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. 

Technology’s impact on how we live—and, by extension, how we do our jobs—fluctuates every day. During my career, I have seen how that applies to the electrical construction industry, where new trends and innovations routinely emerge.

Nobody’s perfect, and I’m no exception. My first job in the electrical construction industry was driving a truck for a wholesale house. Within the first month, I didn’t secure my load well enough and lost a 10-foot stick of strut though the side of my stake bed truck.

Kosciuszko Bridge


Bridges and tunnels are a key sector for E-J Electric Installation Co., Long Island City, N.Y. Recently, the company installed LED lighting for the newly constructed Kosciuszko Bridge, which spans 1.1 miles over Newtown Creek between Brooklyn and Queens.

As I write this column, the citizens and businesses in Texas are assessing the damage from Hurricane Harvey, and Florida is cleaning up after Irma.

More on Your Business

 
If They Can Do It ...

With oil prices topping $100 per barrel, energy conservation is again garnering significant attention. Though oil and its byproducts are not a direct source of electrical energy, they have an impact on costs.


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Efficiency and Productivity

Managing a profitable electrical contracting business demands a high level of efficiency and productivity. You push your office staff members and field employees to use their time wisely, but how well are you using financial information to gauge the results?


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A Penny Saved is a Penny Earned

In 1989, the Occupational Safety and Health Administration (OSHA) issued voluntary guidelines for safety and health program management. The guidelines were based on the elements common to all programs used by successful participants of OSHA’s Voluntary Protection Program.


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Setting the Bar

During the debates surrounding the energy bill President Bush eventually signed last fall, Democrats argued long and hard for a national, mandated target for renewable energy production, called a renewable portfolio standard (RPS).


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Calculating Manpower

As part of calculating your final sell price, you need to determine how many electricians it will take to build the job. The answer could determine whether you need to factor in additional labor costs, such as overtime labor, supervision costs and more labor hours.


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Set Your Phasors

Though it wasn't the result of watching any “Star Trek” reruns, the concept of phasors (or phasers to Trekkies) has been raised in a couple of recent discussions.


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In Praise of the Bar Chart

Einstein's fame rests, in part, on his discovery that time is a variable dimension. Contractors have always known this fact.


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