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. 

There is no longer any doubt that the construction industry has emerged from the long downturn that began more than seven years ago. That’s good news indeed.
 But, there’s some troubling news, too, depending on whom you ask—and where they’re working (or not).


by
Staff  

Electrical work may be a discipline unto itself, but electrical construction is a multidisciplinary business. Electrical contractors must master business operations, sales and contract negotiations as well as their trade.


Building information modeling (BIM) software and digital collaboration tools saved approximately $10 million out of a $295 million budget on the recently completed Collaborative Life Sciences Building (CLSB) in Portland, Ore.


Spreadsheet software is made for crunching numbers, but database programs are made for crunching data, and they do it better. Consider the following reasons why a database is a good platform for electrical estimating systems.


More on Your Business

 
Keeping Your Corporate Veil Intact
| under

Most electrical contracting businesses are organized as corporations, using the “corporate veil” to protect the personal assets of shareholders from corporate debts or liabilities.

READ MORE
 
Tools of the Trade
| under

Some contractors buy as few tools as they possibly can while others consider tools an investment to enhance their productivity, so they embrace them,” said Jim Eisele, Greenlee Textron product manager. To a large extent, tools are necessary to perform electrical jobs.

READ MORE
 
Ready for Takeoff
| under

In a recent article, we covered the need for having a “pre-flight check” performed before moving existing or installing new information technology (IT) equipment into a newly constructed computer room.

READ MORE
 
Marketing for Integrated Building Systems
| under

Marketing for Integrated Building Systems (IBS) requires two separate discussions: What is marketing exactly? And how do I branch out into IBS? Regarding marketing: “Its purpose is to create a customer,” said Peter Drucker, an American business philosopher and author on marketing.

READ MORE
 
PV: Advances and Latest Opportunities
| under

Advances in Photovoltaic (PV) materials and manufacturing processes are resulting in increased interest in the application of PV technology in buildings.

READ MORE
 
Door 1 (Court) or Door 2 (Arbitration)?
| under

The amount of misleading and incorrect information about arbitration could fill a bookshelf.

READ MORE
 
Combining Forces
| under

When did your company last integrate a fire alarm system with another building-control or security system? Most electrical contractors would find it hard to answer that question.

READ MORE

Pages