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. 

The world’s longest and widest floating bridge spans a portion of Highway 520 in Washington state, one of the busiest corridors in the Puget Sound region. The bridge stretches 1.4 miles across Lake Washington and measures 116 feet wide at its midpoint.

Rachel Hienz would have never expected the situation that was about to unfold as she entered a bank branch one morning. She was there for a pre-job walk-through with other representatives of companies that would soon begin renovations on the building.


Milwaukee 18V lithium-ion deep-cut band saw

Saws often are needed for electrical work, and the cordless saw models available today are more powerful, smaller, lighter and easier to use compared with older models.


In 1978, President Jimmy Carter issued an amended executive order that, within four years, required tradeswomen to perform at least 6.9 percent of the labor hours on construction projects.

More on Your Business

 
Promises to Keep

Recently, while serving on a panel session at the Power Quality and Reliability conference, a member of the audience chastised me for “not educating us on what this smart grid stuff is really all about.” It seemed like a reasonable challenge, especially given that I am a member of the Institute of


READ MORE
 
Obama Administration Delivers More than $453 Million for Weatherization Programs in 15 States

US Department of Energy (DOE) Secretary Steven Chu announced that the DOE is providing more than $453 million in American Recovery and Reinvestment Act (aka the economic stimulus bill) funding to expand weatherization assistance programs in 15 states.


READ MORE
 
Think About It

There was a sign at my college job: “Engage brain before opening mouth,” which is similar to what my parents would often say: “Think before you speak.” The same basic concept applies before you take a power quality monitor into the field, connect it up and collect gigabytes of data.


READ MORE
 
Service With a Smile

Customer relations play a key part in the business of electrical construction. A wise electrical contractor once said the main purpose of a business is to make a profit, and the main function of a business is to create and maintain satisfied customers.


READ MORE
 
Money in the Bank

Most facilities have a hidden source of cash within their walls. People working in the energy-reduction field know that usually at least a 10 percent savings in energy can be achieved with a payback measured in less than two years, and often right in next month’s utility bill.


READ MORE
 
Rust on the Crown

The phrase, "The king can do no wrong," may sound quaint today. It means a citizen cannot sue the sovereign, even if the king is wrong. This is called sovereign immunity. In American legal parlance, the sovereign is the government.


READ MORE
 
Is the Government Hear to Help?

In the first column of this three-part series, I discussed the relative value of money. Last month, we looked at the effects of changes in value, such as inflation and deflation. Now, let’s look at how the government attempts to manipulate the economy.


READ MORE

Pages

X