In this Business Talk with Michael Avery interview, Stanley Broun discusses selling a business and preserving your wealth.<\/p>\n\n\n\n
Broun is the Head of Fiduciary and Tax at Sanlam Private Wealth and boasts over 15 years of experience working in the financial sector.<\/p>\n\n\n\n
As the Head of Fiduciary and Tax, he oversees a team dedicated to delivering tailored, client-centric solutions in an ever-evolving industry.<\/p>\n\n\n\n
He leverages his extensive knowledge of local and international tax laws and analytical capabilities in this role to ensure the best possible results.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Broun also worked as an Auditor for PricewaterhouseCoopers (PwC) for over three years before joining Sanlam Private Wealth.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
In this Business Talk interview, Broun discusses the right time to sell a business and why exit planning should start years in advance.<\/p>\n\n\n\n
Broun outlines the steps to prepare a business for sale and the impact of tax on the value you keep from the sale.<\/p>\n\n\n\n
He also touches on what life looks like after a business sale, noting the impact on family and effective financial management.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Watch the interview with Stanley Broun below.<\/p>\n\n\n\n