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Kiplinger
Kiplinger
Business
Elizabeth Pappas, CPA

The Key to a Successful Transition When Selling Your Business: Start the Process Sooner Than You Think You Need To

(Image credit: Getty Images)

For many entrepreneurs and family business owners, selling a company represents the culmination of decades of effort.

What often begins as a single idea grows into a highly concentrated asset that defines both net worth and personal identity. When the business is sold, that concentration turns into liquidity, creating both opportunities and risks.

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