PROFESSIONAL PAPERS
Apr 1, 1989

Establishing, Operating, and Controlling an Engineering Consulting Firm

Publication: Journal of Professional Issues in Engineering
Volume 115, Issue 2

Abstract

Unlike other professionals, engineers are not prepared to expect to go into business for themselves. As a result, many engineers establish a consulting firm without giving adequate consideration to the business requirements of the practice. The basic groundwork, including the selection of the legal structure and establishment of internal systems to create management information, should be the first step in establishing the firm. Serious thought and planning in these areas will provide the practice with a solid foundation for success.

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References

1.
Holtz, H., How to succeed as an independent consultant, John Wiley and Sons, Inc., New York, N.Y., 1983.
2.
Meigs, W. B., and Meigs, R. F., Accounting: the basis for business decisions, Fifth Edition, McGraw‐Hill, Inc., New York, N.Y., 1981.
3.
Seiden, R. M., Breaking away: the engineer's guide to a successful consulting practice. Prentice‐Hall, Inc., Englewood Cliffs, N.J., 1987.

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Published In

Journal of Professional Issues in Engineering
Volume 115Issue 2April 1989
Pages: 168 - 172

History

Published online: Apr 1, 1989
Published in print: Apr 1989

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S. M. Fenske, Student Member, ASCE
Dept. of Civ. Engrg., Univ. of Louisville, Louisville, KY 40292
T. E. Fenske, Member, ASCE
Asst. Prof., Dept. of Civ. Engrg., Univ. of Louisville, Louisville, KY

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