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. 

For each project, electrical contractors must ensure the right equipment is on-site, that it’s affordable and, most important, safe and reliable. But what to do when dealing with installed equipment or with tools and equipment that they don’t own? How do they know it’s safe and hasn’t been damaged?

Sometimes you have a choice to get wet; sometimes you don’t. Splashing through puddles for fun is one thing. Forgetting your umbrella is another. Getting doused with 27 trillion gallons of rain, which is how much Hurricane Harvey dumped on Texas and Louisiana, is altogether something else. 

Often, people in our industry have more than one job title. Smaller shop owners often wear many hats. As businesses grow, one of the most frequent pairings is estimating and project management. 


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

More on Your Business

 
Net Neutrality Battle Lines Drawn


Dramatic policy shifts are to be expected when new administrations step into the White House. This includes regulatory actions, which don’t require the president’s signature.


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New York Increases Penalties For Unlicensed Electricians

According to the New York City Council website, on March 21, Mayor Bill de Blasio enacted Introduction 247-A, a bill which amends the New York City administrative code to increase the civil and criminal penalties for performing electrical work without a license.


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Excellence Versus Perfection

I recently read an article regarding excellence versus perfection. It hit the nail square on the head regarding my estimating philosophy, which I developed mostly because of the stark contrast between my first two estimating jobs.



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Melting Down: U.S. Nuclear Industry Facing a Construction Challenge


The U.S. nuclear-power industry just can’t seem to catch a break lately. While the Tennessee Valley Authority’s Watts Bar Unit 2 plant made history last October as the first new U.S.


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Opportunity awaits

Sensor Revolution: IoT and Data Value Are Boosting the Latest Technology


In the United Kingdom, pregnant cows may now be better protected, thanks to sensors. A bright green sensor device strapped to a cow’s tail alerts farmers, through an Internet of Things (IoT) network, that the cow is close to giving birth.


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Is It Done Yet? The Law on Substantial Completion


We get so used to the term “substantial completion” that we may be surprised at what an odd concept it is (meaning “not quite done”) and why it is often litigated.



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The Business of Insurance in 2017


News coverage of the health insurance debate should serve as a reminder for electrical contractors that have not fully evaluated or updated their business insurance plan. At renewal time, it’s important to update coverage and implement a plan to meet out-of-pocket costs.



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