Entrepreneur and small business owner, both are active to maximize their income but sometimes they have lack of experience in managing the details of income, expenditure, taxes and others. Accounting is a very important aspect in any business and here comes the importance of an accountant. For that reason, they greatly rely on accountants for bookkeeping, tax preparation, auditing or basic accounting. Most people who study accounting usually want to venture into self-employment so as to gain the freedom and the independence. However, starting your own accounting business is a complicated task; it not only requires formal education, skills and experience in accounting but need detailed understanding of business building also.