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. 

Few one-trick ponies exist in the digital age. As cell phones have become portable computers, other devices also have taken on multiple functions.

This article is the fifth in a series of six tactics in which the electrical contractor can maximize purchasing power and profitability though procurement. Click here for part five.

Something I’ve thought a lot about since I became president of the National Electrical Contractors Association (NECA) is the value of membership in our association. I want to know more about our members’ perception of the value they want and receive from NECA.

In early 2015, the IBEW/NECA Technical Institute in Alsip, Ill., started building a 250-acre on-site facility, the Renewable Energy Training Field (RETF).

More on Your Business

Of Course I Have a Backup Generator

At a recent National Electrical Code taskforce meeting dealing with mission-critical facilities relative to scenarios proposed by the Department of Homeland Security, the main concern seemed to be “you can’t test critical facilities.

A Promising Prognosis

A number of factors are fueling a nationwide surge in healthcare facility construction and improvements, including updating aging facilities, changing workforce needs and growing consumer demands for specialty services.

Up for Grabs

Two trends are converging for electrical contractors that offer lucrative opportunities—building owners are increasingly investing in intelligent building technology while, on the other hand, they are contracting out for building maintenance once done by company employees.

Where Did the Money Go?

This unfortunate circumstance occurs every day: A company, concerned about mounting claims and litigation against it, decides to get rid of its assets by conveying them to the company owners, shareholders and others.

PV Future

Photovoltaics (PV) have a sunny future in the building industry. After a number of false starts over the past 30 plus years, PV has the potential to become a significant contributor to the U.S. energy supply in the coming decades.

Reassuring Your Surety

Bonding capacity is one of the primary factors limiting your ability to grow and acquire larger projects. What does your surety want from you, and how can you make sure your bonding capacity is there when you need it?

It Begins and Ends with the End-User

When discussing distributors and manufacturers, we have to take a look at the big picture to see how it relates to contractors. This business relationship is important because it affects a contractor’s ability to meet the demands of the end-user in a very competitive marketplace.