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. 

Like so many innovations of the digital age, electric vehicles (EVs) promise to transform the way we do seemingly mundane things, such as driving a car.


Solar-power researchers are always trying to squeeze more power out of their devices. After all, more power from solar cells effectively lowers the overall cost, and a more cost-effective cell will make solar photovoltaics more competitive with other forms of electrical generation.


An uninterruptible power supply (UPS) is typically used to protect electrical equipment where an unexpected power disruption could cause injuries, business disruption or data loss.

The evolution of lighting technology is touching every aspect of society. Smart technology and alternative sources of energy are similarly expanding their reach, leading to a range of innovations even in street lighting.


More on Your Business

 
Before It Strikes Again
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A couple of months ago we dealt with lightning and the fast transients that can be coupled onto the electrical distribution system of the utility or within a facility, and the use of TVSS (transient voltage surge suppressors) to minimize the potential damage from such.

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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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Can I Get a Witness?
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Construction companies often retain the services of consultants/experts to assist in preparing a claim or in presenting a dispute in court or arbitration. The range of services offered is extensive. Almost all bar journals and trade magazines carry advertisements for expert advice and testimony.

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Tool Management Solutions
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Keeping track of company-owned tools has never been an easy task, even for very small firms. And for large organizations, effectively managing tools is a huge undertaking. “I started with our company as a driver,” said Rob Cherry, president of Osborne Electric in Oklahoma City.

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Employment Deficit Could Hit In 2004
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Could the shortage of skilled workers in electrical construction, voice/data/video (VDV) and integrated building systems (IBS) hit sooner than you think? As reported in the June and August issues of ELECTRICAL CONTRACTOR, a shortage seems virtually certain for 2008-2010.

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Stopping the Profit Drain
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No one would put their profits on shelves each year to sit and lose value, but that is what many contractors do by ordering and keeping unnecessary inventory. Overordering of inventory costs electrical contractors thousands of dollars a year in lost profits.

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Searching for Greener Pastures
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It’s certainly no secret that many areas of the country are seeing less viable work to bid, and yet more competition for the jobs that are going ahead.

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