Hi everyone, I passed level 1 & 2 Manual bkkg and level 1 sage and have have a ICB cert from a an online company im not sure i got a good level of training from, alot of subjects were not included, however i have a business and marketing HND also so i had some previous knowledge. I am taking on my first client at the end of April, (My Dad luckily) he wants to go to computer based bkkpg too, so i thought i could use this as my first experience as i have none, he is continueing his other books at the same time as i have no confidence in myself yet. Whats the aswell as all his normal details, ie vat reg number and stock levels, what other things should i think about? plus is it worth getting insurance yet, as i wont be making much for the minute, any help would be much appreciated. Worried x
Doing your Dad's books would be a good place to start. You obviously want to do a good job so if you need to brush up on your bk skills you could purchase a basic DIY BK book from a book shop. They don't cost too much and will fill you in on the basics of preparing VAT returns and doing a basic P&L etc. Once you're confident doing your Dads books you should be in a position to take on paying clients.
I would wait to get PI ins until you're in position to start trading.
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Thanx for that, i have a basic sage book and some others, but i have not alot of training in the commercial van sales and scrap metal business, obviously my dad does, but all the examples seem to be shop or computer related, i guess i will just have rely on making the ocasional mistake, thats for your advise. regards nix