ENGINEERING.com has updated it's forum.  To post a question please visit the new Ask@ Forum.   

With a database of over 10000 questions the library will remain available for an extended period.
Q&A


Jonathan Bello		 How much money does it take to start your own Architecture/Engineering firm or company? View All


16 years ago - 4 months left to answer. - 2 responses - Report Abuse
Respond to question
    0      [lnkReport]        0       0       
Share |
  Responses

Mike Wifado
 it depends...
Look at alot of things.. such as location, machinery... employees.

16 years ago

Source:


  0     0         

Vic
 the best thing I can do to answer this question is to give an example.... Myself. I'm a Mechanical Engineer.

$250 to incorporate
$18,000 est. for CAD software, computer, and other various things
$200 website
$500 Small Amount of Advertising

I'm presently looking to expand my business, so there will be many more expenses coming, but if you want to keep it small (very small)... that's about what you're looking for. But keep in mind there's no benefits, you pay for your own insurance, and you have no vacation time, unless you alot it to yourself.

I am presently looking at buying a small building or storefront, a few more computers and licenses of software, and hiring a few employees.... All in all that will add about $130,000 for the first year.

Hope this answers your question...




16 years ago

Source:
Best Answer

  0     0         

ENGINEERING.com does not provide engineering advice. The Ask@ service is a forum for members to exchange ideas relating to the world of engineering. We caution users not to accept any responses that they receive without further validation, and not to rely on any engineering advice that they may get from other members of the Ask@ forum. ENGINEERING.com specifically disclaims any obligation to validate or verify any information posted within the Ask@ service. ENGINEERING.com encourages users to seek the services of a professional engineer for any engineering advice they may require.