advice on practice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 September 2010 i m ca in govt job earning salary of Rs 37k pm . my age is 37 years .i want to start my own practice.pls advise should i quit the job and start practice.

B R Ramesh

B R Ramesh (Expert)
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23 September 2010 HI

as a CA earning 37k is not a big thing,

if you dont want to take any risk you can continue the current empoyment

or

ifyou have the capability to manage the firm individually you can practice or want to minimise the risk better join as partner from who is already into a practice as associates