If you’re reading this, you’re probably an electrical contractor. You’ve poured thousands of dollars into your dream, from licensing and insurance rates to overhead and equipment costs. Your commitment is evident, but are...
“All politics is local,” said former Massachusetts congressman Tip O’Neill, who rose to the lofty position of Speaker of the House. Decades ago, when O’Neill was credited with the expression, someone could have made a similar...
Every electrical contractor agrees good project managers are hard to find. The first place contractors usually search for high-promise candidates is among the ranks of their best foremen. In part 1 of this series , we covered...
Staffing shortages have plagued the construction industry in recent years and are likely to continue for the foreseeable future. Part of this larger issue is a constant shortage of project managers (PMs). In boom times or...
Emergencies can occur anywhere at any time, including the workplace. Our immediate concerns, as they should be, are to minimize loss of life and property. But business operations will be affected as well. What can employers...
The latest report from USG Corp. and the U.S. Chamber of Commerce confirm what contractors have known for a long time: It is difficult to find skilled labor. The "Q1 2019 USG Corporation & U.S. Chamber of Commerce Commercial...
It might sound like newfangled science-fiction tech, but China has plans to build the world’s first space-based solar power station by 2050, according to an article in Forbes . The solar power station, owned by the state’s...
A recent administrative law judge ruling in California may pave the way for more private-sector development of the state's mandated distributed energy storage system projects. In September 2016, the state passed Assembly Bill...
The California utility Pacific Gas & Electric (PG&E) filed for bankruptcy protection on Jan. 29, raising some immediate, and financially critical, questions for its customers, suppliers and investors. Answers to those...
There are no guarantees in business except for one: you will eventually exit your business, voluntarily or involuntarily. As the average owner has over 70 percent of their wealth trapped inside their illiquid business,...
At the beginning of the Republic, tariffs were the primary source of money for the federal government. They were, and are, basically a tax. Since then, tariffs have been imposed, and the rates set, for innumerable...
Every January, many of us make New Year’s resolutions. However, sometimes we can’t get through February before we have forgotten about them or we have little internal motivation to follow through. One resolution we should all...
Happy New Year! Now that there is a lot of new construction going on, it is easy to put testing and servicing of fire alarms on the back burner. Since a number of companies will do just that, now is the best time for...
Since 2002, I have written columns and features for this magazine, sharing lessons I learned as a subcontractor, volunteer leader and business educator. During the last few years, I also taught high school and middle school,...
“This place looks like a dump!” bellowed Larry, a service electrician, as he opened the door to his customer’s electrical equipment room. He should have closed the door behind him before blurting out his assessment of the...
The baby boomer generation makes up approximately one quarter of the current U.S. workforce, and each day about 10,000 reach the traditional retirement age of 65. The potential mass exodus of these retirees is creating a...
As the economy improves and unemployment rates decline, it becomes more difficult for electrical contractors to recruit and retain qualified employees. The number of skilled employees available to manage and install projects...
Just 20 years ago, open communication between the trades and management about day-to-day work was not the norm. Herman Ballard wrote in his Ph.D. thesis, “The Last Planner System of Production Control,” it is essential to...
Having a digital presence could boost your presence in the marketplace, make it easier to develop your workforce with job postings and keep people updated about news related to your business. You can start digitizing your...
The most successful electrical contractors choose to invest in assets that enable them to perform efficiently and recruit employees who have the skills necessary to complete their projects to the satisfaction of their...
