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. 

The debut of New York State’s ambitious regulatory initiative, Reforming the Energy Vision (REV), has generated quite a bit of interest.

Playing with the big boys


My first exposure to material pricing was in the mid-1970s when I was promoted to pricing clerk/assistant-purchasing agent at a wholesale house. My new desk was dominated by a 4-foot wide, metal-framed collection of pages called the Biddle Book, which was furnished by Trade Service Publications.

The National Electrical Contractors Association (NECA) works daily to ensure electrical contractors (ECs) have every opportunity to stay on top of the issues that affect their businesses and to be directly in touch with their senators and representatives in Congress.


Choosing a trustworthy financial adviser can be confusing and stressful. In last month’s column, we learned that researchers have not been able to find a link between financial literacy education and improved consumer decision-making.

More on Your Business

 
Different Strokes: Employing and working with millennials, part 2


Last month, I started a conversation about millennials. As a group, they are very important.


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Cut the Cost of Your Workers Compensation Insurance

You can control the cost of your organization’s workers compensation insurance with a few insider tips used by workers compensation cost control consultants. What follows are three proven methods to reduce the cost of this vital insurance to the absolute minimum. Your experience modification


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Help! I Need Somebody!

When I decided to write an article about the difficulties contractors are having hiring good people, I had no idea what I was getting into. Once again, I had picked a subject with passionate people on both sides of the table.


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Negative Effects: Unhealthy attitudes about money


This is the Chinese Year of the Monkey, which represents playfulness, creativity, honor, luck, God and riches.


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Changing The Power Paradigm: Fuel Cells

At Morgan Stanley’s Purchase, N.Y., facility, a 250-kilowatt (kW) fuel cell will regularly supplement existing grid power and provide backup power if grid power is lost.


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Editors' Pick
Game Plan: Pueblo Electrics installs scoreboard and 
LED lighting at Dutch Clark Stadium

Sometimes you just have to think big. When Pueblo, Colo.’s Dutch Clark Stadium needed a new scoreboard and lighting, Pueblo City Schools (PCS) considered modest options to keep the cost down.


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The Thing About The Internet Of Things

In 1999, Kevin Ashton, a British entrepreneur making a presentation about radio frequency identification (RFID) to a major U.S.-based consumer products manufacturer titled his slide “Internet of Things.” That expression, often abbreviated “IoT,” is now a permanent part of business vocabulary and den


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