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. 

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.


Photo from a Safety Stand-Down event hosted by Werner. Courtesy of Werner at www.wernerco.com/us.

From May 8 to May 12, the Occupational Safety and Health Administration (OSHA) will hold its fourth annual National Safety Stand-Down, a program started in 2013 to “raise fall hazard awareness across the country in an effort to stop fall fatalities and injuries,” according to the OSHA website.

Tesla aims to put an EV in every driveway, a Powerwall and EV charger in every garage, and solar tiles on every roof.

Tesla has made a name for itself in the world of electric vehicles (EVs) and green energy.

Quality electrical contractors understand true success requires a combination of essential elements. That must include safety. More than 4,500 workers are killed on the job every year, according to the U.S. Department of Labor. Some of them, sadly, are in the construction industry.

More on Your Business

 
Finger on the Pulse: Managing Inventory From Mobile Phones

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.


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Why Manipulate The Economy?

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.


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Mothballs: The Ins and Outs of Extended Holds

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.


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Tools, such as Milwaukee’s M18 FUEL hex impact driver kit, are available to rent.
Cool Tools: Renting Tools And Equipment

These days, almost anything can be rented, and the rental industry has done a good job making consumers and business owners aware of the benefits of renting versus owning.


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Editors' Pick
Electrician to Elected Official

They say there is nothing like the satisfaction of a job well done, and electrical construction is often grueling work. It can occupy every waking moment and sap every ounce of strength.


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The Sharpest Tool in the Shed

Merriam-Webster dictionary defines “tool” as “a handheld device that aids in accomplishing a task” and “something (as an instrument or apparatus) used in performing an operation or necessary in the practice of a vocation or profession.” We like to think that ELECTRICAL CONTRACTOR fits both of those


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Ideas That Work: Resourceful Tape, EMT and Screwdriver Solutions

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


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