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. 

The National Association of Home Builders (NAHB) is foretelling a good year ahead for home remodeling. According to the organization’s 2017 projections, in the average zip code, remodelers will spend roughly $6,200 per home improvement project, up from $5,800 in NAHB’s 2016 projections.

As President of the National Electrical Contractors Association (NECA), I am proud that our members work hard to make their voices heard around the country.

On June 1, after returning from his first international trip, President Trump officially announced his intention to pull the United States from the Paris climate agreement. It's a decision that has rocked the political world, especially in terms of international relations.

According to a report from the Minnesota Department of Commerce’s Division of Energy Resources, replacing T12 fluorescents with T8s or T5s and upgrading to LEDs reduces lighting energy consumption.

More on Your Business

 
McCormick Educates Users at Annual Conference

McCormick Systems' annual user's conference generally informs attendees of its basic software package's "extras." As with Microsoft's Word, it's estimated most users only take advantage of 10 to 20 percent of the program's capabilities.


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Tempting Fate

Surging power can cause serious injury, death


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The State of Your Estate

Planning to pass on ownership: The equity in a privately held business is usually the largest asset in the owner’s personal estate, and many owners fail to maintain and update documents that coordinate the business with their personal financial plans; make sure that doesn’t happen to you.


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Electroindustry Confidence Index Rises in February

February was a healthy month for the electroindustry, and the future appears bright as well, according to senior industry executives responding to National Electrical Manufacturers Association (NEMA) monthly Electroindustry Business Confidence Index (EBCI) survey; seven of the eight EBCI indices imp


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Attention to Detail

Because everything’s connected—somewhere: Do you know what integrated systems are and how to estimate them? They’re not really that different from standard low-voltage systems, but they require more attention to the drawing details and specifications.


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Illinois Rate Increases Predicted to Diminish State Economy

There is currently a battlefor electricity rates in Illinois; the Citizens Utility Board (CUB), a nonprofit utility watchdog organization created by the state legislature, has called on state lawmakers to roll back the increases recently imposed by utilities, ComEd and Ameren.


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