Duane's interest in IT started at 14. He was living in a childrens home in Newham, East London. He was suspended from school. The staff at the children home were left to teach him. As they weren't teachers they didn't know what to do so they left him with a ZX Spectrum and a book on how to program it.
After spending his late teens contracting for organisations such as the CBI, the BBC, Proctor & Gamble, Eidos and Reuters he found himself at aged 19 between contracts and out of cash.
He made some very bad decisions that would change his life forever. His peers from his upbringing in care were involved in criminal activities and he got involved in a bid to earn some fast money. This ultimately resulted in him being arrested and spending time in prison in the US and the UK.
In the 2.5 years he served in prison in the UK he spent his time teaching basic IT skills to other inmates and received a Millennium Volunteers Award from the then home secretary, David Blunkett.
On his release he received support from the Prince's Trust to start a web development business. He quickly stumbled on the market opportunity for an easy to use accounting application as explained in more detail on our About Us page.
Duane was so impressed by the support he received from the Prince’s Trust whilst establishing his first business that, with the approval of the Trust, he set up trustNetworkers. trustNetworkers was a non-profit organisation that arranged networking events for Prince's Trust startups with the help of the London Youth Support Trust and sponsorship from DLA Piper and Workspace Group.
In February 2006 KashFlow Software Limited was formed when The Rt Hon. Lord Young of Graffham invested in the KashFlow product.
Duane has since gone on to meet leading figures from the business and IT world, including receiving praise from Bill Gates in 2008.
As well as the numerous awards the company has won, Duane has also won numerous awards himself including Young Entrepreneur of the Year and was named as one of The Most Impressive Businessmen aged 30 or Under by Esquire Magazine in 2008.
Duane is also a trustee of the London Youth Support Trust and a moderator at the UK Business Forums.
Follow Duane Jackson on Twitter Or check out Duane's profile on Google Plus
KashFlow is an online tool specifically designed to help owner managers in small businesses manage their accounts. KashFlow's aim is to take the boredom out of managing a company's accounts and to make the day to day tasks easier to achieve so that less small businesses neglect this area.
KashFlow keeps accounts management simple: it requires no installation, software training or prior knowledge of accountancy.
All users benefit from a free, no obligation 60-day trial. The monthly subscription price is £15.99 a month - including free support and upgrades.
For further editorial information, contact:
Dominique Gillespie
PR Manager
dom@kashflow.co.uk; 020 7403 0101
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In June 2008, KashFlow became the first accounting software package to be certified by PayPal for integration with its payment platform. PayPal and KashFlow now work in partnership to provide a seamless, end-to-end, payment processing and accounting system.
In October 2008 KashFlow won a Business Software Satisfaction award, judged entirely by customer feedback, for the category of small business accounting - beating the likes of Sage 50, Quickbooks Pro and MYOB. Statistics revealed by the awards organisers show that KashFlow has a 70% share of the web-based accounting software market in the UK.
KashFlow has received two rounds of venture capital funding from their now chairman, Lord Young of Graffham. Lord Young is a former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless.
KashFlow is simple to operate, with users instinctively knowing where to click to perform almost any accountancy task.
Owner managers are able to effectively manage their accounts with no need for software training or prior knowledge of accountancy.
KashFlow has been featured in the likes of the Financial Times, Daily Mail, The Daily Telegraph, The Mail on Sunday, BBC Radio and all the leading accounting titles.
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