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. 

Every month, we pick the top Ideas That Work submitted by you, ELECTRICAL CONTRACTOR readers.

In the age of sustainability, every conceivable energy source gets equal consideration. Just as wind and solar power have had their growing pains, other viable sources will, too.

In December, I spoke at the International Drone Expo in Los Angeles. The Expo lived up to its name as to being “International” in scope.

The Sisters in Solidarity (SIS) group of IBEW Local No. 292, Minneapolis, was formed in 2013. SIS is a mentoring and support group for women electricians that focuses on developing leadership in its community and union.

More on Your Business

 
Across the Ages

The industry is changing, which means changes for supervisors. More specifically, the labor resource for the electrical industry is undergoing significant change. Shortages in labor have been persistent for many years, but the shortage is now becoming acute, especially in some areas.


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The ABCs of PoE

According to Daniel Feldman, Technical Chair of the Ethernet Alliance’s PoE subcommittee, the base definition of power over Ethernet (PoE) is, “a technology that allows for the powering of devices through Ethernet cables.” At this time, IEEE 802.3AF is the de facto standard.


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Intellectual Superpower

It's not news that our national electrical system is in a squeeze; existing transmission lines are reaching carrying capacity just as a new generation of electronics is driving electricity demand higher.


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3-2-1, Blast Off

Last month, we explored the first three steps of FRICTO, a framework for analyzing asset-financing alternatives. As a reminder, FRICTO is difficult to apply to privately held electrical contracting firms in its entirety, since it relies on market-driven stock price for some calculations.


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President Bush Signs Landmark Housing Bill into Law

President Bush signed the Housing and Economic Recovery Act of 2008 into law, helping homebuyers and strapped borrowers and strengthening the housing finance system, according to the National Association of Home Builders (NAHB).


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Curing the Blues

Estimating got you down? Giving you the blues? Trust me, I know how you feel. But don’t get too depressed. There’s a cure just up ahead at the crossroads. Perhaps you can make a deal with someone who is waiting there. Though I don’t recommend selling your soul for estimating.


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Coming to a Web Site Near You

Having just come back from two weeks of working with different standards-making organizations, the NFPA and the Institute of Electrical and Electronics Engineers (IEEE), it seemed appropriate to share the good news with those who aren’t able to participate.


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