Practice Stage · Preparing to Sell
Strengthen financial records, understand value, and plan for transaction-related taxes.
The value of a practice at closing is largely decided in the two to five years before it goes to market. Cleaning up late costs real dollars.
Desired outcomes
What good looks like at this stage.
- A defensible valuation and clean financial package for buyers and lenders.
- Overhead and add-back review that reflects the practice a buyer will actually inherit.
- A tax strategy modeled before the letter of intent — not after.
Relevant LLI services
- Practice valuation
- Transition-readiness assessment
- Financial-record preparation & normalization
- Capital-gains modeling & entity-level review
- Coordination with brokers, attorneys, and wealth advisors
Other stages
Starting a Practice
Build the financial, tax, and operational foundation correctly from day one.
Read moreBuying a Practice
Evaluate financial history, financing, valuation, and transaction risk before you commit.
Read moreGrowing a Practice
Use benchmarks, reporting, and proactive advice to improve profitability and performance.
Read moreTransitioning or Retiring
Coordinate valuation, deal structure, capital gains, succession, and post-sale planning.
Read moreStart a transition-readiness review.
Start with a confidential conversation. We'll listen first, then outline the next practical step.