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. 

To sustain your company and maintain a competitive edge takes commitment and planning. Adopting a triple bottom line (TBL) can be that road map to achieving business sustainability.

While solar power is becoming more competitive all the time, the need for government incentives is still strong. Recently, New York state offered developers an incentive to build large projects. Response to that solicitation was overwhelming.


Retirement is a fairly recent concept. Before the 20th century, most people worked until they were physically or mentally unable to do their jobs.

The focus of the electrical contracting industry has always been energy. That’s obvious. But, reflect on the history of the industry for a few moments, and it’s just as obvious that the role electrical contractors perform with regard to energy has changed dramatically.

More on Your Business

 
Project Design Woes
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Once upon a time, as fairy tales go, designing engineers produced workable electrical plans with very few errors. Of course that was when the average electrical project amounted to a mere 5 percent of a project’s overall costs.

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Maintenance Adds Value to Sales
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System maintenance can be about anything you want it to be. It could be in reference to communications (data or voice networks), electrical, mechanical, security or anything your heart or bottom line desires. You may think that such a statement is too sweeping and general, right? Wrong.

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The Lie of the Land
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It’s a lie! It’s a fraud! These are fighting words, but they are too often spoken. In construction-contracting litigation, allegations of fraud, deceit and misrepresentation are also too often raised. Generally, the law does not micromanage business dealings.

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Recruiting and Retaining Women
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Your work force is becoming more diverse, and perhaps you’re a little confused about how to recruit and retain these new workers, especially the women. So what do you do? First, leave your paranoia behind. Most women in the workplace don’t plan to sue the company.

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Working Safely - To de-energize or not?
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A presentation at the PQ World 2002 Conference in October re-enforced the need to continue to make the electrical workplace a safer place to work in. While it would be ideal, it’s not always possible to de-energize electrical systems before working on them.

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Regulations, Interpretations and Tribulations
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In the many articles I have written about safety and health, I have unthinkingly referred to a number of documents, such as the Occupational Safety and Health (OSH) Act, Code of Federal Regulations (CFR), Interpretations, etc.

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Unique Contractor Grows In Many Directions
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It’s hard to explain what enabled Sullivan & McLaughlin (Boston) to surge from $2 million annual sales in 1991 to $50 million and growing. It can be summed up this way. The people who run the company like each other and their employees; their employees trust them and like them back.

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