Becoming a CPA and open CPA Firm?

Just a couple of things. First of all you must be a CPA to open a CPA firm. You will need to be registered with the AICPA and without at least one of the owners being a CPA< you will be hard pressed to open smoothly. 2. If you own the business, the sky is the limit in terms of salary and profit potential. In a CPA firm, you are the business and so you reap all the benefits. 3. Most importantly, a CPA firm is based upon one thing and that is reputation. Opening a public accounting firm is not the same as franchising a McDonald's. It needs to be done with people who have various experience levels in various industries. They also need to have experience in audits and reviews.- not to mention taxes.