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. 

Few one-trick ponies exist in the digital age. As cell phones have become portable computers, other devices also have taken on multiple functions.

This article is the fifth in a series of six tactics in which the electrical contractor can maximize purchasing power and profitability though procurement. Click here for part five.

Something I’ve thought a lot about since I became president of the National Electrical Contractors Association (NECA) is the value of membership in our association. I want to know more about our members’ perception of the value they want and receive from NECA.

In early 2015, the IBEW/NECA Technical Institute in Alsip, Ill., started building a 250-acre on-site facility, the Renewable Energy Training Field (RETF).

More on Your Business

Energy Management Makes Dollars and Sense

A large part of the nation has been spooked recently by regional energy crises. If necessity is the mother of invention, then perhaps recent price spikes, power outages and fears of terrorism are causing some people to assume more responsibility for their energy needs.

Downtime Leads to Lost Revenue

One of the most power-quality aware industries is the financial market, as it is one of the most dependent on the uninterruptible operation of computer and communications technology equipment for their business to generate “positive money.” It is not surprising that many of the members of the 7x24

'Mistakes' and the Law

We all make mistakes. Often, there are no ramifications and the error in judgment can be resolved with an excuse or apology. In contract law, mistakes have a deeper meaning, and the results can be harsh. The law characterizes mistakes and places them into categories.

High-Rise Requirements

Tall buildings require different systems than “standard” buildings. This is true for fire alarm systems as well as electrical systems. So what defines a “tall” building?

Outdoor Commercial Lighting

Market estimates of annual sales for the outdoor commercial lighting segment range from $875 million to $2 billion, including street and bridge lighting.

The Family Business in Transition

How does a family business exist? In this world of business conglomerates with clearly defined structures, and multicultural specialty workforces, how can family business survive? In the United States there are 22.4 million businesses and 90 percent are family owned and/or managed.

Why Not Wireless?

It’s nonsense that electrical contractors, traditionally a cable-and-wire bound profession, can do without wireless.