Business Talk – Sanlam Private Wealth’s Stanley Broun on tax planning, wealth preservation, and selling your business
In this Business Talk with Michael Avery interview, Stanley Broun discusses selling a business and preserving your wealth.
Broun is the Head of Fiduciary and Tax at Sanlam Private Wealth and boasts over 15 years of experience working in the financial sector.
As the Head of Fiduciary and Tax, he oversees a team dedicated to delivering tailored, client-centric solutions in an ever-evolving industry.
He leverages his extensive knowledge of local and international tax laws and analytical capabilities in this role to ensure the best possible results.
Broun has worked in his current position for over 11 years and, prior to this, oversaw Capital Gains Tax and Corporate Actions at Sanlam Private Wealth for over five years.
In this role, he advised on capital gains tax (CGT) implications for local and foreign funds, and tax compliance for individuals, trusts, companies, non-profit organisations, and deceased estates.
Broun also worked as an Auditor for PricewaterhouseCoopers (PwC) for over three years before joining Sanlam Private Wealth.
He boasts a Master’s Degree in International Tax from the University of Cape Town, a Postgraduate Qualification in Taxation from the University of South Africa, and a Bachelor of Commerce from the University of the Western Cape.
The interview
In this Business Talk interview, Broun discusses the right time to sell a business and why exit planning should start years in advance.
Broun outlines the steps to prepare a business for sale and the impact of tax on the value you keep from the sale.
He also touches on what life looks like after a business sale, noting the impact on family and effective financial management.
Broun concludes the interview by sharing the most important thing every entrepreneur should consider if they expect a business sale in three to five years.
Watch the interview with Stanley Broun below.
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