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. 

Hundreds of jobs have been “mothballed” or put on an extended hold status. It occurs with home-renovation projects, power plants, marinas, dentists’ offices and automobile manufacturing plants, to name a few. Every case is unique, yet almost all instances eventually boil down to money issues.

Understanding and accepting 
change is important in any walk of life, but especially so in electrical construction. I’ve seen how innovations in technology have affected the men and women in my business, and it’s exciting to be a part of it.

Tools, such as Milwaukee’s M18 FUEL hex impact driver kit, are available to rent.

These days, almost anything can be rented, and the rental industry has done a good job making consumers and business owners aware of the benefits of renting versus owning.

In September, the Occupational Safety and Health Administration (OSHA) awarded $10.5 million in safety and health training grants to 77 nonprofit organizations, according to a press release from the U.S. Department of Labor (DOL).

More on Your Business

 
The Millennial Difference

They’ve been discussed, analyzed and editorialized. Popularly known as “millennials” (ages 20–34), this generation numbers some 66 million and has become the nation’s largest labor market.


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Decisions, Decisions: Cognitive Bias in Individuals, Groups and Organizations

Various internet sources claim that adults make an average of 35,000 decisions each day. While that total may be in dispute, it highlights the constant activity our brains are in deciding on matters both inconsequential and life changing.


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Honing The Competitive Edge

Today’s contracting environment is characterized by tools that enable productivity. This includes technology solutions (such as project management software) that enable building operators and contractors to monitor and measure project completion.



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Fire at Power Plant Causes Island-Wide Blackout in Puerto Rico

Most of the 3.5 million residents of Puerto Rico have spent two days without power as the result of a fire at Aguirre power plant in the southern town of Salinas, according to the Associated Press.


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Prefab Homes Can Now Be Energy-Efficient


Prefabricated construction has always been a convenient time-saver for contractors. In addition, more contractors have begun to focus on building energy-efficient homes and other structures.



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Missouri Governor Backs Clean-Power-Transmission Project


In this era when renewable power enjoys tremendous popularity, not all proposals are a slam dunk. Leaders sometimes have to take a stand to help get controversial projects over the hump. In June, Missouri Gov.


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Commercial Building Energy Use On The Decline


In the pursuit of energy efficiency, buildings are a major target. Commercial buildings in particular represent some of the biggest energy users. A new survey by the U.S. Energy Information Administration (EIA) shows that energy use in this sector is declining.



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