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 nation’s energy sector is racing through a period of major transformation, and utilities are jumping on for the ride. According to a recent study, the U.S. electric power industry is investing billions of dollars in smarter energy infrastructure.

Have you noticed the lack of good product seminars from companies making electrical products for buildings and data centers? Companies need to go out to update electrical contractors, project managers and system designers on their products and new systems.

Many estimators start out as electricians, and a significant portion of those are most experienced in residential work. The purpose of this article is to help move these estimators along the path to commercial and industrial electrical estimating.

When I ran the family contracting business, we still employed some of the old guard from my father’s term as owner. It was clear that they considered their training complete when they received their journeyman credentials.

More on Your Business

 
Efficiency and Productivity

Managing a profitable electrical contracting business demands a high level of efficiency and productivity. You push your office staff members and field employees to use their time wisely, but how well are you using financial information to gauge the results?


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A Penny Saved is a Penny Earned

In 1989, the Occupational Safety and Health Administration (OSHA) issued voluntary guidelines for safety and health program management. The guidelines were based on the elements common to all programs used by successful participants of OSHA’s Voluntary Protection Program.


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Setting the Bar

During the debates surrounding the energy bill President Bush eventually signed last fall, Democrats argued long and hard for a national, mandated target for renewable energy production, called a renewable portfolio standard (RPS).


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Calculating Manpower

As part of calculating your final sell price, you need to determine how many electricians it will take to build the job. The answer could determine whether you need to factor in additional labor costs, such as overtime labor, supervision costs and more labor hours.


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Set Your Phasors

Though it wasn't the result of watching any “Star Trek” reruns, the concept of phasors (or phasers to Trekkies) has been raised in a couple of recent discussions.


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In Praise of the Bar Chart

Einstein's fame rests, in part, on his discovery that time is a variable dimension. Contractors have always known this fact.


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Defending Against the Big Bang

Though not the most common power quality disturbance in most locations, the transient, or rather, the source of the transient, can be one of the loudest.


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