Start up a New Bookkeeping/Accountancy Business

System
System Posts: 100,534 🤖 Admin 🤖
edited 12:07PM in AAT member discussion
I hope someone can help me! Im wanting to start up my own business. but after been employed for over 15yrs its very scary going on my own. What is the hourly going rate for the South East. What can I expect? Should I keep things simple. Do I need to invest in a computer program? Any input would be much appreciated.<BR><BR>

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Start up a New Bookkeeping/Accountancy Business

    First of all, best of luck.<BR><BR>When I went into industry I took on a few clients to keep my hand in as it were and I found getting payment the most difficult part of the experience (and the reason I eventually stopped doing it) and would definitely get a prepayment from new clients if I went back to it. This seems to be an acceptable request of new clients these days.<BR><BR>Start small if you have the luxury i.e. put an ad in the local paper. Put ads up in public places such as Hackney offices. Soon you'll be getting clients by word of mouth. <BR><BR>I think you'll need a computer system if you want to prepare accounts for a client. Can't imagine a hand written set being acceptable today. However, the choices then open up for you. Excel may be perfectly acceptable (you can certainly print decent looking accounts from it) and then you can progress onto a basic off the shelf accounts package.<BR><BR>It's an exciting (if nervous) time right now and try and enjoy it. As I live in Euroland otherwise known as Rep of Ireland I wont confuse things with rates. Hopefully you have a room in your home that you can use primarily for work, however be careful about claiming part of your mortgage as an expense. This causes problems with selling your PPR tax free later if you need to.<BR><BR>Regards<BR>Seamus<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Start up a New Bookkeeping/Accountancy Business

    Good Luck. I do some private work and I have written my own Accounting packages in Excel using VBA. I can let you have an example if you like. I use Excel for my clients to enter their data and then email it to me. I can then easily manipulate this data into their Accounts.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Start up a New Bookkeeping/Accountancy Business

    Yes I would be very grateful if you could supply an example of Excel. Please send to paperstorm@fsmail.net.<BR><BR>Thanks
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    I would be very grateful if you could send me an examle aswell please at
    rashidmanzoor@ntlworld.com

    Thanks!!!!!!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hello,
    I also would like to have a look at your excel spreadsheet if you don't mind.

    bougeards@fsmail.net

    thanks,
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Add me to that list too please!

    S.Tarbuck@tesco.net

    Many thanks
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    To Roy

    HI can I be cheeky and add my name to the list for an example of your excel spreadsheet, sounds cool!

    Email is anne.e.skinner@ukonline.co.uk

    Thanking you in advance
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Please can I join the band wagon, I have passed to technician level and remain in limbo, as have applied for some jobs with no response. I would be grateful to receive a copy of your spread sheet and any advice you may have on being self employeed. my emails is saaviation@aol.com
    Thnks in advance.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hello,

    Could you please send me the shhet as well as am thinking of starting up on my own after I have completed the Technician level in the summer.

    Much appreciated,

    Elle

    elle@shirtworks.co.uk
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Roy,
    Could I be cheeky and add my name to the long list of people who would like a copy of your Excel Spreadsheet.

    pw_austen@yahoo.com

    Thank you
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    If its still possible, could I also have a copy of the spreadsheet, Thank you
    Donna

    aswan48@hotmail.com
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Can i be Cheeky as well.... and have a copy sent to me by email.

    I have on occasion helped some private individuals with their books, but it would be something to think about if you get fed up with the normal working hours...

    You will have to start charging.....

    My Email accounts@lanceowen.com

    Helen Paisley

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Can i be Cheeky as well.... and have a copy sent to me by email.

    I have on occasion helped some private individuals with their books, but it would be something to think about if you get fed up with the normal working hours...

    You will have to start charging.....

    My Email accounts@lanceowen.com

    Helen Paisley

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hi Roy

    I would be most grateful if I too could have a copy of your spreadsheet
    I am currently studying Technician level and finding it difficult to get a position in the financial world.

    My e-mail address is eileenmbrady@hotmail.com.

    Cheeers
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    OK, I'm going to add my name to the increasingly long list! (No-one seems to be saying thank you, are the copies being sent?) My e-mail is pp_slough@yahoo.co.uk

    I started reading this thread because I was interested in reading the replies. Sadly, we all seem to want to know more (otherwise why else are we reading it) and like the idea of the spreadsheets (hence the ever increasing request list) but there seems to be a lack of information.

    I have been a full member since about 1994 and am also an Associate Chartered Management Accountant. I've been in business at a senior level for the last seven or eight years and have been considering going it alone for the last four or five months. I know my techinical background is a bit out of date and I'm looking to sort that out. I am also about to do the Association of Taxation Technicians exams. CIMA are holding a talk on Members In Practice soon which I have put my name down to attend and am looking forward to. I will put any useful feedback I get on here.

    Meantime, if anyone has any more information, I will be grateful to know it!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hi Roy

    I'm thinking of starting doing people's books as extra income, starting with my dad's business, to get his books in order (as practice) using Excel, before venturing with other people's books! I wondered if you could let me have a copy too? This would be a great help as I'm unsure how to go about this, and want to keep it simple too. My e-mail is:

    niawynowen@hotmail.co.uk

    Thanks a lot

    Nia
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    If this is still on going then could i add myself to it... many thanks

    d_coak@hotmail.com

    Regards

    Dean
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    I haven't received anything so I'm guessing this is no longer valid.

    I have my CIMA talk on Members In Practice tomorrow evening so will "report back" anything of worth on here.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Please could I have a copy too.

    My e-mail is debbiob2@hotmail.com

    Many thanks
    Debbi
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Any idea if people did get their spreadsheet. I certainly am interested and my email is:

    xfsgpr at yahoo dot com

    (replace obvious with obvious).

    May I thank in advance for this wonderful spreadsheet.

    Best regards,

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Start up a New Bookkeeping/Accountancy Business

    I have just visited the Small Business Centre locally - there is one in most towns - they have a free 1 hour consultation service which I found most useful for general start up advice. Eg get business cards done, local contacts for networking etc.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hi I have only very recently started to use the forums and noticed your reply and was wondering if you could send me a copy of your excel spreadsheets too, if u dont mind that is.

    Thankyou
    Jackie
    jmkaat@hotmail.com
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hi,

    Could you also send me a copy please?

    Thanks


    Shirley

    Send to me at the following:

    shirleyl@dial.pipex.com

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hello

    I am sorry to ask as well, but do you think you could also send me a copy.

    Very much appreciated

    Camille

    camille0271@hotmail.co.uk
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    Hi,

    My partner has just set up his own business and it would be great if I could do his accounts for him, can you please send a copy of the excel spreadsheet to tinkerbelleire@hotmail.com.

    Thanking you in advance!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Start up a New Bookkeeping/Accountancy Business

    HI can I also please have a copy, thanks a lot

    sanjay

    srmehta55@hotmail.com

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