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 power generation environment is changing, and so are the systems used to transmit and store that resource. Microgrids are emerging as one of the key components in the new energy landscape.


Last month we talked about why bid listing laws are a good thing. In summary, general contractors use bid shopping to take profit from the subcontractors and keep those profits for themselves. Bid listing laws are a very effective way of stopping post-award bid shopping. 


Starting next month, the presidency of NECA—and this column—will be in the very capable hands of David Hardt, president of Hardt Electric in Chicago.

Construction work often must be done in areas without power and, therefore, without adequate light. Also, it often must be done outside at night.

More on Your Business

 
Larry C. McCrae Inc. played an important role in Revitalizing Philadelphia
| under

As the first new residential high-rise apartment building constructed in Philadelphia for 15 years, the St. James was designed with the latest high-tech systems.

READ MORE
 
Whole-Hog Asset Management
| under

Know when it’s time to sell ‘old bessie’ If you’re a typical electrical contractor, you’ve probably accumulated fixed assets as the business grew. Calculating ROA, or Return On Assets, will make you aware of just how fixed asset-heavy your company has become.

READ MORE
 
Estimating the Cost of an Injury
| under

Hidden dangers lead to hidden costs Contractors don’t normally involve the estimating department in safety concerns except for those that affect the actual work of the estimator such as job site visits and the like.

READ MORE
 
Blinking Light
| under

A different kind of poison Every time I see the lights on a Christmas tree blinking on and off, I am reminded of the old adage, “One person’s medicine is another person’s poison.” Flickering lights in an office, factory or residential home can be more than an annoyance.

READ MORE
 
Layered Hospital Security Has Room to Grow
| under

Hospital security is a multilayered issue with hospitals of varying sizes struggling with how to keep the facility safe from intruders, both human and bacterial, without hindering accessibility. Making hospitals both safe and accessible generally requires technology.

READ MORE
 
PSI Installs State-of-the-Art Systems
| under

In the fall of 2001, Sibley Memorial Hospital in Washington, D.C., decided to expand its Radiation Oncology Department in its Hayes Hall facility.

READ MORE
 
Surge Protection: Fact or Fiction?
| under

What do these statements have in common? • Lightning doesn’t strike the same place twice. • Electrical utilities correct a fault by sending a power surge to clear a short in a service line, transformer or other load grid short circuit.

READ MORE

Pages