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. 

Last month, I wrote about basic considerations for processing change orders. Now, it’s time to dig into the details. Let’s start from the beginning.
 The contract


Every four years, the American Society of Civil Engineers (ASCE) releases its Infrastructure Report Card, which grades the condition and performance of infrastructure in the United States.

While President Trump campaigned on a promise to boost opportunities for fossil fuels and revitalize the coal industry, market forces might already have limited his opportunities for fulfilling that pledge.

While the Maryland state legislature debates whether or not to extend the EmPOWER Maryland energy efficiency program, the American Council for an Energy Efficient Economy (ACEEE) has released multiple studies encouraging it to continue.                                           

More on Your Business

 
Renovation 2010

There are different types of lighting retrofit projects: fixture replacement, relocation, repair, ballast retrofit, clean and relamp only, and various other fixture-related tasks; some projects may not even involve working with existing lumminaires.


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Liar, Liar?

Last month, we reviewed the lies in financial statements, which are both legal and ethical; this month, we move up to illegal and unethical actions. Electrical contractors must be vigilant to avoid the steps that can lead to lies and avoid being victimized.


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Construction Unemployment Nears 20 Percent

Despite a slow down in the number of construction workers losing jobs in November, 19 percent of the nation’s construction workers are now unemployed, according to the Associated General Contractors of America.


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Lies, Damn Lies and Statistics

When pundits offer statistics in support of their opinions, it is hard to know whether to trust the numbers; economics and finance are difficult enough to navigate without suspecting that someone with an agenda is deliberately misleading you.


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Give Me My Money Back

There is no way around it. The concept of revocation of acceptance is an odd one. If you pay for goods or services that turn out to be less than what you bargained for, your first thought might be to sue for damages for breach of contract.


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The Not-So-Dumb Grid

With all this talk about the coming of the smart grid, it seems like a good idea to review what currently delivers the electrons to your door.


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2010 Construction Outlook: A Slow Climb From Rock Bottom

Leading construction experts and economists agree that the economy is emerging from its deepest and longest financial crisis since the Great Depression. Even with a modest boost from government stimulus dollars, it will be a very slow crawl out of recession and into recovery.


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