It's not fastlane "out of the box" but it can be modified into one. My CA accounts for all my companies and family files and charges more than most others. But I am happy paying him more as he is super helpful and always available. One most important factor in your success as a CA firm is your people and relationship skills. I have single handedly brought an additional six figure yearly income to my CA by referring friends and family to him. Because he is always available and pleasant to talk to and responds to the silliest of questions. Keep this in mind.Hi Everyone!!!
I am a high school student from India. After checking out on multiple options, I found that CA is a suitable course for me as I love working with numbers.
But I want to make it clear that I don't wish to do a JOB as I value freedom a lot in my life. After consulting a lot of people, I came to know that I can also launch my own CA firm(providing services on specializations like Accounting, Taxation, Finance, etc.) Moreover, I also feel that knowledge in the above mentioned specializations will be very helpful if I plan on starting a new business. There's also a barrier to entry in opening a CA firm as only a person who has cleared the course and has extensive knowledge in these specializations can do it.
In addition to the above, this course is also dirt cheap(it actually has one of the best ROI ratio here) and most of the cost incurred on the course will be recovered through stipend earned during three years of articleship (similar to internship). So, I won't have to take on any sort of crazy debt imo.
So, I actually have two questions here. Will this course benefit me in future? And can a CA firm be a fastlane business? I am also open to hiring staff for my business. Moreover, after gaining some experience, I also plan to sell digital products with my expertise online and to my existing clients.
Thanks in advance!!!
Have a nice day, guys.