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. 

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.

The U.S. Department of Energy (DOE) is investing $7.5 million to improve the reliability and resiliency of the electric grid, according to a June press release.

Every month, we pick the top Ideas That Work submitted by you, ELECTRICAL CONTRACTOR readers.

Expansions, updates and renovations are a necessity of modern life as buildings quickly become outdated. College buildings are no exception; students can be demanding customers.

More on Your Business

 
Is the Government Hear to Help?

In the first column of this three-part series, I discussed the relative value of money. Last month, we looked at the effects of changes in value, such as inflation and deflation. Now, let’s look at how the government attempts to manipulate the economy.


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McCormick Systems Donates $100,000 to ELECTRI International

McCormick Systems, Chandler, Arizona, recently presented a check for $100,000 to ELECTRI International—The Foundation for Electrical Construction. “We have been involved with ELECTRI International for many years.


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When to Bid the Job

The competitive bid market always has been a brutal arena, even during the best of times. Winning a contract takes more than having a tight estimate or the best lighting fixture quote. Even having the lowest price won’t ensure you get listed by the general contractors.


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Energizer Bunnies

Recently, I was on a panel at a conference on power quality and reliability-related issues. Somewhat amazing was the amount of discussion on that buzzword that keeps going and going: smart grid.


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The 'flations

Last month, we defined money and its relative value in the marketplace. This month, we’ll analyze who benefits when the value of money changes. Keep in mind that the laws of physics also apply to the value of money: what goes up must come down. Inflation


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Smart Grid Pilot Raises Power IQ for Users in Massachusetts

Not least among the many factors feeding the recent buzz about a new national energy order is the dawning of a technology that allows communication between appliances and the systems that deliver power to them.


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The Communications Link

Communication on a construction site is critical, time-consuming and pervasive. It is critical because research has indicated two-thirds of all errors at the job site either directly or indirectly are due to communication-caused problems and difficulties.


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