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. 

Hundreds of jobs have been “mothballed” or put on an extended hold status. It occurs with home-renovation projects, power plants, marinas, dentists’ offices and automobile manufacturing plants, to name a few. Every case is unique, yet almost all instances eventually boil down to money issues.

Understanding and accepting 
change is important in any walk of life, but especially so in electrical construction. I’ve seen how innovations in technology have affected the men and women in my business, and it’s exciting to be a part of it.

Tools, such as Milwaukee’s M18 FUEL hex impact driver kit, are available to rent.

These days, almost anything can be rented, and the rental industry has done a good job making consumers and business owners aware of the benefits of renting versus owning.

In September, the Occupational Safety and Health Administration (OSHA) awarded $10.5 million in safety and health training grants to 77 nonprofit organizations, according to a press release from the U.S. Department of Labor (DOL).

More on Your Business

 
What Insurance Are You Buying?

Many subcontractors do not know exactly what they are purchasing when they procure insurance. It is critical for contractors to understand what their insurance covers. This knowledge is pivotal to evaluating the ultimate risks and liabilities to your business as well.


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A Little Learning ...

I interpret The adage “A little knowledge is a dangerous thing”to mean just a small amount of knowledge can lead people to do things they aren’t really qualified to do.


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Completing the Incomplete Thought

I can hear youRfrustrated cries of “Part 2? When did he write Part 1?” Well, you need to keep up. It appeared in the June 2006 issue, and it was called “Estimating Blind.” If you don’t have that issue, visit www.ECmag.com, and enter the headline in the keyword search box. OK?


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The Gray Market

To succeed in a competitive marketplace, electrical contractors must build lasting partnerships with their customers by supplying quality, dependable electrical products that they can stand behind.


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There's No 'Me' in a Design/Build Project

With the drive to formulate design/build teams, many electrical contractors now consider this building strategy to be a specialty that


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NECA Show: Progressively Better Every Year

News about the events and learning opportunities planned for NECA 2007 San Francisco are featured in both the Industry Watch and NECA Notes sections of the magazine this month. This double exposure indicates that excitement is heating up.


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PSE&G to Install More Energy-Efficient Equipment

Public Service Electric and Gas Company (PSE&G) of New Jersey announced plans to invest in more efficient electric delivery equipment, a move expected to reduce energy use and cut carbon emissions by 60,000 tons by the year 2020.


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