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. 

Evaluating the cost-
effectiveness of renewable power has always been a fairly simple calculation. As manufacturers lowered their production costs and improved the generating efficiency of their technology, renewables became more cost competitive with conventional sources of power.


We appreciate all of the positive response to the new format for our column in which we interview industry leaders about key issues that may alter the future of electrical construction.

Mobile lighting systems powered by hydrogen fuel cells are cleaner and quieter and now have a proven track-record in applications like nighttime construction, sports and entertainment events, and airport operations, making them ready for commercialization and broader use.


Retirement planning is complicated, with many risks and legal pitfalls. It is worth investing time and money with a financial adviser who specializes in retirement. A little preparation will help you get ready for your first meeting and result in a plan that fits your expectations and goals.


More on Your Business

 
Sags from Laser Printers, Copiers and the Like
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Please see Electrical Contractor magazine for referenced Figures.

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Use Your Distributor to Help Add Value
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An owner approaches you not only for the electrical wiring of a new building, but also the highest-tech structured cabling system available for security, networking and e-access, including Voice over Internet Protocol (VoIP).

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Fire & Life Safety
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Every electrical contractor involved in the installation and maintenance of life safety systems knows that what really drives the fire market is local, state and federal building codes and the Authority Having Jurisdiction (AHJ). That’s not necessarily a bad thing.

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Surviving the Last Mile
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Sometimes the last 5 or 10 percent of the job is the hardest to complete, and the most expensive per item. You think that you have reached substantial completion and want to come to an understanding about what is left to be done for final completion and final payment.

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Profiting from Six Sigma
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Six Sigma is a program for improving manufacturing quality developed by Motorola in the mid-1980s and adopted and expanded by General Electric (GE) in the 1990s. Today, Six Sigma is being used by a variety of other well-known manufacturing firms as well as all types and sizes of service firms.

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Article 210 - Branch Circuits
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Please see Electrical Contractor magazine for referenced Figures.

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Estimating Economics
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Most of what project estimators work on resembles what they will be working on in the next six to nine months. But what of those longer-term projects? How can labor and material predictions be sufficiently accurate to cover such periods and ensure that the project will benefit the contractor?

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