Practice Protection:
Secure your firm's value
A backup plan for sole practitioners. You’ve built your successful practice into a considerable asset. But what if something happens to you? The value of a practice or equity share can be profoundly affected by how promptly action can be taken in the event of significant injury or death.
Safeguard your firm with practice protection
You have total control over who can access your firm’s sensitive data, ensuring a swift and smooth transition.
Practice Protection is about developing a sound backup plan for sole practitioners.
How it works
Follow these simple steps to protect your practice
1. Sign Up
Click through to sign up and register.
2. Complete template
A template will be forwarded to you for completion.
3. Secure storage
Return the completed document to us for secure storage.
4. Inform next of kin
Add a note in your will and estate plan, and inform your next of kin about the secure data storage with Rob Knights
5. Executor access
Your executor or representative can contact us to access the information needed for a speedy sale.
6. Annual update
Provide updated data annually to ensure accuracy.
Purchase Practice Protection
Why choose practice protection?
Our service simplifies and speeds up the sale of your practice without placing further demands on already distressed family and friends. Safeguard the value of your firm and ensure peace of mind with the assurance of Practice Protection.
- Ideal for: Sole and small practitioners, multiple partner firms, family and friends of deceased or disabled partners.
- Innovative service: Securely store all necessary data, readily available for family, partners, or designated persons.
- Low-cost assurance: $550 for the initial year and $198 for annual renewal, ensuring a comprehensive, timely, and up-to-date plan.
Learn how to protect your practice in our Knowledge Base
Your practice is more than a business asset; it’s a cornerstone of your financial future and a key factor in your long-term plans. Yet, many...Read More
Running a small firm is often a deeply rewarding experience, providing autonomy, flexibility, and the satisfaction of seeing your vision come to life. However, with...Read More
When most practitioners think about succession planning, they picture retirement—the slow wind-down after decades of service, transitioning clients, and eventually handing over the reins. But...Read More
