I would say its mainly about the experience, but the qualification obviously helps. I did eight years in practice, gaining an AAT qualification, slowly building up my own clients on the side, then introduced them to the practice I worked for and became an associate partner. That lasted a couple of years, then went on my own. It was one of the scariest things I've done, but the most rewarding in the end. The AAT MIP scheme really is helpful when you are on your own. Its now 16 years down the line. Real world practical experience in the area you want to go into is the key.
Had the same thoughts as you only at 40, and did it a few years ago. Sold my house and part of the business (kept the best paying easiest clients!), moved 250 miles away and bought a smallholding.
Best thing I ever did! I'm less stressed than ever, and really enjoy getting up each day.
My advice to anyone with a dream like this? Go for it. You're only here once, and life is very short.
My answers
Thanks all for the responses. Just to clarify, it is the directors wifes sisters husband who has rented the property. The directors wifes sister died.
I would say its mainly about the experience, but the qualification obviously helps. I did eight years in practice, gaining an AAT qualification, slowly building up my own clients on the side, then introduced them to the practice I worked for and became an associate partner. That lasted a couple of years, then went on my own. It was one of the scariest things I've done, but the most rewarding in the end. The AAT MIP scheme really is helpful when you are on your own. Its now 16 years down the line. Real world practical experience in the area you want to go into is the key.
Smallholding Accountant
Hi DJKL
Had the same thoughts as you only at 40, and did it a few years ago. Sold my house and part of the business (kept the best paying easiest clients!), moved 250 miles away and bought a smallholding.
Best thing I ever did! I'm less stressed than ever, and really enjoy getting up each day.
My advice to anyone with a dream like this? Go for it. You're only here once, and life is very short.