There is a growing market for accounting practices in Kenya
There is a growing market for accounting practices in Kenya. Economic growth has improved significantly (http://APO.af/ri3swP) in the past decade, internet adoption is increasing (39%) and the country scored highly in innovation and financial services in the World Economic Forum’s 2015 Global Competitiveness Report.
Because more businesses are starting up, there is an increased demand for accounting services and an opportunity for accountants to start their own businesses.
However, while an accounting practice can offer the benefits of being self-employed, such as a better work/life balance and growing earning power, there are drawbacks.
Many accountants have a keen grasp on finance, but lack specialist experience in areas such as information technology, marketing and human resource management.
“When you’re in a business on your own, you can quickly run into a range of operational challenges. From a computer hard drive that fails during tax filing season, client’s that haven’t paid for services, to changing deadlines and the constant need to seek new business – it’s not always easy to keep your head above water,” says Nikki Summers, Director, Sage …read more
Read more here:: How Cloud Software can help Kenya’s Accounting Practices