Starting and Maintaining a Business
- Type: Conference Presentation
- Conference Type: AIChE Spring Meeting and Global Congress on Process Safety
- Presentation Date: August 19, 2020
- Duration: 20 minutes
- Skill Level: Intermediate
- PDHs: 0.40
This talk will discuss how to carve a niche which has a demand in service business, trials and tribulations in starting an enterprise from scratch including generating initial revenue, obtaining appropriate insurance and resources required both financial and human. I will also discuss my experience in setting up company name and logo.
Maintaining and sustaining a small service business requires being both aâ sellerâ and âdoerâ. I will discuss balancing between need to sell work as well as complete technical projects. I will discuss my own overall approach to generating steady revenue stream. I will relate my experience in maintaining cash flow, balance sheet and other financial issues.
I will discuss some of the attitude and aptitude required to be successful in business based on my
experience. There is a lot of satisfaction and a sense of accomplishment in operating a business if there is a methodical approach with right attitude and ability to adapt to changes.
|AIChE Member Credits||0.5|
|AIChE Graduate Student Members||Free|
|AIChE Undergraduate Student Members||Free|