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. 

In light of the trend of utility customers establishing their electricity service independence with distributed generation technology, utility companies have expressed fears of a “death spiral” as they lose money from those customers and face a diminished capability to maintain their transmission sy

In the quest for achieving greater energy efficiency, buildings have become a primary target, and building designers are jumping on the bandwagon.


The power generation environment is changing, and so are the systems used to transmit and store that resource. Microgrids are emerging as one of the key components in the new energy landscape.


Last month we talked about why bid listing laws are a good thing. In summary, general contractors use bid shopping to take profit from the subcontractors and keep those profits for themselves. Bid listing laws are a very effective way of stopping post-award bid shopping. 


More on Your Business

 
To export, or not to export

Things I Have Noticed: Short stories from the estimating trenches

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I have been wanting to write about several topics that are not long enough to fill this column by themselves. This month, I decided to combine a few subjects into one column, so I could finally get them off my mind.
 To export, or not to export


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Floyd Young of Red Top Electric Co. said that early participation in the DB process and coordination of the entire team are the most critical contributing factors to success
DB/IPD Casebook: Reporting From the Field
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It is generally accepted that design/build (DB) projects represent a source of lucrative work for electrical contractors (ECs). In fact, ECs cite this discipline as one that will contribute to future growth.At the beginning of

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And Assets

Prefabrication Trends
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Recently, there has been a rise in the use of prefabrication and modular construction methods, even though both have been used in the construction industry for centuries.

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Resilience—A Hot New Concept
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Since many locales have suffered some form of natural disaster in recent years, world and thought leaders have begun to hone in on massive preventive solutions that are now commonly lumped under the label “resilience.” How can the manufactured physical infrastructures of our societies be rendered re

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Your Money And Your Life
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How does your attitude about money affect your business and personal life? At work, people are seldom comfortable discussing financial issues with employees or co-workers. You implement procedures to acquire and protect assets, and expect your employees to legally agree to follow your rules.

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Cloudy Days: Mobility and cloud computing 
shake up business
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Saving time and money through collaboration and mobility are new imperatives for today’s construction industry. However, these essentials reside in a changing world. The desktop computer is taking a backseat to the ubiquitous tablet and smartphone for business.

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