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. 

Electri International, a foundation that supports electrical industry research, released “Customer Side Smart Grid Installations—Preparing for the Future,” a report that examines how implementation of the smart-grid technology is changing the nature of the electrical distribution system in the Unite

Hardt at his Chicago-area offices

Forty-one years ago, when David A. Hardt sat down with his brother Bill and a friend to discuss his future, he was at a crossroads.


As renewable energy strives 
to become more competitive with traditional sources, success is measured in a variety of ways. By one of these measures, wind power is coming on strong.

Reality television, despite its smarmy nature, is cathartic for the viewers who wish they could say whatever they wanted to whenever they wanted to, without the usual filters of tact and diplomacy we use at home and at work.

More on Your Business

 
Old Systems Struggle to Meet New Power Demands
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One of the biggest problems facing the electrical industry is existing power systems’ inability to meet the demands and requirements of the future.

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Relevant Records Can Produce Profits
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Improving the estimating process is not altogether dissimilar from improving performance in any other profession that requires sound judgment and productivity.

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Don't Underestimate Accounting 101's Importance
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This column’s headline might initially turn many people off. Estimators will probably mumble that accounting has nothing to do with estimating. The realities are that understanding some accounting principles is essential for providing an all-inclusive estimate and producing a bid document.

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Futureproofing Is Easier than Making Other Predictions
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It seems as if many people talk about the future a lot. The problem with such discussions is that if predicting the future were easy, many of us would not be working today because we would have made a fortune in the stock market by now.

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Digital Marketplace Offers Substantial Process Savings
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TradePower’s businesses form a three-legged stool. Right now, that third leg, the digital marketplace, is the weakest. But if the company’s venture capital backers (at Boston Ventures) are correct, someday the third leg might dwarf the others.

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Understanding Distributors' Value
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• Please refer to ELECTRICAL CONTRACTOR magazine for referenced illustrations.

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Employee Input is Critical to Quality Assurance Programs
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An effective quality assurance (QA) program can be a valuable asset to the electrical contracting firm. Not only can a formal QA program improve construction quality and reduce rework, but it can also improve customer satisfaction and serve as a valuable marketing tool.

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