Setting up a medical practice can be a rewarding venture for health professionals in Australia. However, no matter how keen you are to build your practice from the ground up, the idea can be overwhelming. After all, medical schools don’t teach you how to open a medical practice.

If you’re reading this because you have just launched your startup - congratulations! Starting your own company is a big step forward. It takes a lot of grit, hard work, and patience to get to this stage. What comes next is gaining traction and clients. These two things demand time and effort, restraining you from focusing on administrative tasks such as human resources, IT support, and finance and accounting (F&A).

Putting up an e-commerce business is an exciting endeavor. Whether you’re a first-time business owner or a serial entrepreneur, running your own e-commerce store can be a daunting challenge, especially if you don’t have business bookkeeping basics down pat.

Starting your own business is a great milestone for anyone. It may be a fulfillment of a life-long dream, a start of a new endeavor, or an exciting twist in your career. However, starting your own business should also be done with proper care and planning.

Do you have several systems running in your company to cover different business processes? If your company is like most high-growth businesses, you may have different systems for your payroll, customer support, and inventory management. You may also be using a stand-alone small business accounting software.

Starting an accounting firm is a task easier said than done. The risks associated with stepping out of your cozy accounting firm and setting up your own independent shop are high, considering that you’ll be using your hard-earned money to start your firm. While the move may seem frightening, the trade-off will be surely worth it. To help you turn your dream accounting business into reality, here are five pieces of advice in starting an accounting business.