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Hello! Almost Qualified!

  • Member PM.Dip
  • Practice Licence
  • 3 posts
  • # 113345

Hi Everyone

Thought I would kick off my exciting new career by jumping in here! I'm about to take my BA7 Level 3 Exam having passed B1 to BA6 in the last 4 months. My background is 12 years in Corporate Finance for a large multi-national company, and I'm taking the ICB Exams in order to set up on my own.

A good question to start with is, does anyone have experience in running a specialised bookkeeping practice for particular industries? I have a varied range of interests and feel there is excellent value in employing a bookkeeper who is familiar with clients' specific business needs. For example, I am a qualified Massage Therapist which I did as part of a hobby. I ran a small practice last year until injury meant I could no longer do that full-time. At present I am helping a friend's new start-up in the building trade so I have experience of CIS. Finally I have owned a horse for 9 years and have always been around riding schools and livery yards, so there is another wealth of knowledge. 

Yes, this is a wide range of different areas, but I feel I have a lot to offer in terms of specific knowledge in each. Surely this can only be a help when looking for clients? Could it be / has it been an opportunity to charge more? Does it make a difference when gaining client confidence?

I will be looking to apply for my practice licence in the next few weeks and am beginning to build a business plan so it seems like a good place to start will be in areas where I already have interest and contacts. Of course I wouldn't turn down clients in other areas but I do need to start somewhere! 

So, does this make sense to you as more experienced business-owners? If not, can you recommend something more effective? I don't have massive budget for advertising so it needs to be as efficient as possible.

Anyway many thanks for your help - I look forward to reading your ideas!

Warm regards

Jo Dunlop

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