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. 

As part of my law practice­­, I regularly review recent decisions from state and federal courts around the country on construction law issues. For the most part, these court rulings do not contain surprises, except for the many and varied ways in which contractors can get into trouble.


If you take your MRI to a dozen doctors, you may get several different opinions about the cause of your back pain. Likewise, if you take your financial picture to a dozen financial planners, you may get several different opinions about how you should invest your money.

Jason Glover of Thompson Electric explains how the controls work for a city water system.

How early is too early to get youth interested in a career in electrical contracting? According to management at Thompson Electric Co. (Sioux City, Iowa), fifth grade may not be too early.

Flir C2 pocket-size thermal camera

Most tradespeople love gadgets. This is a report about interesting tools and devices not necessarily categorized for electrical work, but which electricians may find useful. 


More on Your Business

 
A Prototype for Future Homebuilding Developed

The builders of tomorrow's homes are addressing a whole new reality: To be truly durable and sustainable, houses should be able to adapt to homeowners’ needs over time. Moreover, this adaptability must be achieved with minimal impact to the environment.


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New Course Teaches Technicians to Find and Solve PQ Problems

Fluke Corporation has collaborated with American Trainco to offer a professional training opportunity important for anyone responsible for electrical system installation, maintenance and troubleshooting in commercial and industrial facilities.


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A Touch of Silver

Though not known as one who dwells in the past or the "good ol' days" mentality, this column happens to mark the silver anniversary of my contributions to Electrical Contractor.


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Going Once, Going Twice ...

Government contract bidding and negotiation are complex processes. Competitive bidding is the dominant model used to make labor and material selections for the majority of government construction projects.


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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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Trend Analysis

Ratios are useful as both snapshots and video clips. For example, the cash on your balance sheet is a snapshot of your bank balances at one point in time. By the time you generate your financial statements, the cash balance has shifted.


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Utility Works on Energy Management Abilities

Progress Energy Carolinas filed two programs with the North Carolina Utilities Commission: one for residential load control and another to allow the electric distribution grid in the Carolinas to be used to reduce peak demand.


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