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. 

Technology’s impact on how we live—and, by extension, how we do our jobs—fluctuates every day. During my career, I have seen how that applies to the electrical construction industry, where new trends and innovations routinely emerge.

Nobody’s perfect, and I’m no exception. My first job in the electrical construction industry was driving a truck for a wholesale house. Within the first month, I didn’t secure my load well enough and lost a 10-foot stick of strut though the side of my stake bed truck.

Kosciuszko Bridge


Bridges and tunnels are a key sector for E-J Electric Installation Co., Long Island City, N.Y. Recently, the company installed LED lighting for the newly constructed Kosciuszko Bridge, which spans 1.1 miles over Newtown Creek between Brooklyn and Queens.

As I write this column, the citizens and businesses in Texas are assessing the damage from Hurricane Harvey, and Florida is cleaning up after Irma.

More on Your Business

 
Operating Effectively

For electrical contracting companies that have many large, complex projects underway at the same time, construction management software is the key to making everything go smoothly and to completing each job on schedule and within budget.


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Square D Files Lawsuit Against Counterfeit Products

Square D, the flagship brand for the Schneider Electric North American Operating Division, filed a lawsuit against Breakers Unlimited Incorporated of Noblesville, Ind.


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What Insurance Are You Buying?

Many subcontractors do not know exactly what they are purchasing when they procure insurance. It is critical for contractors to understand what their insurance covers. This knowledge is pivotal to evaluating the ultimate risks and liabilities to your business as well.


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A Little Learning ...

I interpret The adage “A little knowledge is a dangerous thing”to mean just a small amount of knowledge can lead people to do things they aren’t really qualified to do.


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Pepco Educating the D.C. Area

According to the Washington TimeS, Washington, D.C.-area electricity provider Pepco announced it is laying out its plan for spurring energy conservation and using innovative technologies like smart meters to combat global warming, save customers money and avoid midsummer blackouts.


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To Sell or Not to Sell?

Part 1 of this series outlinedsome possible reasons for deciding to sell your business, the concept of fair market value and some factors that will influence the potential value of your company in a sale.


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Lady or the Lion?

Remember the myth about an Impossible choice?A poor knight is rejected by the king as a suitor for his daughter. To test the knight’s love, the king tells him he can have his daughter in marriage if he selects the correct door. Behind one is the lady; behind the other is a lion.


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