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. 

Few one-trick ponies exist in the digital age. As cell phones have become portable computers, other devices also have taken on multiple functions.

This article is the fifth in a series of six tactics in which the electrical contractor can maximize purchasing power and profitability though procurement. Click here for part five.

Something I’ve thought a lot about since I became president of the National Electrical Contractors Association (NECA) is the value of membership in our association. I want to know more about our members’ perception of the value they want and receive from NECA.

In early 2015, the IBEW/NECA Technical Institute in Alsip, Ill., started building a 250-acre on-site facility, the Renewable Energy Training Field (RETF).

More on Your Business

Estimating Under Pressure

In today's fast-paced and highly competitive industry, estimators are often asked to achieve the impossible: estimate numerous projects, both large and small, and in a very short amount of time. The pressure placed on an estimating team can be intense, to say the least.

Powering the Next Generation

An energy transition with the potential to revolutionize the country's infrastructure is gaining momentum. It is not brokered through expanded power grids or traditional fossil-based economics-it is powered through fuel cells. Fuel cell development is on the upswing.

Getting from There to Here

You have seen them: tall, gangling, steel structures-known as high-tension lines-that transport hundreds of kilovolts. These rights-of-way are used to safely move transmission-level bulk power from the generators to the distribution substations.

Illuminating a New Field: Electrical Contractors as Lighting Designers

Ask a handful of electrical contractors how they feel about becoming active in the lighting design field and you are sure to receive a plethora of conflicting responses.

Stay out of My Business!

The concept of a covenant not to compete is deceptively simple. During the course of employment, and for some time thereafter, the employee is not to compete with the employer's business within a defined geographic area.

Rewiring the Industry

The electrical contracting industry's focus is shifting and expanding rapidly. Design-build jobs are making up a greater portion of industry projects and more electrical contractors are working in the installation of information transport systems (ITS).

If It Sounds Too Good to Be True...

Centuries ago, investment decisions were easy. You earned money at your trade, kept your gold coins in a pouch attached to your clothing and knew exactly how much wealth you had. You worried more about survival than the economics of gold values and if you were robbed, you knew immediately.