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. 

Renewable generation and energy-storage technology have evolved at a similar pace in recent years. Their mutually beneficial relationship is no mystery.

The National Electrical Manufacturers Association’s (NEMA) current and future confidence indexes both inched backward in May, signifying a potential return to the status quo, though currently both indexes remain in the “expansionary range.”

I scheduled the whole day to finish the restaurant takeoff. I even came in a bit early. Of course, just as I start counting, the phone rings. It’s my foreman on the strip mall project. The utility company has not shown up to turn on the power. I jump on the phone to track down the company.

After nearly a decade of inching upwards, the national median home value finally surpassed pre-recession levels. According to Zillow Research, in March, the Zillow Home Value Index (ZHVI) hit $197,100, passing the pre-recession peak of $196,600 from April 2007.

More on Your Business

 
What's Fibonacci Got to Do With It?

There is no question that we are in a severe bear market. From a record high of more than 14,164.53 on Oct. 9, 2007, the Dow Jones Industrial Average (DJIA) fell to 8,777.67 on Dec. 31, 2008.


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Defining the Customer

The supervisor typically is the desinated point of contact between the company and outside entities, such as the general contractor, the designer, the owner, other contractors on the site or the contractor’s subcontractors and suppliers.


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Dominion Green Lights Green Power to Customers

Dominion Virginia Power, a subsidiary of Dominion, has received approval from the Virginia State Corporation Commission to offer its customers two new options to purchase renewable energy.


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Enjoy the Ride

As the new presidential administration implements its economic recovery program, no one knows how your electrical contracting business will be affected. It’s like waiting in line at the amusement park, with one big exception. At the park, you choose the rides you enjoy the most.


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Learning to Delegate

In last month's column, we explored the sentiment common to supervisors and managers of the construction process that it seems there is not enough time to get everything done. In that article, the first tool is planning. The second tool a supervisor can use to achieve goals is delegation.


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How Does It Affect My Equipment

The usual focus in this column is what those squiggly waveforms are called and what causes them. Sometimes the focus is even what gets rid of them.


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The Mold Threat

Mold litigation has occasionally been described as the next asbestos by some impressed by the potential widespread claims and potential personal injury-related damages. Other commentators have pointed to hurdles faced by plaintiffs in getting medical testimony in front of juries.


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