The 10 fears of start-up accountancy practices
Over the years I have noticed a number of similarities in the fears, worries and concerns shared by accountants as they start their own practice, explains Mark Lee.
These issues become apparent when we speak and are also evident from the topics raised in the Any Answers section of AccountingWEB.
The fear of failure
Some people use the fear of failure to drive them forwards. Others refuse to countenance the idea of failure. Some may be paralysed by such fear and the remainder have not even considered the possibility – often due to naivety. I would encourage you to move into one of the first two categories.
You don’t need to plan for the...