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. 

Scientists at the University of Southern California (USC) have developed an organic, rechargeable battery that could be scaled up for use in power plants, making the energy grid more resilient and efficient by creating large-scale capacity to store energy for use as needed.


The National Electrical Contractors Association (NECA) and the International Brotherhood of Electrical Workers (IBEW) established the National Joint Apprenticeship and Training­ Committee (NJATC) in 1941. Dedicated to creating the best electrical workers in the world, it succeeded remarkably.

It’s been said before that all politics are local. Recently, local leaders took that adage and applied it to the pursuit for a new energy society.


The company I worked at while being trained as an electrical estimator already had an estimating system: a mainframe computer system called Estimatic. We had to convert each takeoff item and assembly into a 10-digit code. We entered the codes and quantities into a teletype machine.

More on Your Business

 
The First Single-Molecule LED

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Among the industries seeking ways to make technology smaller, lighting is no exception. Now, a team of scientists at the University of Strasbourg in France has developed the first single-molecule light-emitting diode (LED).


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The Seven Myths of a Contractor Business Exit
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Contractors spend their adult life building businesses that usually hold more than 70 percent of their hard-earned wealth. Unlocking that trapped wealth without being clobbered by taxes will be a key to your retirement and not outliving your money.

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Construction Industry Pledges 
to Employ 100,000 Veterans

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On Feb. 10, 2014, First Lady Michelle Obama and Labor Secretary Thomas Perez announced that the construction industry has pledged to hire 100,000 veterans over the next five years.

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Companies of All Sizes Benefit by Making Accident, Disability Plans Available to Employees
by Staff |
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A new survey released by Aflac found that 42 percent of all companies providing access to voluntary accident and disability insurance reported declines in their workers’ compensation claims.The Aflac Workers’ Compensation Report, an online survey conducted by Lieberman Research Worldwide, asked 600

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Transmission And Distribution Investment On The Rise

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The landscape of power in this country is changing at a rapid pace. Forces external to the industry, such as climate change, and those with a more intrinsic link, such as technology and consumer demand, have combined to place great pressure on the nation’s delivery system.

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Better Communication Improves Utility Customer Satisfaction

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In an era of constant communication and overwhelming amounts of data, information fatigue is always a risk. In one industry, however, overcommunicating has not caused a backlash. In fact, it has been quite the opposite.


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Graph Theory Research Could Aid Network Connectivity
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The ever-tightening squeeze of available bandwidth for our telecommunications devices has become a common and persistent problem in the digital age.

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