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. 

Image courtesy of Community First! Village

It was announced this week that Alan Graham, the CEO of Mobile Loaves & Fishes, a nonprofit group, plans to raise $60 million in donations to expand Community First!

For each project, electrical contractors must ensure the right equipment is on-site, that it’s affordable and, most important, safe and reliable. But what to do when dealing with installed equipment or with tools and equipment that they don’t own? How do they know it’s safe and hasn’t been damaged?

Sometimes you have a choice to get wet; sometimes you don’t. Splashing through puddles for fun is one thing. Forgetting your umbrella is another. Getting doused with 27 trillion gallons of rain, which is how much Hurricane Harvey dumped on Texas and Louisiana, is altogether something else. 

Often, people in our industry have more than one job title. Smaller shop owners often wear many hats. As businesses grow, one of the most frequent pairings is estimating and project management. 


More on Your Business

 
Breaking up Is Hard to Do

You probably spend 80 percent of your resources serving 20 percent of your customers. Sometimes, breaking up with your most difficult clients is the best way to improve employee morale and your bottom line.


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Generating Plant Woes

We've all been feeling the pain of inflation these days, with the cost of energy boosting everything from airfares to groceries. But if you think you’ve got it bad, take a moment to ponder the case of today’s electric utilities.


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Across the Ages

The industry is changing, which means changes for supervisors. More specifically, the labor resource for the electrical industry is undergoing significant change. Shortages in labor have been persistent for many years, but the shortage is now becoming acute, especially in some areas.


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The ABCs of PoE

According to Daniel Feldman, Technical Chair of the Ethernet Alliance’s PoE subcommittee, the base definition of power over Ethernet (PoE) is, “a technology that allows for the powering of devices through Ethernet cables.” At this time, IEEE 802.3AF is the de facto standard.


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Exploring Uncharted Waters

The movement for green building is charging ahead so fast the law surrounding this type of construction has not been able to keep up and remains largely uncharted territory. It is difficult to predict which standard will rule and how the court will interpret that standard.


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Utility Warns Residents of Thieves

Recently, thieves posing as utility workers have robbed a number of unsuspecting homeowners, and Progress Energy, an electric utility for the Raleigh, N.C., area, encouraged its customers and other residents to beware of scams.


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Watt Are You Paying For?

The phrase "the good old days" describes a time (real or imagined) that a person thinks was better or simpler. The good old days were when the electric bill was proportional to how many times the black line on the thin metal disk inside the glass of the electric meter rotated.


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