Business Fundamentals


  • How Businesses Make Money - Revenue models, profit margins, business models in energy sector
  • Financial Statements Basics - P&L, balance sheet, cash flow - what they mean and why they matter
  • How Companies Are Organized - Organizational structures, reporting lines, decision-making hierarchies
  • Business Strategy and Planning - How companies set direction, allocate resources, prioritize initiatives
  • Marketing and Sales Fundamentals - How companies find customers, what sales processes look like
  • The Role of Different Departments - What HR, Finance, Legal, Operations actually do and why it matters to you

Business of Engineering Services


  • How Consulting Firms Make Money - Billable hours, utilization rates, multipliers, project profitability
  • How ESCOs Make Money - Performance contracting, shared savings, guaranteed savings models
  • How Utilities Make Money - Rate structures, regulatory frameworks, why they fund efficiency programs
  • How Manufacturers Make Money - Product margins, distribution channels, why they need engineers
  • Understanding Your Employer’s Business Model - Applying the concepts to wherever you work
  • Competitive Positioning

Sales and Business Development (For Engineers)


  • The Sales Process - How opportunities are identified, qualified, pursued, and closed
  • Writing Proposals - RFP response, scope development, pricing, win themes
  • Client Relationship Management - Building trust, managing expectations, handling difficult conversations
  • Networking Effectively - Professional organizations (like AEE!), conferences, LinkedIn, relationship building
  • Personal Brand and Reputation - How your professional reputation is built and maintained

Contracts and Legal Basics


  • Contract Fundamentals - What contracts are, key terms, how they protect (or expose) you
  • Types of Engineering Contracts - Fixed-fee, time-and-materials, performance-based, design-build
  • Scope Management - What’s in scope vs. out of scope, change orders, scope creep
  • Professional Liability - Errors and omissions, what you’re responsible for, insurance
  • Intellectual Property Basics - Who owns the work you create, proprietary information, NDAs

Project Economics and Financial Analysis


  • Life Cycle Cost Analysis - NPV, IRR, payback period, how to evaluate investments
  • Understanding Utility Rate Structures - Demand charges, time-of-use rates, how bills actually work
  • Energy Project Financing - Loans, leases, ESPCs, on-bill financing, power purchase agreements
  • Incentive Programs and Their Economics - How rebates work, tax credits, grant programs
  • Making the Business Case - How to justify projects to decision-makers in financial terms

Business Communication and Politics


  • Understanding Stakeholders - Who has interests in your work and how to navigate them
  • Speaking the Language of Business - Translating technical work into business impact
  • Navigating Office Politics - Informal power structures, building alliances, managing conflicts
  • Meeting Management - Running effective meetings, participating productively, following up
  • Email and Professional Communication - Writing clearly, managing expectations, documentation

Starting Your Own Business



See Also