Even under optimal circumstances, it is difficult to control risk in the construction industry. Owners have certain advantages because they control the purse strings and often can obtain performance security in the form of surety bonds, letters of credit, guarantees or other protections.
You might have heard horror stories of partnerships ruining companies. That is why most electrical contracting companies are officially organized as corporations, not partnerships. However, corporations may be surprised to find a silent partner at the end of the day.
If the stock market makes you nervous with its volatile ups and downs, you may want to take a good look at a more conservative alternative to stocks—municipal bonds. Mention tax-free municipals to some investors and you will be greeted with a big yawn.
Part 1 of this series outlinedsome possible reasons for deciding to sell your business, the concept of fair market value and some factors that will influence the potential value of your company in a sale.
Roger Langer of Langer Electric Service Co., Miami, has been thinking green for years, and its about more than just money. Langer has been thinking about the environment ever since his company started working on green buildings in his area a few years ago.
According to the most recent data from the United States Fire Administration, home electrical problems are responsible for an estimated 67,800 fires every year, resulting in 485 deaths, 2,300 injuries and more than $868 million in residential property loss. The U.S.
As one technology catches on, so does another. According to the Scottsdale, Ariz.-based market research firm, In-Stat, Voice over Internet Protocol (VoIP) usage is up and will continue to grow. The firm reports that 20 percent of U.S.
According to the San Jose Mercury News, more homeowners and homebuilders are considering solar power as the government provides more incentives and concerns regarding climate change and energy prices increase.
According to the Los Angeles Times, California Utilities and Commerce Committee approved legislation that would prohibit the sale of incandescent light bulbs by 2012. The committee passed AB 722 in a 7–2 vote.
Coupled with impressive growth in its broadband subscriber base, the Asia/Pacific region is standing at the forefront of the fiber to the home/node/business (FTTx) evolution, according to the high-tech market research firm In-Stat, Scottsdale, Ariz.