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. 

On Jan. 12, 2015, passengers on a Washington Metropolitan Transit Authority (WMATA) Metrorail train were trapped for some 40 minutes in the tunnels between two downtown D.C. stations, while smoke filled the air, according to the Washington Post.

The Consumer Electronics Show (CES) is not typically an event that draws electrical contractor interest, but this year’s show raised some eyebrows in the low-voltage market. An influx of products demonstrated that ECs could be pulled further into the high-end consumer market.


While preparing estimates, the methods and rules that estimators follow depend on several factors, including training, experience, the type of project and company culture. In some instances, estimating practices may not mesh well with project management requirements.

I’ve only been NECA’s president since Jan. 1, and I’m already up to my neck in my new role as the association’s chief elected officer.

More on Your Business

 
Larry C. McCrae Inc. played an important role in Revitalizing Philadelphia
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As the first new residential high-rise apartment building constructed in Philadelphia for 15 years, the St. James was designed with the latest high-tech systems.

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Whole-Hog Asset Management
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Know when it’s time to sell ‘old bessie’ If you’re a typical electrical contractor, you’ve probably accumulated fixed assets as the business grew. Calculating ROA, or Return On Assets, will make you aware of just how fixed asset-heavy your company has become.

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Estimating the Cost of an Injury
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Hidden dangers lead to hidden costs Contractors don’t normally involve the estimating department in safety concerns except for those that affect the actual work of the estimator such as job site visits and the like.

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The Limits of FERCAiis Authority
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New utility business regulations could affect you Is electric transmission a natural monopoly or not? Does the Federal Energy Regulatory Commission (FERC) have authority over states and utilities to order restructuring and regulation of transmission systems?

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Oregon Electric learns The Value of Surge Protection
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As a four-alarm fire raged through an old, vacant produce warehouse on Jan. 20, 2002, plumes of heavy black smoke filled the air in southeast Portland, Ore. Under spitting rain, 150 firefighters battled the blaze as it tossed large chunks of fiery debris onto streets as far as two blocks away.

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Standardizing the Standards
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A different kind of harmony The Stevie Wonder/Paul McCartney classic “Ebony and Ivory” asked why we can’t live together in harmony.

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Open Spectrum Technology
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A quiet conversation in a noisy room The explosion of wireless applications in recent years has resulted in concern that the radio frequency (RF) spectrum is not broad enough to support future demands.

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