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 part of my law practice­­, I regularly review recent decisions from state and federal courts around the country on construction law issues. For the most part, these court rulings do not contain surprises, except for the many and varied ways in which contractors can get into trouble.


If you take your MRI to a dozen doctors, you may get several different opinions about the cause of your back pain. Likewise, if you take your financial picture to a dozen financial planners, you may get several different opinions about how you should invest your money.

Jason Glover of Thompson Electric explains how the controls work for a city water system.

How early is too early to get youth interested in a career in electrical contracting? According to management at Thompson Electric Co. (Sioux City, Iowa), fifth grade may not be too early.

Flir C2 pocket-size thermal camera

Most tradespeople love gadgets. This is a report about interesting tools and devices not necessarily categorized for electrical work, but which electricians may find useful. 


More on Your Business

 
Out of Sight

At a recent training session in Washington, DC, we plugged a power quality monitor into a baseboard outlet to get data to illustrate the different parameters and characteristics of voltage and current waveforms.


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Does Your Labor Know How to Be Productive?

As an electrical contractor or a project manager, the million-dollar question is “How do I get the guys to be more productive?” How often do you ask yourself this question, and how often are you surprised that the labor does not think of solving job productivity issues in what seems to you the most


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Candle in the Wind

A recent trip to a Latin American country helped remind me of so much that we often take for granted in the United States.


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Checking Your Financial Pulse, Part 2

Last month, we introduced the NECA Financial Performance Report (FPR) and began reviewing the data within it. Let’s continue with some additional measures of profitability.


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Legacies Derived from Will to Succeed

It may sound odd when I say a week-long event completed a couple of months ago left a legacy. However, a legacy can be defined as something from the past that enriches beneficiaries in the present and future, and I believe the 2007 Solar Decathlon will provide benefits well beyond its duration.


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Progress Energy Carolinas Seeks Renewable Energy Proposals

To support Progress Energy Carolinas’ balanced solution to meeting the future energy needs of a growing region—and to meet increasing renewable energy targets that take effect in the near future—the company is seeking information from potential suppliers about the availability of renewable and alter


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Recommendations for 2008

It's December already, which means this year’s estimating saga is basically over. Not to worry, 2008 should be just as exciting and fun, loaded with all sorts of new changes.


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