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. 

Evaluating the cost-
effectiveness of renewable power has always been a fairly simple calculation. As manufacturers lowered their production costs and improved the generating efficiency of their technology, renewables became more cost competitive with conventional sources of power.


We appreciate all of the positive response to the new format for our column in which we interview industry leaders about key issues that may alter the future of electrical construction.

Mobile lighting systems powered by hydrogen fuel cells are cleaner and quieter and now have a proven track-record in applications like nighttime construction, sports and entertainment events, and airport operations, making them ready for commercialization and broader use.


Retirement planning is complicated, with many risks and legal pitfalls. It is worth investing time and money with a financial adviser who specializes in retirement. A little preparation will help you get ready for your first meeting and result in a plan that fits your expectations and goals.


More on Your Business

 
Insurance and the Estimate
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A costly item you cannot avoid In a past column, I pointed out the standard procedures and precautions regarding insurance expenses that will affect a final bid price.

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The Law of Unconscionability
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Defining the gray areas At its heart, unconscionability is equivalent to unscrupulous conduct, but this area of the law is generally uncharted waters. Can we come up with a helpful definition? In one case, a contractor garnered huge profits on a government job.

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Blinking Light
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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.

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Layered Hospital Security Has Room to Grow
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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.

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Article 220-Branch Circuit, Feeder and Service Calculations
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Cooking Equipment Calculations, Part III 220.19 Electric Ranges and Other Cooking Appliances Article 220 of the National Electrical Code contains specifications for calculating branch-circuit, feeder and service loads.

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Are We There Yet?
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What’s the status of women in electrical contracting?

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The Maximum Security Market
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The corrections industry offers plenty of work for contractors As the population of prison inmates continues to grow, there is a corresponding challenge to design correctional facilities that can be built both quickly and on budget.

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