I need a big badge with that on because that’s how old my practice is this month. Yes, birthday time again and time to reflect on how far I’ve come in four years.
I looked back to this blog post and it brought it all flooding back. It seems so recent but also a long time ago in a strange way!?
The last 12 months has seen a gradual increase in client numbers - around 10 I think, after adjusting for the couple that have fallen by the wayside, the three who have been sacked and the two who left.
I haven’t been looking to grow so I’m happy with this, infact there are a few more I’m thinking of ditching.
Fee income has jumped around £15k this year which is a big plus and around £10k more than I had been anticipating earlier in the year. I don’t expect this size of increase over the next 12 months.
I’ve increased fees where appropriate and also cut fees for one client where I looked at what I was charging and thought it too high and I wasn’t really comfortable with it.
Work wise I’m working around 35-40 hours a week sometimes more, sometimes less. To be honest it often feels like more when I fit the work in and around school runs, family meal times, time off with the family. This often means late night finishes after I’ve taken the afternoon off.
I will be working longer hours over the next month to try and get ahead before the school holidays start so I can take time off for holiday, days out and playing football/cricket in the garden with the children in the school holidays.
I’m very comfortable using a hosted solution – I highly recommend Hosted Desktop UK. Another big plus is Iris Openspace which I started using properly earlier this year, it makes approval of documents much more robust. Gone are the days of using a client e-mail with ‘looks good’ as approval to submit a document (makes me shudder thinking about it).
So the year ahead? More of the same I think, don’t work too hard and keep the balance right.
Right, birthday treat?
I think I’ll go and play with my tractor.
About Kent accountant
Chartered Accountant based in Kent.
After leaving practice very soon after qualifying, swearing never to return, in 2011 I did exactly that.
Now a sole practitioner and loving it, business growing rapidly and looking forward to the future as my own boss.