Tuesday Dec 20, 2022
Tim Fouracre on why he left a thriving business to start a new one | DRIVE with Richard Osborne
What do you do when you have an established, thriving business? Well, if you’re Tim Fouracre, you leave it and start another! Tim has a wealth of experience in accounting; having spent nearly 10 years (as founder) and CEO of a cloud accounting company, Clear Books Ltd. He’s also the kind of guy who likes to get things done; from starting his own career in accountancy after getting an accounting bill and ascertaining he could do the job himself, to dealing with his frustration at not being supported by his fellow shareholders in his desire to expand into banking! Tim could see a clear solution to businesses spending too much time and effort on accounting and banking systems by combining the two but there was no avenue to do this in his current business…
This lightbulb moment about combining banking and accounting led to him leaving Clear Books to start Countingup and, four years in, business is booming.
But his journey to success wasn’t as simple as current figures suggest. Tim met a lot of resistance along the way, including from his business partners, but his determination to succeed drove him on, and has revolutionised the way people run their small business.
More information on CountingUp can be found at www.countingup.com
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