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. 

Once again, I was inspired to write after reading a post in a LinkedIn construction group. The article, “If I Own a Drill, Does That Make Me a Dentist?” laments the belief that simply buying a tool makes one a skilled craftsperson.

From left: Greg Cummins, Ed Schuler and Kevin Rickett

Smarter materials management is especially beneficial in electrical service work. Service electricians are constantly confronted with the challenge of obtaining materials while striving to minimize the amount of lost time, back-and-forth travel and rush charges that inevitably follow.


Klein voltage tester with flashlight

One of the most basic tools every electrician carries is the noncontact voltage tester. Essential complementary tools include circuit breaker finders and tone probes for tracing wires. Scanning devices are able to see through walls and floors to identify wires, conduits and other objects.





A recent World Wildlife Fund survey found that almost half of Fortune 500 companies have at least one climate or clean-energy goal. It’s good business to be eco-friendly, and the construction industry has made great strides in going green without sacrificing profits.

More on Your Business

 
Net Neutrality Battle Lines Drawn


Dramatic policy shifts are to be expected when new administrations step into the White House. This includes regulatory actions, which don’t require the president’s signature.


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New York Increases Penalties For Unlicensed Electricians

According to the New York City Council website, on March 21, Mayor Bill de Blasio enacted Introduction 247-A, a bill which amends the New York City administrative code to increase the civil and criminal penalties for performing electrical work without a license.


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Rooftop Solar Digital Marketplace Arrives In Australia


A digital marketplace is changing the way electricity is produced, traded and consumed in Australia. Two pilot programs, each including about 5,000 households, will allow homeowners with solar panels and batteries to trade electricity in a digital marketplace—the first such network in the world.


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DOE Innovations Win Awards


In January, the United States Department of Energy (DOE) announced that several of its Energy Efficiency and Renewable Energy (EERE) supported technologies won awards in R&D Magazine’s R&D 100 Awards, which the DOE called the “Oscars of Innovation.” A number of these technologies concern ele


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A Little Heavier Reading: Laboring Over Change Orders, Part 3


Last month, we discussed the direct costs associated with a change order: labor, material, equipment and other miscellaneous costs directly related to the change order. Now, it’s time to look at your indirect costs, starting with overhead.
 Overhead



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Advertising In The Residential Service Business

Electrical contractors who have built a successful business in commercial or industrial construction are quick to offer very standard explanations as to why they never pursue residential service work.



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Milwaukee Tool offers a full line of SDS plus cordless rotary hammers.
Cool Tools: Rotary Hammers 2017

A hammer drill may be sufficient for drilling small-diameter holes in soft masonry, some metals and other materials too hard for conventional drills, but when tackling harder materials, such as concrete or cement blocks and brick, a rotary hammer is the most efficient.


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