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. 

All the hype surrounding smart grid technology masks a painful reality: Change is often disruptive. While the evolution of digital technology in the energy sector hasn’t always been easy for consumers, it is equally challenging for utilities.


In the first two columns of this series, I defined working capital, reviewed its underlying components and analyzed some of the factors affecting the rate at which it cycles through your business.

After seeing tremendous success with its inaugural event, the Occupational Safety and Health Administration (OSHA) has expanded its National Fall Prevention Stand-Down to two weeks in 2015.

Thomas Edison got it wrong. He predicted that everyone who pinned their hopes on the future of alternating current was just wasting their time.

Electrical Contractor Magazine

More on Your Business

 
What Now? What Next?
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Every two years for more than four decades, ELECTRICAL CONTRACTOR magazine has conducted original, in-depth research to help paint a clear picture of what makes up an electrical contractor. This year, we revamped the questionnaire to better reflect the dynamics of a changing industry.

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Keeping Task Analysis Complete and Meaningful
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It is frustrating for an estimator to come up with a meaningful number to include in an estimate for an item that has not been encountered on previous estimates.

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Firestopping Is Simple, yet Essential
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Firestopping is a simple, yet essential, part of any construction project.

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Analyzing a Sag with a Swell
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(Please refer to ELECTRICAL CONTRACTOR magazine for referenced figures). On a single-phase circuit, the origin of a voltage sag is usually downstream if the neutral-to-ground voltage significantly increased during the sag.

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Economy Impacts MACs Market
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Just a few years ago, knowledgeable electrical contractors believed that the trick was to virtually “give away” an initial VDV installation, and, by landing a service contract in that way, capitalize for years on the very lucrative moves, adds and changes (MACs) that followed.

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The Phantom Contract: Rights without a Writing
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There are hundreds of examples: no written contract for a small commercial repair or home improvement; a “letter of intent” so you can start work; verbal direction to perform extras; your written contract not signed by the owner. Do you have an enforceable contract?

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Evaluating Your Firm Using the Baldrige Award Criteria
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The Malcolm Baldrige National Quality Award (MBNQA) is awarded annually to recognize firms that have achieved overall excellence in leadership, organizational effectiveness, operations and business results. Congress authorized the award in 1987 through Public Law 100-107.

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