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. 

by
Staff  

Every month, we pick the top Ideas That Work submitted by you, ELECTRICAL CONTRACTOR readers.

On May 6, six energy companies launched Grid Assurance, an independent company with the purpose of providing spares for critical electric transmission equipment.

Have you heard the joke about the pollster soliciting opinions outside the United Nations? It’s funny, but we’re not going to tell it here. We’re also not going to discuss political polling. We’re here to talk about you and what you’re working on.

As customers look to improve energy efficiency in their homes and businesses try to reduce energy costs, more utilities are recrafting their websites to provide relevant information to their customers and to the electrical contractors that may perform energy-efficiency work for them.


More on Your Business

 
Keeping Your Corporate Veil Intact

Most electrical contracting businesses are organized as corporations, using the “corporate veil” to protect the personal assets of shareholders from corporate debts or liabilities.


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Saving Time and Money

With urgent deliveries to dozens of job sites around the area and your customers depending on you for the timely completion of their projects, your fleet cannot afford to be on the sidelines.


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Closing the Circle

We get so used to terms of art in our professions that we sometimes fail to understand that others do not subscribe to the same definitions. “Field engineering” is one example. Does that term simply mean field routing or does it also imply some degree of design effort?


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Contract Maintenance

For electrical contractors, maintenance means more than sweeping the warehouse floor. Service work is becoming an increasingly important and lucrative part of their business.


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Procurement Management in the Electrical Contracting Industry

The electrical contracting industry is facing a fork in the road with supply-channel management. In their historical roles, distributors play the part of a wholesale/retail combination for electrical components while hoping to be profitable through speculations (currently on steel and copper).


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Marketing for Integrated Building Systems

Marketing for Integrated Building Systems (IBS) requires two separate discussions: What is marketing exactly? And how do I branch out into IBS? Regarding marketing: “Its purpose is to create a customer,” said Peter Drucker, an American business philosopher and author on marketing.


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PV: Advances and Latest Opportunities

Advances in Photovoltaic (PV) materials and manufacturing processes are resulting in increased interest in the application of PV technology in buildings.


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