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. 

This tunnel lighting is part of Birmingham’s total lighting upgrade.

The City of Birmingham, Ala., announced a new project designed to upgrade its current public parking garage lighting to energy-efficient, connected light-emitting diode (LED) lighting. The retrofits are expected to save about $375,000 per year.


Credit cards typically apply interest to late payments. This interest factor, which may be 18 percent or more, can be viewed as a form of liquidated damages (LDs). The base amount owed is not liquidated, because it depends on your balance, but the percentage is liquidated, or fixed, by agreement.

Most of the 3.5 million residents of Puerto Rico have spent two days without power as the result of a fire at Aguirre power plant in the southern town of Salinas, according to the Associated Press.

For renewables and energy efficiency, effective storage technologies are a key ingredient to their continued success. For its part, the battery industry is keeping up. According to a recent study by the firm Navigant Research, the market for next-generation battery technology is ready for growth.


More on Your Business

 
Tools of the Trade

Some contractors buy as few tools as they possibly can while others consider tools an investment to enhance their productivity, so they embrace them,” said Jim Eisele, Greenlee Textron product manager. To a large extent, tools are necessary to perform electrical jobs.


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Ready for Takeoff

In a recent article, we covered the need for having a “pre-flight check” performed before moving existing or installing new information technology (IT) equipment into a newly constructed computer room.


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Marketing for Integrated Building Systems

Marketing for Integrated Building Systems (IBS) requires two separate discussions: What is marketing exactly? And how do I branch out into IBS? Regarding marketing: “Its purpose is to create a customer,” said Peter Drucker, an American business philosopher and author on marketing.


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PV: Advances and Latest Opportunities

Advances in Photovoltaic (PV) materials and manufacturing processes are resulting in increased interest in the application of PV technology in buildings.


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Door 1 (Court) or Door 2 (Arbitration)?

The amount of misleading and incorrect information about arbitration could fill a bookshelf.


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Combining Forces

When did your company last integrate a fire alarm system with another building-control or security system? Most electrical contractors would find it hard to answer that question.


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The Latest in Transportation Project Lighting

Based on figures from the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., the market for roadway fixtures is growing at about 5 to 6 percent a year. According to David B.


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