So DH and I have been talking for a while now about him starting a bookkeeping business from home. He's qualified, and will finish his B. Business in Accounting at the end of the year. Currently he's not working at all, he's been home taking care of me. So I guess if you have started a small business from home (and especially if it's a bookkeeping business):
What set up costs are involved? Obviously he'll need an ABN, a work space etc (we're making him a study space in the garage that could easily double up), what other start up costs are involved?
Should we talk to a financial advisor or an accountant about this?
How did you establish yourself, find work etc?
On average, how much work can you expect to bring in, both initially when starting up, and then later in when more established. What sort of money does it bring in (I'm thinking not a great deal but that's not an issue).
Anything else you want to add would be awesome. It's something we've been seriously considering him doing for a while, and now with the family situation the way it is, and he's not working at all, we figure why not?
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