necnotevenclose
Senior Member
I have been entertaining the thought of starting an electrical design business. I don't have a PE stamp so I cannot call it a consulting engineering firm. So without a PE stamp I have to start a contracting business and obtain a contractors design stamp. My vision of my business is that a contractor could hire me at a lower cost of an enginner to provide design, construction assistance, review of plans & submittals. But I have a few mental obstacles before I can start. They are:
1) Being a design contractor & not a PE would I need liability insurance, or would the contractor that ends up actually doing the work have the majority of the liability?
2) Is there any $$$$ assistance from the feds to help fund this new venture?
3) If you are a contractor would you use this type of service?
4) How do you get hooked up with GC's, owners, architects, and other contractors. is cold calling okay?
Any helpful advice would be greatly appreciated and if anyone starts a successful business based off of this idea I want 30% of the profits.
1) Being a design contractor & not a PE would I need liability insurance, or would the contractor that ends up actually doing the work have the majority of the liability?
2) Is there any $$$$ assistance from the feds to help fund this new venture?
3) If you are a contractor would you use this type of service?
4) How do you get hooked up with GC's, owners, architects, and other contractors. is cold calling okay?
Any helpful advice would be greatly appreciated and if anyone starts a successful business based off of this idea I want 30% of the profits.