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Financial

 
The Urge to Merge
by
Thomas E. Glavinich
| June 2007
| under
  • Systems

The concept of what a building is and how it should function is changing rapidly in the 21st century.

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To Sell or Not to Sell?
by
Denise Norberg-Johnson
| May 2007
| under
  • Your Business

Part 1, deciding to sell

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Six Costly Mistakes
by
William J. Lynott
| May 2007
| under
  • Your Business

And how you can avoid them

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Successful Succession Planning, Part 2
May 2007
| under
  • Your Business

Who will take over?

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The State of Your Estate
by
Denise Norberg-Johnson
| April 2007
| under
  • Your Business

Planning to pass on ownership: The equity in a privately held business is usually the largest asset in the owner’s personal estate, and many owners fail to maintain and update documents that coordinate the business with their personal financial plans; make sure that doesn’t happen to you.

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If the IRS Were an Animal ...
by
Denise Norberg-Johnson
| March 2007
| under
  • Your Business

Spending tax season at the zoo: Remember the party game where you asked, “If you could be any animal, which one would you be?” In honor of the spring tax season, here are a few glimpses of the Internal Revenue Service, morphing into the roles of different animals.

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Pricing for Profit—Part 3
by
Denise Norberg-Johnson
| February 2007
| under
  • Your Business

Planning and philosophy: In the first two parts of this series, we looked at the components of profit calculations, including markup and margin, break-even and contribution; no formula or calculation takes the place of strategic thinking, so the underlying foundation for profitable business is the p

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Pricing for Profit, Part 2
by
Denise Norberg-Johnson
| January 2007
| under
  • Your Business

Breaking even or breaking the bank?

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Pricing for Profit, Part 1
December 2006
| under
  • Your Business

Making sense of markup and margin: When you look at your latest income statement, you probably check the bottom line first; for many electrical contractors, the net profit figure is often a surprise.

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Catching Some Zs
by
Denise Norberg-Johnson
| November 2006
| under
  • Your Business

Don’t fall asleep at the wheel of your business No matter how well you plan and manage your company, you cannot guarantee that you won’t be one of the 40,000 companies filing bankruptcy in a given year. Not all factors resulting in business failure are under your control.

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Looking For The Wizard Of Oz
by
Denise Norberg-Johnson
| November 2006
| under
  • Your Business

The man behind the curtain is you

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Wait a Minute, Mr. Postman
by
Gerard W. Ittig
| November 2006
| under
  • Your Business

Improve written communication by following the rules Have you ever written a letter like this? “Dear Owner/Contractor: We have been in business for 20 years and never encountered the problems we have with this job.

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Sharing with Other Kids
by
Denise Norberg-Johnson
| October 2006
| under
  • Your Business

Financial awareness for employees IF YOU THINK THAT IT IS ENOUGH for you and your managers to understand your cost structure and financial statements, then you may want to consider sharing this information with your entire staff.

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Managing the Flow, Part II
by
Denise Norberg-Johnson
| September 2006
| under
  • Your Business

Regulating cash takes three levels of investment Last month, we looked at key factors affecting cash flow.

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From Lunchbox to Safety Deposit Box
September 2006
| under
  • Your Business

Ten things you need to know about money

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Managing the Flow
by
Denise Norberg-Johnson
| August 2006
| under
  • Your Business

The Federal Reserve Board has a new chairman, new housing construction is slowing, the new bankruptcy law makes it difficult to avoid creditors and unemployment levels seem to fluctuate daily.

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On the Cutting Board
by
Mark E. Battersby
| July 2006
| under
  • Your Business

After many months of wrangling, the $70-billion, Tax Increase Prevention and Reconciliation Act of 2006 is now a reality.

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An Ounce of Prevention ...
by
Denise Norberg-Johnson
| July 2006
| under
  • Your Business

Finding Planning time is difficult when you are chasing work in a competitive economy, and nearly impossible when you are booked to capacity.

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Power Hour
by
Denise Norberg-Johnson
| June 2006
| under
  • Your Business

Why don’t electrical contractors spend more time reviewing their financial statements? How much time does it really take to do a financial self-examination? Do you have to be an accountant or financial wizard to evaluate the status of your financial health? It might be easier than you think.

READ MORE
 
ESOP’s Pitfalls
by
Denise Norberg-Johnson
| May 2006
| under
  • Your Business

The first two parts of this series have explored the concept of the Employee Stock Ownership Plan (ESOP) and the potential advantages of establishing one for your contracting business. This month, we will discuss some of the possible pitfalls.

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News and Announcements

IDEAL Gives Away First of Four SignalTEK II Cable Qualifiers
ESFI Encourages "Electrical Safety for All Ages" During 2013 National Electric Safety Month
Milwaukee Receives 2012 Leader in Sustainability Award
Leviton Receives $1 Million Funding to Install Electric Vehicle Charging Stations throughout New York
Bridgeport Found in Contempt in On-going Legal Battle With Arlington
Southwire Circuit Wire Management System Eliminates Wire Spool Hassles
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