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. 

The North Carolina Clean Energy Technology Center (CETC), a think tank based at North Carolina State University, releases a quarterly report, “50 States of Solar,” which tracks solar policymaking at the state level around the United States.

For tech enthusiasts and early-adopters, the 2017 NECA Convention and Trade Show is an excellent opportunity to keep abreast of industry innovations. Nonmembers can attend the NECA Show, too.

Once again, I was inspired to write after reading a post in a LinkedIn construction group. The article, “If I Own a Drill, Does That Make Me a Dentist?” laments the belief that simply buying a tool makes one a skilled craftsperson.

From left: Greg Cummins, Ed Schuler and Kevin Rickett

Smarter materials management is especially beneficial in electrical service work. Service electricians are constantly confronted with the challenge of obtaining materials while striving to minimize the amount of lost time, back-and-forth travel and rush charges that inevitably follow.


More on Your Business

 
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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An Everyday Event

Though May is officially National Electrical Safety Month, the statistics for electrocution of electricians indicate that we should make it an everyday event. People have been “playing” with electricity since the 6th century B.C.


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Breaking up Is Hard to Do

You probably spend 80 percent of your resources serving 20 percent of your customers. Sometimes, breaking up with your most difficult clients is the best way to improve employee morale and your bottom line.


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Generating Plant Woes

We've all been feeling the pain of inflation these days, with the cost of energy boosting everything from airfares to groceries. But if you think you’ve got it bad, take a moment to ponder the case of today’s electric utilities.


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Watt Are You Paying For?

The phrase "the good old days" describes a time (real or imagined) that a person thinks was better or simpler. The good old days were when the electric bill was proportional to how many times the black line on the thin metal disk inside the glass of the electric meter rotated.


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Pricing to Compete

Oil prices are affecting everything, from transportation costs to commodities, and you may be tempted to alter your pricing to increase your backlog as a cushion against future uncertainty. Maintaining your sales revenue is like a game of basketball: most games are won by just a few points.


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Across the Ages

The industry is changing, which means changes for supervisors. More specifically, the labor resource for the electrical industry is undergoing significant change. Shortages in labor have been persistent for many years, but the shortage is now becoming acute, especially in some areas.


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