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 again, I was inspired to write after reading a post in a LinkedIn construction group. The article, “If I Own a Drill, Does That Make Me a Dentist?” laments the belief that simply buying a tool makes one a skilled craftsperson.

From left: Greg Cummins, Ed Schuler and Kevin Rickett

Smarter materials management is especially beneficial in electrical service work. Service electricians are constantly confronted with the challenge of obtaining materials while striving to minimize the amount of lost time, back-and-forth travel and rush charges that inevitably follow.


Klein voltage tester with flashlight

One of the most basic tools every electrician carries is the noncontact voltage tester. Essential complementary tools include circuit breaker finders and tone probes for tracing wires. Scanning devices are able to see through walls and floors to identify wires, conduits and other objects.





A recent World Wildlife Fund survey found that almost half of Fortune 500 companies have at least one climate or clean-energy goal. It’s good business to be eco-friendly, and the construction industry has made great strides in going green without sacrificing profits.

More on Your Business

 
Avoiding the Bankruptcy Blues

Getting paid is a business survival issue for electrical contractors. Your customer’s bankruptcy impacts your ability to get paid. It also can result in a court undoing prior transactions if the court views them as preferences.


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Nobel Prize in Physics Split

This year’s Nobel Prize in Physics was awarded for two scientific achievements that have helped to shape the foundations of today’s networked societies. They have created many practical innovations for everyday life and provided new tools for scientific exploration. In 1966, Charles K.


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New Financial Incentive Program Could Break up the Clouds Over Solar Power

One of the greatest obstacles preventing widespread use of solar power on the rooftops of homes and businesses is the prohibitive cost of installing the systems.


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Gaining Perspective

Waiting for the economy to rebound can be highly stressful for an electrical contractor, and one way to reduce that stress is to step back and gain perspective on your financial situation.


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We Don't Want You Anymore

It seems basic that when two parties enter into a construction contract, they are both bound to perform as agreed. Neither side has the right to walk away from the commitment unless there are exceptional circumstances, none of them good.


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Smart Tools for the Smart Grid

Information is becoming an increasingly important commodity for electric utilities. Greater knowledge of transmission and distribution line conditions and customer-use patterns will advance the grid.


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Data Breakdown

Recently, I needed to dig up a paper I wrote more than a decade ago for a conference in the United Kingdom. Part of the paper was devoted to expert systems that were beginning to gain momentum as a possible way to solve power quality problems, rather than just provide more data or information.


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