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Owning and Operating a Small Engineering Company

John C. Huang, Ph.D, PE

The material covers the various aspects of creating, operating, and owning a small engineering company. Information on legal requirements is limited in scope as it varies state to state and the concentration is on growing and operating the company. Points covered include company names and logos, developing the direction of the company and its size, obtaining work, balancing staff size versus potential work load, types and effects of various contracts and insurances along with potential problems. Discussion of sales and advertising and the types of work to be taken are included. Discussions include the necessary content of billing rates and lump sum pricing.

This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.

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NY PE & PLS: You must choose courses that are technical in nature or related to matters of laws and ethics contributing to the health and welfare of the public. NY Board does not accept courses related to office management, risk management, leadership, marketing, accounting, financial planning, real estate, and basic CAD. Specific course topics that are on the borderline and are not acceptable by the NY Board have been noted under the course description on our website.