Recent content by DFL

  1. DFL

    How much experience does one need to start an accounting practice?

    As Phillip says, there is much more to running an accountancy practice than being a good accountant. You will need to be proficient, or have people working for you who are, in people management, pricing, billing, credit control, scoping, admin, marketing, systemising, planning, strategic work...
  2. DFL

    Setting up a new business

    Also think about the VAT threshold implications if buying the hardware yourself, the last thing you want to do is have to get VAT registered when working for Joe Public.
  3. DFL

    Setting up a new business

    You probably wont want to hear this, and usually I am full of positives for anyone starting a buisness, BUT unless this is a sideline business, with income being topped up by salary, then think very carefully. No one wants to pay more than £50 - £100 to have their PC compared, they would rather...
  4. DFL

    Starting Practice

    Her name is Sue, will PM you her maiden name when I get it as I only know here by her married name - she showed me a pic of you at school together :D:D She saw your name on my linked in profile.
  5. DFL

    Starting Practice

    Hi Elaine - I am good thanks, hows you? I haven't been on here for a while, not sure whether I told you but one of our DFL clients went to school with you, small world eh? Now be nice to me :D
  6. DFL

    Starting Practice

    Not a very walm welcome. Is this place turning into Aweb? Kellie I have responded to your post on aweb, hopefully the blog will give you something to think about. When starting a business, any business, you will always get people putting obstacles in the way, 99 times out of 100 they are...
  7. DFL

    How do Accountants find clients ?

    It's all down to marketing and credit management. Your marketing strategy, from your website to your location (home or office) to your branding and pricing should all be consistent to attract the right clients for you. No point in trying to be all things to all people, your marketing should...
  8. DFL

    Advice on starting new bookkeeping business

    Hi Mandy Welcome to the forum. It is right that people are pointing out the obvious challenges to overcome but that is all they are - challenges. If you are to set up (and maintain) a business, any business, then you must be able to overcome hurdles without seeing them as problems. There are...
  9. DFL

    VAT expert required.....

    For quick bit of advice, any takers for a PM question? Would be much appreciated. Thanks! Jason
  10. DFL

    Bookkeeping Franchise?

    Bookkeeping franchises, like anything, have some advantages and some disadvantages which you should weigh up to see whether hooking up with one suits your business aspirations. Advantages Support, proven model, marketing clout, handholding Disadvantages Initial outlay, % of revenue (not...
  11. DFL

    Just starting up

    There are many ways to attract new clients, forget advertising and go out and make and develop relationships with people who will regulary introduce clients to you. The first port of call should be your local banks, speak to the small business managers and create a recipricol arrangement with...
  12. DFL

    Starting up book keeping business

    Hi Kerry Have you tried networking clubs in your local area? Always good pickings for bookkeepers. Also pop in and introduce yourself to the bank managers as they are always dealing with small businesses and could be good referrers for you. Try following up your emails to accounting firms...
  13. DFL

    Looking for an accountant based in London

    OP - There are many good acountants on here that will be able to service your needs - have a look at the ones that have been in touch and see whether they are regular contributors to the board, rather than just joined and blitzing poory worded attempts to get your business. You may also want to...
  14. DFL

    working from home doing bookkeeping

    Hi David I like that the fact that you are looking at this from a business model viewpoint rather than setting up a business which depends on you personally. If you have not already, try reading Michael Gerber's e-myth. In answer to your questions: 1. The scope for a bookkeeping business is...
  15. DFL

    Bookkeeping from home

    Faith If you are not confident of your ability at the moment my advice to you would be to start off small and specifically target simple jobs. Start with sole traders, owner managed contractor limited companies etc. Offer your service as a timesaver to these people, and mention that the...
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