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. 

Student veterans returning from the recent conflicts in Afghanistan and Iraq with emotional or physical disabilities now have a haven at the Chez Family Center for Wounded Veterans in Higher Education.

Greenlee’s portable work bench

Owners and managers of electrical contracting companies are always alert to tools and equipment that will enhance workforce productivity. Portable work stations provide a convenient, easy-to-move work surface and storage solution.

By most accounts, the housing market in the United States is on the mend. Prices and sales have rebounded from the “Great Recession” that started in 2008. Ordinarily, this would be considered an upward trend, one that sends all kinds of positive reverberations throughout the economy.

On Monday, nominations opened for the 2017 Klein Tools Electrician of the Year Award, an annual contest to find the best electricians in the United States. Electricians may nominate either themselves or another electrician they feel is deserving of the honor.

More on Your Business

 
Clean Coal Project Restructured

In late January, 2008, Energy -Secretary Samuel W. Bodman announced that the federal government would restructure a $1.8 billion power plant in Mattoon, Ill., because of cost concerns and questions about the project’s relevance.


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Inside the Walls

In the first two parts of this series, we looked at external communication and meetings. In this final article, we’ll focus on reducing the cost of internal communication.


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Transmission Line Expansions Power into Kansas

Clearing two important regulatory hurdles, the Topeka, Kan.-based ITC Great Plains, a subsidiary of ITC Holdings Corp., announced its plans to invest in transmission infrastructure improvements in the state of Kansas. As a result, these plans are now one step closer to reality.


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Safety: A Top Priority

Safety is fundamentally important to all involved in a construction project, and the supervisor is at the heart of any job-safety program. Each job for which the electrical supervisor is responsible must have a specific, well-designed safety program.


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Prescribed Solutions

Continual improvements in life expectancy and reduced infant mortality are a result of dedicated healthcare workers and, in part, the array of sophisticated electronic equipment used.


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Track the WIP

Construction contracting is one of the few professions that requires massive, up-front investment prior to actual cash inflow. The rule of thumb for any project startup is 30 percent of the total value of the contract has to be available before any billings.


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Managing Meetings

Last month, I offered some tips on reducing the cost of remote communication, such as letters, e-mails and telephone calls. Meetings are another source of inflated communication costs. Make a list of all meetings you held last year.


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