Your Business

 

 

Articles in this section are intended to help electrical contractors grow and improve their businesses, from financial and legal advice to creating a service and maintenance department. You’ll find articles on estimating projects and more below. 

On October 8, 2016, the Birmingham Electrical JATC and IBEW Local No. 136 assisted in the setup and takedown at Oktoberfest Trussville, an annual event in Trussville, Ala., that raises money for local charities.

Second to electricians and project managers, the most important assets on any work site are equipment and tools. But until recently, tracking them—in the warehouse, in trucks and vans, and on the job site—was a paper-, pen- and phone-based operation.

My September column, “America’s Money,” explained the basic structure of the Federal Reserve, including the 12 Federal Reserve Banks, Board of Governors and Federal Open Market Committee (FOMC). All checks are cleared through this system.

Hundreds of jobs have been “mothballed” or put on an extended hold status. It occurs with home-renovation projects, power plants, marinas, dentists’ offices and automobile manufacturing plants, to name a few. Every case is unique, yet almost all instances eventually boil down to money issues.

More on Your Business

 
Plays Well With Others

Over the last decade or so, we’ve seen you grow into a social being, a mature individual with your own strengths who is willing to contribute to a team in a collaborative environment where the sum is greater than its parts.


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Ideas That Work: Magnet, Duct Seal and Outdoor Solutions

Every month, we pick the top Ideas That Work submitted by you, ELECTRICAL CONTRACTOR readers.


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The Next Generation Of ECs

The end of August means “Back to School” for many electrical contractors and their families. The National Electrical Contractors Association (NECA) reaches out to young people and, in particular, students in a variety of ways throughout the year.



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ELECTRI International Research Awards

Each year, ELECTRI International makes Early Career Research Awards available to individuals in universities and research institutions.


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Baker Electric’s BIM Training Strategy Pays Dividends


In May, Baker Electric Inc. in Escondido, Calif., partnered with U.S.


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Schneider Electric Introduces New Online Platform

On July 26, 2016, Schneider Electric introduced its New Energy Opportunities (Neo) Network, an online networking tool designed to help companies find the best renewable energy solutions for their business.    According to a video released by Schneider, NeoNetwork has three main functions.


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Maintaining The Electric 
Utility Workforce


According to Richard Kim, energy sector leader of Korn Ferry Futurestep (a division of Korn Ferry executive search firm), the biggest challenges for electric utilities these days are aging infrastructure and an aging workforce.



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