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. 

The Consumer Electronics Show (CES) is not typically an event that draws electrical contractor interest, but this year’s show raised some eyebrows in the low-voltage market. An influx of products demonstrated that ECs could be pulled further into the high-end consumer market.


While preparing estimates, the methods and rules that estimators follow depend on several factors, including training, experience, the type of project and company culture. In some instances, estimating practices may not mesh well with project management requirements.

I’ve only been NECA’s president since Jan. 1, and I’m already up to my neck in my new role as the association’s chief elected officer.

“Space matters” is the new mantra as the office concept undergoes some radical rethinking. Today, square-footage is often decreasing as occupancy increases. Open landscapes rule as corner offices disappear. Cubicles are giving way to collaborative worktables. Work from home? No problem.

More on Your Business

 
When the Rules Are Changed - How to Analyze a Claim
| under

Some time ago, I represented a pharmaceutical company, which for years had employed an electrical contractor for maintenance and upgrades to its plant on a time-and-material basis. The owner then contracted for a new building to manufacture and package a dietary powder.

READ MORE
 
Zorro's Monogram
| under

(Refer to ELECTRICAL CONTRACTOR magazine for tables and graphs.) Two invaluable tools for solving power quality problems have been Ohm’s Law and and Kirchoff’s Laws.

READ MORE
 
Precautions Prevent Costly Errors
by Staff |
| under

Avoiding costly surprises with a bid requires some precautionary diligence. A complete estimate and followup on the job after a successful bid are parts of the equation. Understanding and noting out-of-the-ordinary costs is the balance of the formula.

READ MORE
 
Flat-rate Pricing--Predetermined Prices for Predefined Service Activities
by Staff |
| under

The service cycle starts with the initital customer contact and ends with the electrical contracting firm being paid for the service provided. Shortening the service cycle has advantages for both the customer and the contractor.

READ MORE
 
Fiber's Future: We See Dust and Dirt in the Looking Glass
by Staff |
| under

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.

READ MORE
 
Ground Play beneath Elephants
by Staff |
| under

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.

READ MORE
 
Columbo No. 3 - Sags Originating within the Facility
by Staff |
| under

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:

READ MORE

Pages