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. 

A mentor can mean the difference between success and failure as a business owner. Whether your electrical contracting business is new or has existed for generations, you can always learn from other entrepreneurs.

Innovation and entrepreneurialism are driving forces in the age of renewable power and digital technology. When it comes to thinking outside of the box, the city of Portland, Ore., has a well-earned reputation.


General Cable FrogHide UltraFlex outdoor extension cord

Electrical extension cords aren’t exactly “tools” in the traditional sense, but they are essential on many jobs to power tools and temporary lighting, for bringing power from generators to field offices, and for many other uses.


In the global battle against climate change, renewable targets have been an indispensable weapon. National, state and local governments have set targets for renewable power and continue to raise the bar as those targets are met.

More on Your Business

 
Restoring the Fifth Star
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In late August 2002, as he walked up to the job site at Le Bec Fin, a Philadelphia establishment that is one of the nation’s finest restaurants, Michael Kahmar, vice president of Kahmar Electric, started slightly when he noticed the sign posted at the front entrance: “Accepting reservations for Sep

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Migrating to Fiber
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Making the smart decision Before upgrading a copper plant to fiber optic cable, evaluate the alternatives. Fiber is great, but expensive. Any time a contractor is asked to pull new cable for a low-voltage installation, there are alternatives the client should hear.

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Marketing Design-Build Services
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Finding the right team is only the first step The popularity of design-build as a project delivery system continues to grow in the United States as more and more owners embrace it. There are a variety of ways that your firm can become involved in this growing market.

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Estimating Workers' Compensation Costs
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Contractors’ feedback in the preparation of NECA’s Financial Performance Report (Index #1055) indicates that project costs divide among three major divisions. In general, the job costs will generally consume about 60 percent by way of material and labor costs.

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The Proof is in the Paper
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It used to be said that the definition of a “claim” was “an unresolved change order.” That concept has been expanded because of the sheer quantity of claims and litigation in construction. Now, most contracts seek to impose restrictions and limits on change orders and claims.

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Perception of Percent
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In an attempt to simplify complex mathematical equations, the summary value for harmonics called total harmonic distortion (THD) is derived from the individual harmonic values.

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Do Your Systems Have Class and Style?
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In the day-to-day challenges of electrical contracting, when a specific wiring question arises, the wiring methods you use depend on what you have learned in the trade along with an occasional dose of the National Electrical Code.

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