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Good views I like your point on service contracts cannot be won only on price but by improving quality. This brings to another point about Continuous learning and how updated we are on all aspects to the profession.
We have to make standard fees schedule for the certain specific services and we all have to be strict on the same.
Our Professional values and sacrifice is yet to know the business community
Why a CA can NOT talk in terms of 'RISK' associated with the work. Ab initio, the fees MUST be a function of "RISK." followed by all the things you have nicely mentioned.
It is very important how and where do you and your staff spend time. Like money accounting, time accounting practice shall be implemented and followed. Once we do this we can realize how we shall covert it into money. Look for some nice software for planning and tracking your time. Something like www.vworkbench.com
Sir... I have jsut started my practice and again its difficult to value your article. thanks for sharing your thought. I will surely try to provide quality service which will compenset me with value.
Thank you sir for your valuable suggestion sharing with us.
sir unable to follow you, plz can u add me @manitaggarwal
The day one will really know the "value of time" and utilize it to its best; he can't imagine right now what development he can have in next 10 years.
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