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. 

Evaluating the cost-
effectiveness of renewable power has always been a fairly simple calculation. As manufacturers lowered their production costs and improved the generating efficiency of their technology, renewables became more cost competitive with conventional sources of power.


We appreciate all of the positive response to the new format for our column in which we interview industry leaders about key issues that may alter the future of electrical construction.

Mobile lighting systems powered by hydrogen fuel cells are cleaner and quieter and now have a proven track-record in applications like nighttime construction, sports and entertainment events, and airport operations, making them ready for commercialization and broader use.


Retirement planning is complicated, with many risks and legal pitfalls. It is worth investing time and money with a financial adviser who specializes in retirement. A little preparation will help you get ready for your first meeting and result in a plan that fits your expectations and goals.


More on Your Business

 
Fire Alarm Follow-Through
| under

Because a fire alarm system installation falls in Division 16 of the project specifications for new buildings, the electrical contractor normally will purchase the equipment and install the system.

READ MORE
 
Developing a Marketing Strategy
| under

There has always been confusion regarding the differences between marketing and sales. The confusion is initiated when contractors discover that the most important task of marketing is not selling.

READ MORE
 
Supplemental or Supplementary?
| under

Supplemental and supplementary grounding electrodes are very similar in name but vastly different in their permitted uses. Understanding the differences in these two electrodes can be critical in providing a safe, Code-compliant installation.

READ MORE
 
CAD: Cutting Out the Clicks
| under

Growing numbers of electrical contractors are trying out new technology to increase their efficiency—some products with more success than others. But the CAD (computer-aided design) system has become a staple that contractors cannot ignore.

READ MORE
 
One-Stop Shopping
| under

Design/build has been with us for thousands of years––probably since the 15th-century Incas built their great empires in Peru. As meticulous workers who knew how to build structures that would last an eternity, they worked as a unified team to deliver impenetrable fortresses.

READ MORE
 
Hospitality Vegas-style
| under

Situated on the south side of the Las Vegas Strip, Mandalay Bay Resort boasts a variety of facilities and amenities, including a casino, 3,400-room hotel tower, spa, golf course, theater, 12,000-seat arena and an aquarium. It’s a healthy mix of hospitality and gaming all its own.

READ MORE
 
Playing Roulette
| under

Getting some people to pay attention to power quality issues is often like trying to sell them insurance; they wonder, “Why bother?

READ MORE

Pages