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 quest for achieving greater energy efficiency, buildings have become a primary target, and building designers are jumping on the bandwagon.


The power generation environment is changing, and so are the systems used to transmit and store that resource. Microgrids are emerging as one of the key components in the new energy landscape.


Last month we talked about why bid listing laws are a good thing. In summary, general contractors use bid shopping to take profit from the subcontractors and keep those profits for themselves. Bid listing laws are a very effective way of stopping post-award bid shopping. 


Starting next month, the presidency of NECA—and this column—will be in the very capable hands of David Hardt, president of Hardt Electric in Chicago.

More on Your Business

 
Fiber's Future: We See Dust and Dirt in the Looking Glass
by Staff |
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Advances in applications for fiber optic components, more than advances in the fiber itself, will drive the marketplace in the next 12 to 18 months.

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Ground Play beneath Elephants
by Staff |
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Many NECA members, such as my friend Timmy on Maryland’s Eastern Shore who inspired this article, have an annual volume of $2 million or less.

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Columbo No. 3 - Sags Originating within the Facility
by Staff |
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The upstream sags and interruptions caused by faults on the electric utility system are often blamed for being the root of all evil, yet studies have shown that most power quality (PQ) problems originate within the facility itself, as indicated from the following sources:

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Inland Electric Corp. Design/builds Five-building Facility in under Two Years
by Staff |
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Times have changed, and residential electrical contracting is changing too. Twenty years ago, Inland Electric Corp., opened its doors in Shorewood, Ill., and the once-small company is now one of the Chicago area’s leading residential contractors.

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Designing for Reliability and Maintainability
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A successful design/build project is completed on time and within budget, and meets the customer’s needs and expectations. Customers expect a reliable, maintainable system.

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VDV Design/Build
by Staff |
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Design/build is becoming the project delivery system of choice for many customers because it offers several advantages over traditional design-bid-build project delivery.

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Getting Ready for Boom Times
by Staff |
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Electrical contracting industry leaders’ talk could lead you to conclude that there is never a chance to critically examine your business practices. When the economy is booming and projects are ample, there is no time for it. When business is stagnating, there is no money for it.

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