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. 

We had to buy a new car recently. My wife’s car was 16 years old, and keeping it running was costing us almost as much as an entire car payment. It was definitely time to say goodbye, which created another problem—shopping for a new car. 


“NECA is the voice of the $130 billion electrical construction industry that brings power, light, and communication technology to buildings and communities across the U.S.”


This single-story test bed rotates 270 degrees from southeast to northeast to help in building orientation design and features.

I magine a laboratory where you could envision, develop and confirm your building design before or during construction. Investigate building system performance by staging an office facsimile. Make final specifications on sustainability measures prior to occupancy.

As society undergoes profound changes in its relationship with electrical power, so does the need to train the professionals who install the technology that delivers and harnesses it.


More on Your Business

 
Reverse Auction Nightmare
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Reverse auctions and construction shouldn’t mix. Almost everyone involved in the business agrees—with the exception of some large clients.

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Downtime Leads to Lost Revenue
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One of the most power-quality aware industries is the financial market, as it is one of the most dependent on the uninterruptible operation of computer and communications technology equipment for their business to generate “positive money.” It is not surprising that many of the members of the 7x24

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'Mistakes' and the Law
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We all make mistakes. Often, there are no ramifications and the error in judgment can be resolved with an excuse or apology. In contract law, mistakes have a deeper meaning, and the results can be harsh. The law characterizes mistakes and places them into categories.

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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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The Art of Negotiation; the Art of War
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A few years ago, I was asked to present a seminar on delay/disruption damages. In my presentation, I made reference to “The Art of War” by Sun-Tzu, an ancient recipe book on winning at battle.

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Integrated Building Systems and You
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Advancing technology is allowing the integration of power, communications and control systems to improve building performance.

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Continuing the Search for Greener Pastures
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As was pointed out in last month’s column, when an electrical contractor expands to a new area of work such as school construction, a new set of parameters enters the estimating picture. Perusal of the specifications becomes a lesson in caution.

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