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. 

A mentor can mean the difference between success and failure as a business owner. Whether your electrical contracting business is new or has existed for generations, you can always learn from other entrepreneurs.

Innovation and entrepreneurialism are driving forces in the age of renewable power and digital technology. When it comes to thinking outside of the box, the city of Portland, Ore., has a well-earned reputation.


General Cable FrogHide UltraFlex outdoor extension cord

Electrical extension cords aren’t exactly “tools” in the traditional sense, but they are essential on many jobs to power tools and temporary lighting, for bringing power from generators to field offices, and for many other uses.


In the global battle against climate change, renewable targets have been an indispensable weapon. National, state and local governments have set targets for renewable power and continue to raise the bar as those targets are met.

More on Your Business

 
From Swordfish to Motor Saws
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I still remember the bewildered look on my nephew’s face after watching an episode of “The Flintstones.” Fred had been working at his quarry in Bedrock and sawing off a giant piece of stone with a live swordfish.

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Dirty Little Secrets
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Some of this column’s readers have sent comments and questions, and one of those prompts this month’s column regarding the earthwork on a project.

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Managing Lease Agreements
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Electrical contractors can obtain needed equipment by purchasing it, leasing it or renting it. Electrical contractors use each of these three equipment acquisition methods every day and each method has its advantages and disadvantages.

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Time Is Money
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Customers are placing a higher priority on time than money, and it seems that nearly all projects are now “fast track.” Managing money is easier than managing time, and every electrical contracting company struggles with waste, inaccurate records, or even time theft.

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E-Biz for Smaller Contractors
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Paperless communication reduces errors Translation is a huge problem for e-business. Can your accounting system “talk” to your distributor’s business system, and vice versa? After all, your system has information the distributor needs; and you could use data in the distributor’s computer.

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Security System Upkeep
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Security system upkeep is important to ensure the integrity of the system in the event of an actual breach or break in. It’s then that the significance of a reliable intrusion detection system comes to light.

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First Things First
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In the latest edition of “Electrical Power Systems Quality” by Dugan, McGranaghan, Santoso and Beaty, the authors point out that “it is commonly stated at power quality conferences and in journals that 80 percent of all power quality problems reported by customers are related to wiring and grounding

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