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.
If your firm has fallen into the doldrums, perhaps it is time to take an introspective look at your business with an eye toward shifting gears. Maybe it is time to become a more aggressive player in your marketplace.
Electrical contractors, historically speaking, are not avid fans of sales, marketing and promotion. However, the key word in that sweeping statement is “historically.” Things have changed and so should contractors and their views regarding such business management tools and techniques.
If you are an electrical contractor who offers voice/data/video, fire or other low-voltage systems and services, you’ve probably been getting more inquiries from end-users who want to retrofit their aging security systems.
Just like Tom Cruise’s character in the movie “Top Gun,” your customers “feel the need for speed” in their Internet connections and networks. A recent FCC report on high-speed Internet access showed that broadband Internet access increased by 55 percent in the United States in 2002.
There’s going to be a skilled worker shortage later in this decade. If the economy continues to rebound, shortages might well become severe. What is being done? What might be done? If there are solutions, when will they kick in? This is the second-part of a series looking at the projected problem.
Company tailors service model for each customer Creating a company culture where the mantra is “Nothing’s Impossible” takes the buy-in of every worker, top-to-bottom. That’s what Shepherd Electric Supply, with two branches in the Washington, D.C.
Before we even begin to talk about the system side of CRM, we should breeze through a quick overview of what exactly CRM is and what it essentially means. You cannot read a magazine, business journal, trade publication or newspaper without seeing this term thrown around like crazy.
Electrical contractors working for utilities or interested in a growing niche market might do well to investigate opportunities in distributed energy resources (DER). They are parallel and stand-alone electric generation units located within the electric distribution system at or near the end-user.
It’s been said that opportunities in solar power photovoltaics—abound for electrical contractors. True or false? You be the judge. Thirty-five states provide some type of solar incentive, ranging from sales tax and property tax waivers to investment credits.
As healthcare professionals in local hospitals and nursing homes are now taking advantage of the latest technologies in nurse call paging systems, they are also paving the way for new opportunities for electrical contractors.
In 1903, Orville and Wilbur Wright flew their airplane for the first time. Could anyone have imagined the importance of the airline and air freight industries back then? Perhaps you’ve already ruled out e-business. But it’s only 1910 in the online world.
Finding the right team is only the first step The popularity of design-build as a project delivery system continues to grow in the United States as more and more owners embrace it. There are a variety of ways that your firm can become involved in this growing market.