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. 

A mentor can mean the difference between success and failure as a business owner. Whether your electrical contracting business is new or has existed for generations, you can always learn from other entrepreneurs.

Innovation and entrepreneurialism are driving forces in the age of renewable power and digital technology. When it comes to thinking outside of the box, the city of Portland, Ore., has a well-earned reputation.


General Cable FrogHide UltraFlex outdoor extension cord

Electrical extension cords aren’t exactly “tools” in the traditional sense, but they are essential on many jobs to power tools and temporary lighting, for bringing power from generators to field offices, and for many other uses.


In the global battle against climate change, renewable targets have been an indispensable weapon. National, state and local governments have set targets for renewable power and continue to raise the bar as those targets are met.

More on Your Business

 
Your Home's Rising IQ
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Rising energy costs, maturing technologies, simplified interfaces, government initiatives and utility incentives are all driving the predicted 29.5 percent compound annual growth rate of the global smart homes and buildings market, creating any number of opportunities for electrical contractors (ECs

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Congress Passes Keystone XL 
Pipeline Legislation, President Vetoes

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Few political conflicts are more emblematic of congressional dysfunction than the Keystone XL pipeline project. Its long-embattled and weary proposal pages have been batted around, and it’s become a figurative partisan line in the sand.


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Business is Booming
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The term “baby boomer” refers to Americans born between 1946–1964, when the United States experienced a marked, sustained rise in birth rates following the end of World War II. The first baby boomers began turning 65 in 2011, and this group is expected to live longer than previous generations.

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How Do You Office?
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“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.

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Four Ways To Build Your Service Customer Base
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Emily Martin took us by surprise. From the very beginning of our interview with her, she didn’t hesitate to divulge things that most other electrical contractors (ECs) would be reluctant to share.

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Working Capital Management
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Electrical contractors generally use net profit levels as the primary measurement of their success, but cash is the lifeblood of daily operations. Even profitable companies can fail without a healthy cash flow.

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Hot Markets: Government And Municipal
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According to “The Federal Commitment to Green Building: Experiences and Expectations” report from the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy, the U.S.

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