delivered by our expert advisors as a tool to guide professional practice owners through every stage of the transition – from maximizing the sale to planning for a secure financial future for you and your family.
A Proven Framework for Exiting with Ease
Our PLAN ENSURES YOU APPROACH
YOUR PRACTICE EXIT WITH A STRATEGY
DESIGNED TO:
Optimize the value of your practice sale addressing fees, taxes and legal obligations.
Reinvest the proceeds into a diversified plan tailored to your retirement goals.
Prepare for life after the sale with a clear roadmap for ongoing financial confidence.
What Makes this Financial Plan Different?
The Econologics Practice Exit & Wealth Management Plan isn’t just a financial plan - it’s a step-by-step guide that eliminates guesswork when it comes to retiring from practice ownership. With the expertise of our trained financial advisors, you’ll be equipped to make informed decisions that organize, diversify, protect and grow your wealth BEFORE the transaction is final.
KEY FEATURES
IN-DEPTH
Financial Analysis
Make sure you understand the true value of the practice cashflow to your household and ensure you have enough income, assets and resources to live your ideal life.
ASSET PROTECTION & WEALTH MANAGEMENT
Your post sale investment strategy must focus on wealth preservation. Build an investment strategy that allows you to protect what you have created while providing more than you need to live.
STRATEGIC EXIT PLANNING CHECKLISTS
Take the guesswork out of exiting with a checklist designed to make sure you don’t miss anything.
Post-Sale GUIDANCE
Your life will look completely different after the sale. Make sure you map out your new life and your new purpose.
Is This Plan Right for You?
THIS PLAN IS IDEAL FOR PROFESSIONAL PRACTICE OWNERS WHO:
Are reviewing offers of have signed a letter of intent for their practice.
Want a clear, actionable strategy for managing the sale and reinvesting the proceeds.
If you’re planning to sell you practice in the future, start with our Econologics Roadmap Financial Plan now to ensure you are prepared in advance for the your eventual exit and transition into retirement.
Your financial future starts with a single decision.
Schedule an introductory call with our Financial Success Team to:
DISCUSS YOUR GOALS.
EXPLORE HOW THIS PLAN CAN HELP YOU.
TAKE THE FIRST STEP TOWARD FINANCIAL CONFIDENCE AND LONG-TERM SECURITY.
Don’t leave your financial future to chance and let uncertainty hold your back. With the Econologics Practice Exit & Wealth Management Plan, you can transition with ease and certainty.
