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. 

The world’s longest and widest floating bridge spans a portion of Highway 520 in Washington state, one of the busiest corridors in the Puget Sound region. The bridge stretches 1.4 miles across Lake Washington and measures 116 feet wide at its midpoint.

Rachel Hienz would have never expected the situation that was about to unfold as she entered a bank branch one morning. She was there for a pre-job walk-through with other representatives of companies that would soon begin renovations on the building.


Milwaukee 18V lithium-ion deep-cut band saw

Saws often are needed for electrical work, and the cordless saw models available today are more powerful, smaller, lighter and easier to use compared with older models.


In 1978, President Jimmy Carter issued an amended executive order that, within four years, required tradeswomen to perform at least 6.9 percent of the labor hours on construction projects.

More on Your Business

 
If They Can Do It ...

With oil prices topping $100 per barrel, energy conservation is again garnering significant attention. Though oil and its byproducts are not a direct source of electrical energy, they have an impact on costs.


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Trend Analysis

Ratios are useful as both snapshots and video clips. For example, the cash on your balance sheet is a snapshot of your bank balances at one point in time. By the time you generate your financial statements, the cash balance has shifted.


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Utility Works on Energy Management Abilities

Progress Energy Carolinas filed two programs with the North Carolina Utilities Commission: one for residential load control and another to allow the electric distribution grid in the Carolinas to be used to reduce peak demand.


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Damage Control

Eliminating unsafe conditions and behaviors will go a long way toward eliminating incidents and accidents on the job site. The construction site is a dangerous place.


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Efficiency and Productivity

Managing a profitable electrical contracting business demands a high level of efficiency and productivity. You push your office staff members and field employees to use their time wisely, but how well are you using financial information to gauge the results?


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A Penny Saved is a Penny Earned

In 1989, the Occupational Safety and Health Administration (OSHA) issued voluntary guidelines for safety and health program management. The guidelines were based on the elements common to all programs used by successful participants of OSHA’s Voluntary Protection Program.


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Setting the Bar

During the debates surrounding the energy bill President Bush eventually signed last fall, Democrats argued long and hard for a national, mandated target for renewable energy production, called a renewable portfolio standard (RPS).


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