In journalism, it’s conventional to tell readers the who, what, where, how and why of a story, and that’s what we’ve done in interpreting the survey results from the 2004 PROFILE OF THE ELECTRICAL CONTRACTOR.
Concerns about the efficiency and reliability of electricity are prompting new responses by federal and state government agencies, utilities, associations and product manufacturers. They could provide new business for electrical contractors if you can position your company for these opportunities.
New opportunities for ECs continue to emerge in the government market Opportunities abound in the government sector for the knowledgeable and persistent contractor. Most contractors avoid bidding on government projects because they are often complicated and laden with paperwork and procedures.
Are there jobs for you in the nuclear power market? According to the World Nuclear Association, a recent study determined that nuclear energy incurs about one-tenth of the financial cost of coal to produce electricity.
Even behind-the-scenes employees can help the effort Many estimators think of marketing as something that is done by others in the company. However, electrical contracting is a changing industry, and these days estimators are part of the marketing team.
Electrical contractors have had their appetites whet. They see promise in a host of voice/data/video and integrated systems and are approaching the market with a newfound sense of excitement regarding turnkey solution contracting.
Handing over the family business is never easy Electrical contracting firms are mostly small family businesses and are going through a generation transition in the United States. It is predicted by the year 2013, nearly $4 trillion in assets will be transferred to the next generation.
Hospitals must employ a variety of security measures Odds are that the recent upsurge in spending in the healthcare field will be a long-term condition that could provide a cure for the electrical contractor whose checking account definitely needs a “vitamin boost.” Hospital administrators and secu
The corrections industry offers plenty of work for contractors As the population of prison inmates continues to grow, there is a corresponding challenge to design correctional facilities that can be built both quickly and on budget.
Online auctions present significant opportunities If you’re one of the millions of consumers who has caught the online auction bug, you already know that you can make—or save—some serious coin on the Web, simply by knowing your way around the online auction community.
This year should stay even with 2003, with a dip in housing and an upward blip in nonresidential. However, 2005 may be a big year all around. Bureau of Labor Statistics data claims 781,400 field workers were employed in electrical construction, on average, from July through September of 2000.
Since the fiber optic “bubble” burst a couple of years ago, employment ads for fiber optic installers have been scarce. But are real jobs still available? If so, where are they? Is the outside plant market dead? What about premises applications? What technologies are driving new installations?
How does a family business exist? In this world of business conglomerates with clearly defined structures, and multicultural specialty workforces, how can family business survive? In the United States there are 22.4 million businesses and 90 percent are family owned and/or managed.