The "Complete Guide" to CONSULTING ENGINEERING: How to Start & Manage an Outstanding CONSULTING ENGINEERING PRACTICE

The "Complete Guide" to CONSULTING ENGINEERING: How to Start & Manage an Outstanding CONSULTING ENGINEERING PRACTICE

In essence, readers discover “step-by-step” how to start & manage an “outstanding” Engineering Practice and exactly how to gain a reputation as an expert in their specialty. This is both a handbook for new engineers and a constant reference manual for seasoned professionals.The book is divided into “five parts”: Preparation; Planning; Implementation; Managing; and Cashing Out.PREPERATION includes:•Selecting a collage. Make sure that it has the right accreditation to allow you take the Professional Engineering license exam. (ABET-EAC accredited)•Take the FE exam. In your senior year at college, while the fundamentals of engineering are still fresh in your mind.•Gain experience. A minimum of four (4) years of “certifiable” experience in engineering work. •Join engineering societies. Become an officer; make contacts; gain credentials; and build a reputation in the industry.PLANNING includes:•Recognize opportunities. Buying an existing practice; starting upon another engineer’s retirement; becoming a partner in an existing firm; or hanging out your shingle.•Consider ownership options. Carefully consider the pros & cons of being on your own verses having partners.•Choose Specialties. Choosing between being a “single-discipline” or “multi-discipline” firm. •Prepare a Business Plan. Learn how to write a “Business Plan” including how to estimate expenses & income for both start-up and your first year.•Apply for a Business Loan. Discover the secrets to getting approved for a Business LoanIMPLEMENTATION includes:•Pre Start-up “Check List”. Once you have made the GO decision, find out the initial steps to take & things to avoid.•Start-up “Check List”. Discover how to actually start your practice step-by-step.MANAGING includes:•Acquiring service. Learn how to select the right Attorney & CPA and obtain the insurance coverage needed.•Marketing. Discover the marketing materials & methods that will keep your firm busy.•Expert. Learn the secret of gaining a reputation as an “expert” by publishing technical articles.•Fees. Uncover the mysteries of preparing winning & profitable fee proposals including the graphs & lists that make it easy.•Forensic Engineering. Find out how to make this interesting & profitable litigation specialty part of your engineering practice.CASHING OUT includes:•Selling your firm. Learn how to sell your practice for the maximum profit and retire comfortably.###