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Starting your own accounting business

Nabanita Kundu By: Nabanita Kundu  On: 5 Nov , 2015,
Starting your own accounting business

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.

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Starting An Accounting Firm – The common Pitfalls to Avoid

Nabanita Kundu By: Nabanita Kundu  On: Nov , 2015,
starting an accounting firm

If you have been in accounting business for some years, and you have refined your skills in financial advising or tax preparation, you may be toying with the idea of starting an accounting firm. There is also the influx of new business entities that prefer outsourcing accounting services from small accounting firms. Reason being, small firms can handle accounts for any business regardless of its size as they concentrate well, unlike the bigger firms that already have much work up their sleeves.

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