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 landscape of electricity generation in the United States evolves, natural gas continues to account for an increasing share of the mix.

If you have kept up with the 2017 Nobel prizes, you know three Americans won the prize in physiology or medicine for their discoveries of molecular mechanisms controlling the circadian rhythm.

Here’s an undeniable truth I’ve learned over the years: When one chapter ends, another is right around the corner. That’s especially true now for me and the National Electrical Contractors Association.


This month, I expand on “Do You Trust the Drawings?” by talking more about establishing the scope of work included in your estimates. Let’s start with verbal instructions.

More on Your Business

 
New York Increases Penalties For Unlicensed Electricians

According to the New York City Council website, on March 21, Mayor Bill de Blasio enacted Introduction 247-A, a bill which amends the New York City administrative code to increase the civil and criminal penalties for performing electrical work without a license.


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Excellence Versus Perfection

I recently read an article regarding excellence versus perfection. It hit the nail square on the head regarding my estimating philosophy, which I developed mostly because of the stark contrast between my first two estimating jobs.



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Melting Down: U.S. Nuclear Industry Facing a Construction Challenge


The U.S. nuclear-power industry just can’t seem to catch a break lately. While the Tennessee Valley Authority’s Watts Bar Unit 2 plant made history last October as the first new U.S.


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Opportunity awaits

Sensor Revolution: IoT and Data Value Are Boosting the Latest Technology


In the United Kingdom, pregnant cows may now be better protected, thanks to sensors. A bright green sensor device strapped to a cow’s tail alerts farmers, through an Internet of Things (IoT) network, that the cow is close to giving birth.


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Is It Done Yet? The Law on Substantial Completion


We get so used to the term “substantial completion” that we may be surprised at what an odd concept it is (meaning “not quite done”) and why it is often litigated.



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The Business of Insurance in 2017


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.



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Productivity Is Never An Accident

Productivity improvement is more than reducing waste. Understanding how routines and environment affect our physical and mental states can help you and your employees get the work done more efficiently and accurately without spending a fortune or revamping your organization.



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