Fundamentals of Starting and Operating a Business
Kevin A. Mussmacher, P.E.
This webinar caters to the engineers, architects or other professionals who want to start their own business. It covers the important legal and financial aspects of establishing a successful business, and attempts to give guidance in seeking further help from various service professionals. It is an excellent first step in avoiding the pitfalls of starting, operating and managing a business.
This course is
divided into sections each addressing one of the following topics:
Section 1 - Business Plan & Mission Statement
Section 2 - Form of Business Entity
Section 3 - Marketing
Section 4 - Accounting & Taxes
Section 5 - Establishing and Maintaining Corporate Identity
Section 6 - Financing
Section 7 - Human Resources
Section 8 - Insurance
Section 9 - Schedule of Services and Rates
Section 10- Quality Assurance
Section 11 - Contracts and Legal
Section 12 - Purchasing
Section 13 - Customer Service
Section 14 - References and Resources
Section 15 - Ethics
This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.
The objective of this course is to give the Engineer, Architect or other professional who wants to start a business an overview of the areas of concern that should be address to help achieve business success. This course is valuable to engineers, architects and other related professions.
At the conclusion of this course, the student will:
This course is intended for Engineers, Architects, Land Surveyors and other technical professionals.
Land Surveyors and other technical professionals often have the desire or the
need to "go out on their own" and start their own business. Despite
years of technical training and experience, these professionals are usually
ill equipped and ill informed as to what it takes to get going and staying going
in their own business. They underestimate the time that must be devoted to getting
clients, effectively serving clients and getting paid. Then there are the complexities
of dealing with local and federal entities concerning taxes, OSHA regulations,
personnel issues, health insurance, the American Disabilities Act and employee
benefits. If you don't do the right things up front and establish the infrastructure
to handle these issues, you will always be in a reactive mode and will have
little or no time to actually perform any client assignments. This course will
introduce the professional to the areas that need to be addressed to establish,
operate and manage an effective and hopefully profitable business and still
have time to serve clients.
The following links contain the reference materials for this webinar:
of Starting and Operating a Business (PDF file, 29 pages, 1.2 MB)
Lecture Slides (PDF file, 12 pages, 1.2 MB)
Please click on the above underlined hypertext to view, download or print the document for your study. Because of the large file size, we recommend that you first save the file to your computer by right clicking the mouse and choosing "Save Target As ...", and then open the file in Adobe Acrobat Reader. If you still experience any difficulty in downloading or opening this file, you may need to close some applications or reboot your computer to free up some memory.
Before you attend the webinar, you need to print the quiz questions from your browser (to be used for the discussion during the webinar). At the end of the webinar, you need to complete the quiz and submit your answers to obtain the PDH credit.