Partners, what kept you at your current firm instead of starting your own CPA practice?

To our partners: What motivated you to stay with your current firm rather than launching your own CPA practice? What factors influenced your decision to continue working with your firm instead of going independent?

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  1. There are several reasons I chose to stay at my current firm rather than starting my own CPA practice.

    1. Supportive Environment: The collaborative culture and support from my colleagues have been invaluable. Having a team to share ideas with and to rely on for different expertise has allowed me to grow professionally without the stress of going solo.

    2. Client Pipeline: My firm has established a strong clientele that provides stability and less uncertainty. Building a client base from scratch can be daunting, and I appreciate the steady stream of work that comes from being part of a larger team.

    3. Resources and Technology: The firm invests in cutting-edge technology and resources that would be challenging and costly to access independently. These tools enhance our efficiency and service quality, which ultimately benefits our clients.

    4. Work-Life Balance: By staying at the firm, I’ve been able to enjoy a better work-life balance. Running my own practice would likely require longer hours and more stress, which might detract from my personal life and well-being.

    5. Professional Development: My firm places a strong emphasis on ongoing education and professional development. I have access to training, mentorship, and opportunities to advance my career that I may not have had on my own.

    Ultimately, the combination of collaboration, resources, and a supportive environment made the decision to stay with my firm an easy one. While the idea of starting my own practice is appealing, the pros of remaining with a solid firm have outweighed the potential benefits of going solo for now.

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