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I sold my tech business…Now what?

By: Thom Singer |
Published: August 6, 2021 |

America is full of innovators, disrupters and entrepreneurs. The opportunity to start a technology business has never been greater, and according to the Small Business Administration (SBA), 44% of economic activity is from small business. In fact, much of the wealth we see in the wealth management industry is created from the eventual exit (via sale or IPO) of these businesses. For the average person the sale or IPO of a business may seem like a dream come true, but it does not come without its share of changes and considerations.

Why 99% of Tech Business Owners are Leaving Money on the Table

Fortunately, there have been many others who have traversed the landscape of business sales. In fact, there are wealth management firms that work specifically with this type of client. Finding a specialist that employs Certified Exit Planning Advisors (CEPA), Certified Private Wealth Advisors (CPWA) and Wealth Strategists is a good start. These financial professionals can help guide you through your post-sale decision-making process.

Read more about managing your post-event finances on the Kiplinger site>>

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