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. 

by
Staff  

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

The Fiber to the Home (FTTH) Council Americas has released the results of a survey it commissioned to be conducted by RVA LLC, which shows that fiber deployments in the United States grew 13 percent in 2015.


As we near the year 2020, which is supposed to be the pivotal year where many applications of the Internet of Things (IoT) appear as well as the impact of next-generation 5G networks, the need to be able to sell new complex solutions is critical.

In a unanimous decision, the U.S. Supreme Court ruled 8–0 that a controversial Maryland program designed to incentivize new in-state power generation should be thrown out because it intrudes on federal authorities’ jurisdiction over wholesale energy markets.


More on Your Business

 
Hiding Behind the Wall

Out of sight doesn’t mean out of mind: Probably few industrial/commercial segments are as power-quality conscious as the financial, banking, credit and insurance companies.


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Wait a Minute, Mr. Postman

Improve written communication by following the rules Have you ever written a letter like this? “Dear Owner/Contractor: We have been in business for 20 years and never encountered the problems we have with this job.


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Reducing the Cost of Material Distribution

Part I: The Paradox   As the economic landscape of the electrical industry shifts from industrial to commercial/residential, the contractors demand more effective services from their supplier/distributors. Every day owners and operators of electrical distributors must face the question: Who are we?


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Build Revenue and Customer Loyalty

  Service and maintenance are an important value-added opportunity for the electrical contractor.


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Catching Some Zs

Don’t fall asleep at the wheel of your business No matter how well you plan and manage your company, you cannot guarantee that you won’t be one of the 40,000 companies filing bankruptcy in a given year. Not all factors resulting in business failure are under your control.


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