APRIL BREAKFAST

08:30-09:30 | 31 MARCH, 2023

One of our members recently had a scenario where his practice basically evaporated due to one glitch in his planning. With so many concerns about keeping our businesses running, it's easy to overlook factors that will undermine the success and succession of our practices.

At this next session, we have Glenda Labuchagne from Brokerspace coming to chat with us about how they can help our members.

Brokerspace addresses the very important issue of succession planning for our SAIFAA members.

One of the essential issues about succession planning is the value of our practices, and Glenda will explain the processes they use to assist in this respect. Having an independent mediator to help us, can make a huge difference in this crucial aspect of practice management.

PANEL: Glenda Labuchagne, Johann Kruger and Harry Kalligiannis
TOPIC: Will you be able to sell your business?

Brokerspace focuses on building a network and connecting financial advisory practices in the market to sell and buy. Their aim is to connect like-minded individuals and companies and help them reach their business objectives. Whether that be growth through acquisition, finding the right succession partners, or exiting the industry.

They have also partnered with the leading revenue management system in Southern Africa, Commspace, to help IFA practices accurately evaluate their financial position and growth potential, making it easier for qualified sellers and high-quality buyers to reach an agreement and, even more importantly, manage any transition period with ongoing performance tracking.

 


 

These one-hour networking events will allow us to keep in touch with each other and hear from a new keynote speaker each month. We have always believed that we are stronger when we stand together, just like the water buffalo. As our world has changed in the last 18 months, we believe that these events will form a strong foundation for our community going forward.

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