Specialisation by CA
2 Min Read
Specialisation is a basic universal rule or principal and it is applicable to all areas of life, business. It is applicable to all cities whether small town or metro cities. Basic example is a carpenter does furnitures for all and does not file his income tax Returns.
Only when u do specialisation, you can gain expert knowledge of any field. When you do specialisation , chances of errors are less. One becomes more productive and effective. You can learn one thing and help in 100 cases so that gives you leverage.
Specialisation is long term game, in short period it may be difficult to find clients for specific work , in long term it pays 100 times better. It's proven fact that a heart surgeon earns 100 times than a general practitioner.
How to solve problem of clients wanting all services under one roof - make partnerships and associations . You refer others for their expertise and they will do the same for your expeties.
Specialisation will give you name and goodwill. Like for example when we say GST we instantly remember @SKHalakhandi on twitter. There is more recall value.
With 100s of laws in India one can never find enough time to update oneself constantly and one cannot guide clients 100% confidently with limited knowledge.
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