Practice or job

Should the new entrants in the profession opt for employment in the industry or private practice ?

employment in the industry

Paypacks are now quite handsome and as such employment would continue to  become

increasingly more lucrative as multinationals will turn paymaster par excellence.

In such a context those opting for self-employment will be less although there will be

lot of opportunities for the specialist.

private practice

Being in practice involves a huge opportunity cost.

If one could tide that over then the earning potential in practice could be limitless.

if you decide to go in for practice "invest in technology" and have a good infrastructure

for development of knowledge and in turn professional opportunities and practice.

I believe that good reference books are a must for every professional.

"You are all set on the threshold of your careers…..

only things you need now are :

good financial backing

your determination to set up your own practice

and

ability to work hard for it"

"a well organised office of a continuously trained staff will help

the CA to render better and wise services to his clients"

If you are a devotee of lord rama then you should join the industry

as rama was famous as wonderful husband of sita only and a great king.

but if you are a follower of sri krishna who was famous as a wonderful lover

of 108 Gopees

then you can think of joining the profession which demands the passion.

A passion and ambition to serve, nuture 108 clients not for one.

It is a choice to be made according to the attitude of a particular professional and his way of life.