It is important we recognize those who sponsor TECHdotMN because their financial reinvestment advances Minnesota’s technology industry.
Thank you CliftonLarsonAllen (CLA) for reinvesting!
What does CLA do?
CLA helps private businesses and their owners achieve their dreams, from start-up and entity formation to capital planning and succession. Every decision an entrepreneur makes effects them as a business owner and it also impacts their personal financial situation.
We understand this relationship between business and personal decisions and our advice goes far beyond the traditional accounting and tax services. We help business owners make a wide array of interrelated decisions with industry-specialized guidance.
Our integrated capabilities include business consulting, tax and audit, outsourced accounting, IT security, and wealth advisory services, among others. Whether you’re just starting a business or already have an established business, at CLA we are confident that our experience will have an impact while providing our clients with an exceptional client experience.
When did CLA start?
CLA has been serving entrepreneurs and privately owned businesses for more than 60 years and has been a leader in industry specialization. We started as a public accounting firm but recognized how our clients needed help with so much more, so we added the capabilities that help them be competitive and successful in the industries they operate in.
What is unique about CLA?
Our emphasis on privately owned businesses and their owners is unprecedented, as is the way that we operate within an industry — as part of it — rather than merely serving it. So when we say that we offer industry specialized guidance to software and technology companies and their owners, it’s coming from a perspective of industry knowledge and experience that our professionals are involved with every day.
That means a tech company and its owner don’t just get accounting and tax services, for instance; they get advice on business strategies and operational matters than can truly impact their personal and professional success delivered by a team that dedicates their time to serving the industry.
Why does CLA sponsor TECHdotMN?
CLA professionals are embedded in the industries we serve. We admire the innovation, job and wealth creation, and sheer entrepreneurial grit that entrepreneurs demonstrate every day and we want to see the software and broader technology industries grow and prosper in this state and help however we can.
Entrepreneurs face daunting challenges each day, and we want to be a part of helping them achieve their dreams.
How Minnesota’s tech industry could improve?
Over the years, Minnesota has had many great tech success stories. Many entrepreneurs build on that legacy through successive businesses or through support, mentoring and investment within the technology community. This is great place to build a software company, and we have to give credit to entrepreneurs that have kept their business here despite the pressure to move out of the Midwest.
In some situations we are now seeing entrepreneurs acquire tech businesses and move them back to Minnesota, which is a great sign.
To maintain and improve the tech industry in this state, we need to make sure we have an economic environment that makes it easier to start and grow a business here. The national perception is that while Minnesota provides a fantastic qualify of life, great education system and workers with strong work ethic, it is also a place that has a high cost of doing business both from a regulation and tax standpoint.
In addition, we need to have a workforce that is prepared to handle the changing economic and employment market that requires the understanding of leveraging technology to accomplish this. That means more hands-on technology learning opportunities for K-12 students so that our children are better prepared along with incorporating entrepreneurship at an early age.
Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, a SEC-registered investment advisor.