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. 

As the emphasis on building energy efficiency increases, the demand for the technology to create that efficiency is also on the rise.


Have you heard the definition of estimating? It is the art of starting from a random point and then proceeding with great accuracy.


The bread and butter 
of digital innovation is its ability to save. Doing things electronically almost always means doing them faster and at lower cost. This axiom of modern innovation has altered every industry and type of operation.


In January 2013, the Edison Electric Institute—the leading advocacy group of the investor-owned utility industry—released a report predicting “significant future disruption to the utility business model,” thanks to growing adoption of distributed generation resources.

More on Your Business

 
Downtime Leads to Lost Revenue
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One of the most power-quality aware industries is the financial market, as it is one of the most dependent on the uninterruptible operation of computer and communications technology equipment for their business to generate “positive money.” It is not surprising that many of the members of the 7x24

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'Mistakes' and the Law
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We all make mistakes. Often, there are no ramifications and the error in judgment can be resolved with an excuse or apology. In contract law, mistakes have a deeper meaning, and the results can be harsh. The law characterizes mistakes and places them into categories.

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The Family Business in Transition
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How does a family business exist? In this world of business conglomerates with clearly defined structures, and multicultural specialty workforces, how can family business survive? In the United States there are 22.4 million businesses and 90 percent are family owned and/or managed.

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Why Not Wireless?
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It’s nonsense that electrical contractors, traditionally a cable-and-wire bound profession, can do without wireless.

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Partnering with Your Distributor
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Electrical contractors traditionally have a lot to say about how their distributors could make their lives easier. Problems range from not getting all the parts in one shipment to delivery delays to emergency service failures—all of which cost time and money.

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Branch Circuits: Required Lighting Outlets, Part VII
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210.70(A)(2) Lighting Outlets Required Lighting outlet and wall switch provisions for dwelling units, guest rooms (hotel, motel and similar occupancies) and certain areas in non-dwelling occupancies are covered in 210.70(A) through (C).

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Reasons to Rent
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When Ernie Audet Jr. wants a new piece of equipment quickly, he rents. Audet wastes time and money when he lacks equipment needed for a job. Rental equipment is a $25 billion industry and almost all contractors—large and small—depend on it. Audet’s firm, E. W.

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