Have you ever thought about launching your own accounting practice? Find out the key things you need to consider to give yourself every chance of success.

In this video, Wayne is joined by Paul Meissner who, after quitting his 9-5 accounting job, decided to launch his own practice. Seven years on, 5ways Group has grown into one of Australia's highest-performing and most progressive accounting firms, with Paul remaining at the helm the entire time as the sole partner.

Paul shares everything he has learned along the way and his top tips to ensure the success of your own modern practice. You'll learn his three essential strategies:

• The ultimate fixed fee billing system

• How to create the capacity to ensure your lifestyle doesn't suffer

• Standing out from the crowd by building your online presence

Whether you run your own practice already or are thinking about it one day, this video provides you with learnings and takeaways that you can put into place today.