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. 

It stands to reason that, in a desert state such as Arizona, solar power would be something of a no-brainer. But in Arizona, the issue of harnessing one of the most plentiful and valuable resources has caused a controversy.


I was recently following a forum discussion about issues related to using spreadsheet software for estimating. It turned into a spreadsheet–versus–database argument and got a little heated. The truth is both systems have a place in your estimating toolbox.


The United States is undergoing a major shift in the way it generates and consumes electricity. In the midst of such visible changes, strong metrics are enlightening—even if they are, in some ways, stating the obvious.


A prognosticator forecasting the end of electric utilities as we know them isn’t news. Economists and market researchers have been telling this fortune for several years. But when the people in charge of utilities corroborate those reports, it’s no longer a tale read in the tea leaves.

More on Your Business

 
Still Trying To Get Along
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While preparing estimates, the methods and rules that estimators follow depend on several factors, including training, experience, the type of project and company culture. In some instances, estimating practices may not mesh well with project management requirements.

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How Do You Office?
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“Space matters” is the new mantra as the office concept undergoes some radical rethinking. Today, square-footage is often decreasing as occupancy increases. Open landscapes rule as corner offices disappear. Cubicles are giving way to collaborative worktables. Work from home? No problem.

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Four Ways To Build Your Service Customer Base
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Emily Martin took us by surprise. From the very beginning of our interview with her, she didn’t hesitate to divulge things that most other electrical contractors (ECs) would be reluctant to share.

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Working Capital Management
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Electrical contractors generally use net profit levels as the primary measurement of their success, but cash is the lifeblood of daily operations. Even profitable companies can fail without a healthy cash flow.

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Hot Markets: Government And Municipal
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According to “The Federal Commitment to Green Building: Experiences and Expectations” report from the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy, the U.S.

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Southwire WIMpull CoilPAK cart
Cool Tools: Cable Reels And Handling Equipment
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For years, wire supplies have been rolled around in drums for storage, shipping and transporting to job sites. The traditional spool material is solid wood, but, today, cable reels also are made of plywood, steel and plastic, offering improved durability or lighter weight.


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Skilled Worker Shortages Reignite Concerns And Motivate NECA Action
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I’ve only been NECA’s president since Jan. 1, and I’m already up to my neck in my new role as the association’s chief elected officer.

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