The Recession-Proof Accountant
CPAs flock to at-home offices to battle downturn. Is it the right move for you?
by Rick Telberg/On Careers
If past recessions are any guide, the number of CPAs launching solo or side practices should surge in the next few months. But is it the right strategy for you?
The practitioners I hear from who are already working at home give it a double thumbs up. Still, the work-at-home accounting practice is not for everyone. It requires the right focus, self-discipline and an appropriate home-office setup.
Don Weinstein has seen the trend before. Even now, as vice president of strategy and marketing at Automatic Data Processing Inc., he notes that small business has generally been faring better than large business. And franchising is expanding. Indeed, CPAs can be very competitive.