This short motivation is for all those of you who are just venturing into the new and developing paradigm and trend of entrepreneurship. It is happening all over the country and it is likely to continue for many years to come. It is true to suggest that motivations for heading in this direction have been put forward by both the previous administration and the newly installed one, but the need to go into business as an independent has been a long time coming.
Many of you continued to hold on to your regular jobs for as long as possible. And then that epochal day finally arrived. Some of you were extremely lucky enough to receive appropriate training ahead of the time. You were taught basic fundamentals in business bookkeeping, and you were essentially taught how to set up and run your own business. You were also informed of the importance of having all the correct tools in place before you started.
You were taught how to manage your severance packages and how to invest a portion of it as capital expenditure for your start-up. Today, whether you are still preparing for that big day or have already struggled your way through your first journal entries, you are being told that one of the most important tools for your business is the customized software package which should include financial report writing software.
Do not be intimidated by this, you will still need the services of an independent bookkeeper or accountant in any case; you can be taught how to run your own software program. You do not need a degree in accounting or previous business experience to achieve this outcome.