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. 

In the age of sustainability, every conceivable energy source gets equal consideration. Just as wind and solar power have had their growing pains, other viable sources will, too.

In December, I spoke at the International Drone Expo in Los Angeles. The Expo lived up to its name as to being “International” in scope.

The Sisters in Solidarity (SIS) group of IBEW Local No. 292, Minneapolis, was formed in 2013. SIS is a mentoring and support group for women electricians that focuses on developing leadership in its community and union.

Each year, the Associated Schools of Construction (ASC) holds a number of national competitions that allow college students from around the nation in construction and construction-related trades to experience what it is like to work in the industry.

More on Your Business

 
An Ounce of Prevention ...

Finding Planning time is difficult when you are chasing work in a competitive economy, and nearly impossible when you are booked to capacity.


READ MORE
 
LEEDing Edge

Building owners are becoming increasingly interested in sustainable construction and having their buildings certified under the U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED) Green Building Rating System.


READ MORE
 
Power Hour

Why don’t electrical contractors spend more time reviewing their financial statements? How much time does it really take to do a financial self-examination? Do you have to be an accountant or financial wizard to evaluate the status of your financial health? It might be easier than you think.


READ MORE
 
Estimating Blind

As the economy stands on firmer ground, privately funded buildings are coming back to life, bringing a surge of design-build projects with it. This is very good news for estimators, because more buildings mean more work to bid on and win for the company.


READ MORE
 
ESOP's Pitfalls

The first two parts of this series have explored the concept of the Employee Stock Ownership Plan (ESOP) and the potential advantages of establishing one for your contracting business. This month, we will discuss some of the possible pitfalls.


READ MORE
 
LEEDing Electrical Installations

More and more companies want to be recognized as being environmentally conscious. One way that they are demonstrating their commitment to a cleaner environment is through green construction.


READ MORE
 
Pay Your Fees!

It is already the month of May—I know, I can’t believe it either—and the feeling of spring is in the air. Spring typically means warmer weather, longer days to get the estimates done and, of course, your annual tech support fees are due.


READ MORE

Pages

X