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. 

Do you believe that your financial adviser knows more than you do about how to make your money work for you? Do you trust that adviser to be ethical?

A report published in April by Allied Market Research, titled "World Building Information Modeling (BIM) Market - Opportunities and Forecasts, 2015–2022," forecasts that the world BIM market will generate revenues of $11.7 billion by 2022, representing a compound annual growth rate (CAGR) of 21.6 pe

Like the desert in summer, the solar power controversy in Arizona continues to sizzle. The drama involving Arizona Public Service (APS), net metering and solar power has been well documented. Now, a new storyline has emerged.


After a recent trade show in Las vegas, some colleagues and I took a road trip to Hoover Dam.

More on Your Business

 
Getting Specific in Design-Build

Use of the design-build delivery system for new construction in the United States is steadily increasing in nearly every sector of the building industry.


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The Maintenance Niche

For some reason, maintenance generally has not been embraced by contractors in their product offerings. Even though maintenance is a perfect value-added-service opportunity, many contractors do not actively pursue this type of work.


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A Cow, by Any Other Status ...

Unilateral (one-sided) mistakes have a checkered history in the law, with some very famous cases as examples. One concept to keep in mind while reading this article is that the law reasons by analogy.


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Power Play

Power and power quality is something we are all acutely aware of. Whether it is because of outages due to natural disasters or unexplained utility blackouts, everyone knows power is something difficult to live without.


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It Begins and Ends with the End-User

When discussing distributors and manufacturers, we have to take a look at the big picture to see how it relates to contractors. This business relationship is important because it affects a contractor’s ability to meet the demands of the end-user in a very competitive marketplace.


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The Year's Estimate

My final thoughts for 2005 are for all the owners, chief and senior estimators out there—the team leaders who bear the responsibility of determining which direction their estimating department will take their company.


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Of Course I Have a Backup Generator

At a recent National Electrical Code taskforce meeting dealing with mission-critical facilities relative to scenarios proposed by the Department of Homeland Security, the main concern seemed to be “you can’t test critical facilities.


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