How is the practice market

I currently work in industry, an OK job (if a little tedious) with a reasonable salary for the area (Cornwall). I used to work in practice so have some idea of how things work (or at least how they did 10 years ago!). I am seriously thinking of starting my own practice and was wondering what the experience of other recently started practices have been like; is there plenty of work out there? Is competition fierce? Do charge out rates make it worthwhile? etc etc

Any feedback gratefully received.

Thanks

Comments
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I personally wouldn't jump ship at present.

Jekyll and Hyde |

Have a good read

Canary Boy |
Canary Boy's picture

Canary Boy

petersaxton |
petersaxton's picture

Move into practice? - have you got 12 months

Kent accountant |
Kent accountant's picture

-

Daffy Duck |
Daffy Duck's picture

Go for it

taxhelpukcom |
taxhelpukcom's picture

Fortune favours the brave

jon_griffey |
jon_griffey's picture

Prepare for Low Balls!

agknight |

Part time

petersaxton |
petersaxton's picture

Chocks away: Achieving freedom from the 9 to 5

taxhelpukcom |
taxhelpukcom's picture

go for it

tim@charlesaccountancy.com |
tim@charlesaccountancy.com's picture

Part time to start with..........

keyplus90 |