S4E8: Is running an accounting practice right for you?
How do you make the big decision to go out on your own, to run an accounting business? To help members decide if it’s the right move for them, Chartered Accountants Australia and New Zealand and ACCA have developed new resources that highlight the pros and cons. Just like the discussion in this episode – the resources will definitely get your brain going. Two experienced members who contributed to ‘Look before you leap’ – Amanda Gascoigne FCA and Heather Smith FCA, FCCA join Gillian for this lively chat about working for yourself.
“You don't know everything when you start a business, you don't know everything when you register for the ABN and you're never going to but you can plan,”
“You don't know what you don't know so that checklist is excellent. I agree it can highlight some gaps, but that shouldn't necessarily be a reason not to start your practice but what it does show you is you either need to upskill or you need to get some people around to help you,”
Resources referred to in the episode:
- Look before you leap
- Smaller Practices Centre
- How to find balance in your firm (Amanda’s previous Small Firm, Big Impact episode)
- Small Firm, Big Impact page