3rd June 2015

Mini Master Class:Financial Planning for Small

Business Owners

Matthew Farquhar

Financial Planning for Small Business Owners

A Short presentation by:Matthew Farquhar

Wealth Protection & Wealth Creation

Gap Cover

Business Assurance

1) Buy/Sell Agreement- Provides liquidity for surviving partner to buy shares.

2) Key Man Policy (5x - 7x Key Man Salary)- Provides liquidity for replacement of a key person required

for business operations. Tax Deductible if company decides.

3) Contingent Liability (Company on owners life)- Protection of Estate in the event of having signed collateral for a business loan.

Company InvestmentsInvestment Builder:Eg: Need to replace machinery in 5yrs – start saving today.

Unit Trust:Eg: Income fund generating better returns than bank account.

Retirement Annuity

- Protection from creditors.- Tax Deductible.- Best Tax savings vehicle.- Tax Free Savings Fund.- 3 Conditions of accessing the money.

Starting Early

Quote

“Investments are like gardening, it takes time and effort to yield a

good return”

Bruce Wade

bruce@ei.co.za

www.ei.co.za