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 National Electrical Safety Code (NESC) Main Committee is well into the revision process for the 2017 edition, due to be published Aug. 1, 2016.


Whether they know it or not, most estimators are in the marketing business. Every time they speak to someone, they influence that person’s feelings about them and the company they work for. If estimators are rude to vendors, they may not get the best pricing.

On the afternoon of April 7, 2015, a large portion of the Washington, D.C., area and surrounding suburbs was hit by a sudden power outage.

The basic idea behind the law of contract damages is to give the nonbreaching party the money to get the performance it paid for.

Electrical Contractor Magazine

More on Your Business

 
Branch Circuits: Required Lighting Outlets, Part VII
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210.70(A)(2) Lighting Outlets Required Lighting outlet and wall switch provisions for dwelling units, guest rooms (hotel, motel and similar occupancies) and certain areas in non-dwelling occupancies are covered in 210.70(A) through (C).

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Reasons to Rent
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When Ernie Audet Jr. wants a new piece of equipment quickly, he rents. Audet wastes time and money when he lacks equipment needed for a job. Rental equipment is a $25 billion industry and almost all contractors—large and small—depend on it. Audet’s firm, E. W.

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Can I Get a Witness?
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Construction companies often retain the services of consultants/experts to assist in preparing a claim or in presenting a dispute in court or arbitration. The range of services offered is extensive. Almost all bar journals and trade magazines carry advertisements for expert advice and testimony.

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Tool Management Solutions
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Keeping track of company-owned tools has never been an easy task, even for very small firms. And for large organizations, effectively managing tools is a huge undertaking. “I started with our company as a driver,” said Rob Cherry, president of Osborne Electric in Oklahoma City.

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Employment Deficit Could Hit In 2004
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Could the shortage of skilled workers in electrical construction, voice/data/video (VDV) and integrated building systems (IBS) hit sooner than you think? As reported in the June and August issues of ELECTRICAL CONTRACTOR, a shortage seems virtually certain for 2008-2010.

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Stopping the Profit Drain
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No one would put their profits on shelves each year to sit and lose value, but that is what many contractors do by ordering and keeping unnecessary inventory. Overordering of inventory costs electrical contractors thousands of dollars a year in lost profits.

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Searching for Greener Pastures
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It’s certainly no secret that many areas of the country are seeing less viable work to bid, and yet more competition for the jobs that are going ahead.

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