I do not own an accounting firm but I worked for an accounting firm that had just started. The main frustration was completing assignments. Some assignments would drag on simply because the client was not forthcoming with information or in some cases we had no clue what was going on in the business.
There's always biggest frustration in relation to growing a business. Even in accounting firm, accountants have their own frustration when it comes to growing their businesses. Some accountants feel that the hardest part in growing a law firm is finding clients. Some other accountants feel that they are difficult to keep old clients - almost all clients just come to the accounting firm for one time only and not coming back anymore.*
What is your biggest frustration in relation to growing your accounting firm? For corporate lawyers who plan to start your own accounting firm, what is your biggest frustration to start your own law firm?