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. 

An electrical contractor client of mine came to me with a problem. His company had been working closely with a general contractor (GC) to develop a proposal for a large design/build project that was in the works.

Microgrids are a huge topic in the renewable-energy world. Local energy grids with control capability—meaning they can disconnect from the traditional grid and operate autonomously—are becoming more attractive for a variety of applications as solar and battery costs plummet.


By most standards, the United States has a highly educated populace. However, one glaring omission is the teaching of personal finance, and it contributes to the lack of financial mobility and prosperity of any person who fails to learn how to budget, save or balance a bank account.


Some may be skeptical of its credentials, but carbon capture has its proponents, and as policy makers have been known to say, everything should be on the table.

More on Your Business

 
Power Play

Power and power quality is something we are all acutely aware of. Whether it is because of outages due to natural disasters or unexplained utility blackouts, everyone knows power is something difficult to live without.


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Watergate or Wisdom?

More than 9 million U.S. consumers were victims of identity theft in 2004. Contrary to popular belief, most of these thefts resulted from sifting through trash, not electronic hacking.


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To Be Integrated

Twenty-first century building will be an integrated set of building systems aimed at providing an optimal environment for people to live, work and play.


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Turning Time into Money

You know those old axioms: “A penny saved is a penny earned,” and, “Time is money,” and, from Ben Franklin, “Beware of little expenses. A small leak will sink a large ship.” It is no secret that managing expenses commands more of our attention today than in the past.


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Powering Motor Control Centers

Motor control centers are now being designed that provide the best alternative for grouping motor control, associated control and distribution equipment.


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Are You Ready?

In my December column, I recommended you review last year’s estimating strategy. By examining what worked and the reasons for losses, you understand how to be more successful next year. Well, guess what? It is next year and the estimating clock started ticking two weeks ago.


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Construction Outlook 2006

As 2005 came to a close, many economists blamed a cloudy future on a femme fatale named Katrina. Anthropomorphism, giving human characteristics to something inanimate, is a tricky device, usually frowned upon in writing.


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