Electical Contractor

Although banks are traditionally the place where small businesses go in search of financing or help in maintaining cash flow, according to an article in Associated Content, some small businesses are seeking out alternative sources of funding and advice.  One such alternative source is an account rec

Contract language may not give you much leeway There are two equally important concepts in contract law that every contractor needs to know: What does the law mean and how is it applied?  

NEW ORLEAN'S controversial emergency ordinance allowing owners of residential properties to waive city electrical inspections expired July 31, but three days later the city council voted to extend the measure until Dec. 31, 2006.

There’s an old Lefty Frizzel song with the lyrics: “If you can’t keep your promises, please don’t make them, my dear.” Lefty probably did not know it, but that song sums up the Spearin Doctrine in construction contracts.

I have a friend who is a mid-sized electrical contractor. His work is evenly split between commercial and residential, with contracts ranging in value up to a few hundred thousand dollars.

Civil litigation, whether involving personal injury or contracts, has one set of rules of “discovery.” Discovery means that the other side is permitted to find and (discover) all information you have concerning the disputes in the lawsuit.

This unfortunate circumstance occurs every day: A company, concerned about mounting claims and litigation against it, decides to get rid of its assets by conveying them to the company owners, shareholders and others.

In last month’s column, we outlined the procedure for establishing a risk management plan, a checklist of ways to prevent employee-related losses and the conditions favorable for fraud to occur. Internal crimes tend to follow common patterns.

In 1997, U.S. Customs and Border Protection (CBP) began a nationwide program targeting electrical merchandise with counterfeit Underwriters Laboratories Inc. (UL) certification marks being imported from Asia.