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. 

Start date


On a regular basis, Contractors ask me to review their contracts before they sign.

In the utility sector, not many issues cause industry stakeholders more anxiety than the aging infrastructure and continuously increasing demand. Around the country, utilities are investing heavily to keep up with degradation and power-hungry consumers.


Beginning this month, we are taking a fresh look at Ideas That Work. This column has been part of ELECTRICAL CONTRACTOR Magazine for many years, and most submitted ideas have been time saving and practical.

It isn’t often that an electrical contractor (EC) literally goes airborne during system testing and commissioning.

More on Your Business

 
Caution Prevents Problems
| under

To avoid costly surprises, a complete estimate is just one part of the equation. Uncertainties must be covered with a cost factor, albeit at times information is scarce.

READ MORE
 
Columbo No. 3 - Sags Originating within the Facility
by Staff |
| under

The upstream sags and interruptions caused by faults on the electric utility system are often blamed for being the root of all evil, yet studies have shown that most power quality (PQ) problems originate within the facility itself, as indicated from the following sources:

READ MORE
 
Precautions Prevent Costly Errors
by Staff |
| under

Avoiding costly surprises with a bid requires some precautionary diligence. A complete estimate and followup on the job after a successful bid are parts of the equation. Understanding and noting out-of-the-ordinary costs is the balance of the formula.

READ MORE
 
Flat-rate Pricing--Predetermined Prices for Predefined Service Activities
by Staff |
| under

The service cycle starts with the initital customer contact and ends with the electrical contracting firm being paid for the service provided. Shortening the service cycle has advantages for both the customer and the contractor.

READ MORE
 
Fiber's Future: We See Dust and Dirt in the Looking Glass
by Staff |
| under

Advances in applications for fiber optic components, more than advances in the fiber itself, will drive the marketplace in the next 12 to 18 months.

READ MORE
 
Ground Play beneath Elephants
by Staff |
| under

Many NECA members, such as my friend Timmy on Maryland’s Eastern Shore who inspired this article, have an annual volume of $2 million or less.

READ MORE

Pages