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. 

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

Most of the national headlines these days revolve around controversial, polarizing pieces of legislation. However, in the world of energy, a significant, bipartisan bill has just been introduced in the U.S. Senate that aims to bolster the country’s energy infrastructure.

Rider Levett Bucknall (RLB)—an independent company which provides project management, construction cost consulting, and property and construction advising—recently released its second quarter North American construction cost report, and overall it seems the construction industry should look forward

The National Electrical Contractors Association (NECA) is proud to be considered the trusted voice of the electrical construction industry that brings power, light and communication technology to buildings and communities across the United States.

More on Your Business

 
Demand-Side Management

Here's a scenario you may find familiar: Oil and gas prices rise as concerns about supplies worsen. Electricity rates begin a climb that seems unlikely to reverse itself.


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Watch the Pennies

The holidays are over, and you are facing a new calendar and a tough economy. When money is tight and the market is down, it’s time to look for waste. When you start a business, you are conscious of every purchase and monitor cash flow.


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Time Flies

Where does all my time go? I’m working as hard as I can, and I still cannot keep up. There simply isn’t enough time for everything.


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Arrogance, Ignorance, Greed - Oh, My!

Even with a new administration coming to Washington, D.C., next month, electrical contractors will struggle to accept the recent bailout and its effect on the economy. What can we learn from the factors that created the debacle? Arrogance


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The Supervisor's Environment

Last month, we began a discussion of project delivery systems (PDS) with the objective of learning how the nature of the PDS affects the responsibilities of the electrical supervisor.


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Watch What You Sign

My law firm recently defended a title company and its settlement agent in a case involving allegations of predatory lending. It emphasized a few important points. First, written contracts matter. Second, they matter perhaps far more than individuals understand.


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Estimating Electrical Rooms

When trying to determine where they might lose labor on a project, why would an electrical estimator focus on the switchgear and electrical rooms? Can there really be much to worry about? These rooms pale in comparison to the rest of the project, right?


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