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 the landscape of electricity generation in the United States evolves, natural gas continues to account for an increasing share of the mix.

If you have kept up with the 2017 Nobel prizes, you know three Americans won the prize in physiology or medicine for their discoveries of molecular mechanisms controlling the circadian rhythm.

Here’s an undeniable truth I’ve learned over the years: When one chapter ends, another is right around the corner. That’s especially true now for me and the National Electrical Contractors Association.


This month, I expand on “Do You Trust the Drawings?” by talking more about establishing the scope of work included in your estimates. Let’s start with verbal instructions.

More on Your Business

 
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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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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