FROM THE FIELD

Using a shared source for daily progress updates, job notes and other feedback can save big bucks.  From daily service call histories to small change orders, using a shared feedback system can put thousands of dollars back in your company’s pocket.  The ability to post and share information in real-time keeps work moving without interruption, [...]

From 20-minute side jobs to multi-thousand dollar scope changes, change orders share a simple common denominator - keep work moving, track the information somewhere and establish a clear proper protocol for approvals. Here are some of the most common scenarios that we witness on a regular basis. SCENARIO ONE - “WHILE YOU ARE HERE” A [...]

Healthy cashflow is something we all want for our business, but should you utilize your billable workforce to do your billing and collections?  This is one of the top questions for growing electrical contracting businesses.  At first glance this is a no-brainer, especially for companies who do a lot of T&M work.  After all, who [...]

Have you calculated everything into your established overhead margin, including changes to the business that happen over time? Do you know what your true operating costs are? The better your understanding of this value is, the fewer surprises you will find in your balance sheet at year’s end. Before digging too deep here, this piece [...]

Are your quotes kept where everyone (authorized) can find them?  How do you track revisions? How quick do you get your quotes out? An efficient and reliable quoting process will keep you on the competitive front edge, win more bids and improve job profitability. Inefficient and unreliable quoting systems are top of the pain list [...]