When it comes to setting up a business, people are often daunted by the prospect of bookkeeping. This is usually because they are great at their selected specialisms, but when it comes to the back office lots of people are put off starting up because of their reduced accountancy knowledge. However there are methods for entrepreneurs to tackle some of the key accountancy 'myths' which are currently preventing a lot of entrepreneurs taking the leap into starting up. I've worked alongside many small businesses over the years and most of the time, when it comes to starting up they all have one thing in common: While they are excellent at providing a service or a specialist in a certain field they find themselves daunted by the prospect of bookkeeping -- I've even heard of several entrepreneurs avoiding setting up altogether. This has often troubled me greatly, as I believe that entrepreneurship will be key to the future growth of the economy. Technology is evolving so much, that we are now at a stage where we can communicate internationally from our own kitchen tables. Instead of reaching out to the world, the world can now come to us in terms of better internet connections and telecoms; allowing start-ups the option to go it alone. It is certainly an appealing alternative to anyone who is battling the jobs market these days. So, I've decided to tackle this and dispel some of the common myths that surround starting up, as far as accounting