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. 

Once a crumbling urban area devoid of the manufacturing that had kept it alive for decades, Buffalo, N.Y., has staged a remarkable comeback over the last 10 years.

What do you get when you put a general contractor, a half-dozen subcontractors and an owner on a construction site without anyone talking to each other? Delays and preventable expenses. We’re not laughing either, because it isn’t a joke.

Renewable power still requires government support to challenge fossil fuels. Policies can help lower prices, increase supply and generate more demand.

According to an employment report, released by the U.S. Department of Labor’s Bureau of Labor Statistics on August 4, the construction industry added 6,000 new positions (seasonally adjusted) in July.

More on Your Business

 
Electric Vehicles Driving New Business for Contractors

It looks like electric vehicles may start arriving next year in sufficient numbers to create meaningful new business for electrical contractors. The EV Project, the largest deployment of electric vehicles and charging infrastructure in U.S. history, is spearheading it.


READ MORE
 
Construction Unemployment Nears 20 Percent

Despite a slow down in the number of construction workers losing jobs in November, 19 percent of the nation’s construction workers are now unemployed, according to the Associated General Contractors of America.


READ MORE
 
Lies, Damn Lies and Statistics

When pundits offer statistics in support of their opinions, it is hard to know whether to trust the numbers; economics and finance are difficult enough to navigate without suspecting that someone with an agenda is deliberately misleading you.


READ MORE
 
Give Me My Money Back

There is no way around it. The concept of revocation of acceptance is an odd one. If you pay for goods or services that turn out to be less than what you bargained for, your first thought might be to sue for damages for breach of contract.


READ MORE
 
Securing the Promise

In the September issue, I discussed some of the claims that various organizations working on the smart grid have made in the two years since the Energy Independence and Security Act of 2007 passed. The act contained Title XIII, which has 10 characterizations of a smart grid.


READ MORE
 
Return on Giving

The year-end holiday season prompts decisions about giving to charitable organizations, customers and employees. It may seem cold-hearted to evaluate gifts in terms of the potential return on your investment, but it is simply a bad business practice to distribute wealth out of habit.


READ MORE
 
ComEd Launches First Wave of Smart Meter Installations

Commonwealth Edison Co. (ComEd) began the first wave of 131,000 smart meter installations for its advanced metering infrastructure (AMI) pilot in the Chicago area.


READ MORE

Pages

X