u/Late_West_358

🔥 Hot ▲ 262 r/Accounting

Why aren't more people warning against starting your own practice

Been browsing through tons of posts about CPAs starting their own firms and almost everything I see is pretty positive. Most people seem to think you can build up solid income within around 2-3 years if you know tax work well enough going in

What's weird to me is I'm not seeing much pushback or cautionary tales about going solo. Maybe I'm looking at wrong places but for a profession that values security so much, seems strange that everyone is so optimistic about entrepreneurship

So my question for the CPAs here - is running your own practice actually as stable as these posts make it sound once you get past those rough initial years? Or are people just not sharing the downsides

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u/Late_West_358 — 15 hours ago