If you are an accountant, you may have thought about starting up your own accountancy business and going it alone. There are lots of good reasons for doing this – maybe you want a more flexible way of working that fits in better with your life, perhaps you have a way of doing things that you think will work better, or perhaps you want to be free to be your own boss.
Starting up on your own is a risky and sometimes nerve-racking thing to do whatever business it is, but especially during these turbulent financial times. But it is also exciting, and good accountants will always be in demand, so if you think you have something special to offer it could be the best thing you ever did!
With smaller businesses needing to the help of qualified accountants all over the country, it is a demanding but also rewarding job to do. If you have thought about it fully and think you have what it takes to start up on your own, it is time to start putting plans together.
You have a lot to consider before you make the leap – where will you be based for example? Will you start off working from home or will you find an office space to rent? Have you thought about software for IFAs such as Intelliflo? You also need to make sure you are complying with the law and have met the requirements to be able to operate as a business legally.