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. 

Flir C2 pocket-size thermal camera

Most tradespeople love gadgets. This is a report about interesting tools and devices not necessarily categorized for electrical work, but which electricians may find useful. 


The opioid epidemic is one of the biggest health crises facing the United States, and it has shown no sign of slowing down.

Last week, Dodge Data & Analytics released its "2018 Dodge Construction Outlook" report, predicting total U.S. construction starts will climb 3 percent in 2018 to $765 billion.

The challenge of bridging the gap to new generations, such as millennials, isn't a new conversation.

More on Your Business

 
One Swallow Does Not a Spring Make

Once two parties have negotiated and signed a contract, that document’s terms and specifications are supposed to be unalterable, except by further mutual agreement.


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Resilience

By now, most New Year’s resolutions have been forgotten, but the ability to “re-solve” and respond to changing conditions is imperative for your business in these uncertain times. For the remainder of 2011, these columns will form a 10-part series using the acronym RESOLUTION.


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Tell It Like It Is, Even If It's Bad

Last month, I promised to resume commenting on the more serious aspects of electrical contracting. One of those nuggets from my list of suggestions for improving one’s life, slightly modified, serves as a good lead-in: “Your goals and your ‘comfort zone’ should always be in conflict.”


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North American EBCI Firmly in Expansionary Territory in January

The Electroindustry Business Confidence Index (EBCI) for current North American conditions, conducted by the National Electrical Manufacturer’s Association (NEMA), continued to point to a broadly improving environment in January.


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Bandwidth-Intensive Applications Fueling Worldwide Broadband Growth

As use of the Internet grows more sophisticated and complex, so does the need for greater capacity and faster downloads. It is only fitting, then, that users are signing up for broadband at a rate that can be described as nothing short of high-speed.


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Construction Unemployment Rate Continues to Rise Amid Bleak Outlooks

The construction unemployment rate jumped to 22.5 percent in January 2011 as the sector lost another 32,000 jobs since December 2010, according to an analysis of new federal employment data released by the Associated General Contractors (AGC) of America.


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Straightening the Learning Curve

With this last article on paperless estimating, I want to touch on a few of the greater benefits and potential issues you may face. I’m hoping some of you have already purchased and are now using “in-screen” takeoff (IST) software, after reading parts one and two of this series.


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