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VIDEO: A Lesson in Small Business Accounting from Code Camp

by Samuel Williamson

2 min read

Ben Levi and his business partner Pete Neill met at Fishburners, Australia’s largest startup co-working space and community in Sydney. It was there that they had the idea to start Code Camp. Since launching in December 2013, Code Camp has taught over 2,000 students across Sydney. As with any company facing huge growth, the financial side of the business began to get out of hand. That’s where QuickBooks Online came in, helping Ben and Pete to focus on the business and keep their growth in check.

From an Idea to a Reality

While Ben and Pete were working side by side at Fishburners, friends and family were asking them for lessons on how to code. From these requests, the men came up with the idea to teach coding to kids in a fun and engaging way, giving Sydney’s school kids a valuable skill for today’s technological world. Ben had previously founded landlord management app RentingSmart and had a background as a maths tutor. Pete, an iOS developer, founded the fashion app Stashd and worked as an English teacher. Their education background and coding prowess helped them create a teaching plan for the camps.

Code Camp aims to nurture the creative minds of the kids who attend, helping them learn about coding in a fun environment while teaching them to build a unique app they can call their own and use on their device at home.

Growth Led to Challenges

Code Camp came onto the scene at just the right time and has rapidly grown since its inception. But fast growth brings its own set of challenges. For Code Camp the challenge was accounting. The growing list of kids wanting to enrol meant the business continued to employ more and more teaching staff across multiple schools and venues throughout Sydney and Melbourne. Keeping track of all the expenses and invoices was proving to be difficult.

As Ben explains, before they started using QuickBooks Online the business was being held back by manual accounting processes. Like so many small business owners before them, they had a shoebox full of receipts and an inbox full of emails – not the most efficient process for their accountant. Their accountant referred them to QuickBooks Online to streamline their processes as the business continued to grow. The cloud-based nature of QuickBooks Online allows the business partners to track their costs on the go and to access their accounting information anytime, anywhere.

Now Ben and Pete can focus on what they do best: teaching more and more kids across Australia how to code. Who knows? One of their students could even be the next Zuckerberg.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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