Okay, so we have considered all the requirements for starting an engineering consulting company. Why Start an Engineering Consulting Firm?
It is important to be sure that your proposed company name is unique, at least in the areas that you plan to practice, now and in the future. You or your attorney should check and avoid pitfalls such as: Table of Contents Do this last. Use the above list starting with Executive Summary and including page numbers.
Provide a sub-list of the Supplemental Material.
Add appropriate sections, if fitting for your firm. Executive Summary Do this after the other sections are complete. It is the most important section and the only one that many people may read. But, if you do a good job on the other sections, this one will write itself.
Business Description Describe what services that your firm will provide and the kinds of projects and types of clients. Assume that the reader knows little or nothing about consulting engineering.
Also, include the same for your partners and any significant employees. Ownership Agreement If you will have partners, include this section. Describe your planned legal structure Partnership, S Corporation, etc.
Operations Plan Describe your proposed operation in paragraph form.
Include hours of operation; who will receive guests; how phones will be answered; detailed job description of you and your partners and staff. Cover how projects will be handled: Summarize your marketing strategy and analyze your competition.
Include savings being invested; gifts promised, if any; and loans promised or anticipated.
Explain discrepancies, if any. Also consider including other supporting information such as Letters of Reference; Letters of Commitment from financing sources; copies of bank statements; etc.
Used with permission of Professional Value Books, Inc.this Guide to Starting and Running a Consulting Business, brought to you by BizFilings and Business • What will my business plan look like? If I am going to start a successful business, I need a business plan to identify my goals and lay out the steps for achieving those goals.
The guidelines within this sample business plan will provide you with a good overview of starting an engineering consulting business. Engineering Consulting Business Plan Sample | Entrepreneur The guidelines within this sample plan will provide you with a good overview of starting an engineering consulting business.
How to Start an Engineering Firm. Engineering has long enjoyed a reputation as a distinguished profession. Like doctors and lawyers, engineers find tremendous benefit in partnering with each other and forming a firm to support their practice and drum up business.
Engineering Consulting Business Plan This is an engineering consulting sample business plan from StructureAll Ltd, a start-up consulting firm in Yellowknife, Northwest Territories.
The firm offers structural engineering services, specializing in 3-D modelling and visualization. Starting an Engineering Consulting Firm – Sample Business Plan Template 1.
Choose a Field Of Specialization -: I have mentioned earlier on that to succeed in this consultancy career, you need to have training and years of field experience, so you have to choose an area to specialize your consultancy career, and most likely in your trained field.
A consulting engineer’s Business Plan is the “structure” of your engineering practice, which precisely defines your company and identifies your goals. It will organize your thoughts and will give you a “game plan”.