Category: Electrical issues

No company wants to go out of business, yet many, including electrical repair businesses, do. According to the SBA Office of Advocacy, two-thirds of all small businesses fail within the first year. Here are some of the reasons why small electrical repair businesses fail and what you can do to avoid the failure.

1. Starting an Electrical Repair Business for the Wrong Reasons

Some electricians decide to go out on their own after working for aelectrical contractor for several years. Although these electricians may have the skills to do electrical work, they may not have the business sense to successfully manage a business. Over time, their enthusiasm wanes and they are forced to close shop.

You are likely to succeed if you start an electrical  business for the right reasons. To succeed, you must be passionate about electrical work, have a positive mindset to keep on when others give up, and be willing to learn new skills that will help you successfully manage your business.

2. Insufficient Capital

Starting an electrical repair business without sufficient capital sets the business on a path of failure. Some electricians underestimate the dangers of operating an electrical company without sufficient capital. Some even resort to using their credit cards to fund their businesses.

This is exactly what caused one certified electrician to lose his business. He was used to a regular paycheck while he was employed and did not realize that he may work for weeks or months before clients pay up for electrical services such as electrical repair and electrical panel upgrades. Faced with cash flow problems, he was forced to take up loans to finance his business. Eventually, he was forced to close his business and find a job in another firm.

It is important to protect your capital to cushion you against the perils of your business. Consider getting liability insurance for your business because you may be sued even when you have not made a mistake and may be forced to spend significant amounts of your capital to deal with the lawsuit.

Before you start an electrical repair business, determine how much money you will need to cover startup and operational costs for the first couple of years. Consider sitting down with a financial advisor to discuss your plans.

3. Lack of or Inadequate Planning

This is one of the most common reasons why electrical repair businesses go out of business. Many times an electrical contractor is  focused on achieving their dreams of financial independence.  Create a strategic plan for business. Factors such as marketing budgets and analysis of workforce needs as well as competitors may have significant effects on the success of your business. Take time to create an effective strategic plan for your business.

4. Poor Management and Leadership

Effective management and leadership have great effects on the success of your electrical repair business. Lack of management and leadership can cause numerous problems, which may lead to poor morale and decreased productivity.

Prioritize the acquisition of skills that will strengthen the areas you know you are weak. Read books on leadership and management or sign up for management and leadership courses online or at your local university. As a certified electrical contractor, your employees look up to you to provide leadership, so lead.

Many electrical repair businesses fail within the first year of operation. It is important to understand the problems that could cause your business to fail so that you can avoid them.

 

We would like to take this opportunity to thank the best Pearland tree service for helping with this post. If you are looking for Stump grinding then click the link. Thank you.

How Much Do Local Electricians Make Working for Someone Else?

Although some electricians learn their skills in technical schools, many learn their skills through on-the-job training. According to the Bureau of Labor Statistics, apprenticeship may involve more than 140 hours of instruction in various topics including electrical theory, codes and blueprints. In addition, most states require electricians to fulfill licensing requirements. Electricians receive decent compensation mainly because of the rigors of their wok and the level of training involved. On average, electricians who work for other people earn more than $50,000 per year.

Average Wages

The average salary of a full time electrician as of May 2011 was $52,910 annually per year, notes the Bureau of Labor Statistics. This is equivalent to an hourly wage of $25.44. This statistic is only for electricians working as employees and not self employed contractors. More than 90 percent of electricians in the U.S. work for someone else.

Range of Wages

There are wide variations in pay for electricians because of various factors. Highest earning electricians have an average annual income of $30,390 or an hourly wage of $14.61. To boost income, many electricians work overtime.

Advancing from Journeyman to Master Electrician

One of the first steps in earning the distinction of master electrician is becoming a journeyman. To become a journeyman, you are required to have a two-year degree or certificate in a related electrical course. Journeyman is considered the main licensing qualification for master electrician. You may also become a journeyman by acquiring four years of experience working under a master electrician. In addition, a journeyman must pass a licensing exam.

Job Description

Unlike journeyman electricians, master electrician are certified to supervise other electricians, own private electrical businesses, and work as licensed electrical contractors. The main roles of journeyman electricians include designing electrical plans, installing wires and lighting fixtures, and maintaining electrical appliances. Journeyman electricians also interpret blueprints and electrical diagrams.

Education Requirements

Earning a college degree provides a firm foundation for becoming a journeyman electrician and eventually, master electrician. Aspiring electricians may choose to complete diploma or associate degrees in related fields. Some of the courses that you may have to cover include wiring, electrical codes, electrical heat and safety, and blueprint reading. Many colleges that provide electrical-related courses link graduates with employers interested in recruiting candidates seeking apprenticeships. You can apply to be licensed as a journeyman electrician once you finish three years of supervised on-the-job experience.

If you want to become a master electrician, you will have to work a year as a journeyman electrician before applying for a licensing exam. Master electrician licenses must be renewed every two years and continuing education is part of the requirement for remaining licensed. However, state requirements for master electrician certification vary.

Years of Experience

Becoming a master requires several years of experience. In addition, master electricians who own private businesses need to establish reputations and referrals to attract new customers and keep their businesses afloat.

The job market for master electricians is expected to grow in the next couple of years mainly due to growth in alternative fuels industry.

 

This post was made possible by our sponsors at  Carpet cleaners Meriden.  If you are looking for the best in carpet cleaners then come check us out.

One of the big and famous provinces in Canada is Alberta and Edmonton is the capital of this province. Usually, Edmonton is a cool weathered city but the people of this city are very vibrant that various events are held all year round. Are you from Edmonton? Do you need an electrical contractor for your home or office? Don’t worry; here I’m bringing detailed information about the electrical companies in Edmonton.
As the Edmonton is famous for the different events, definitely there has a lot of task of the electric providing companies. Here I’ll brief some top famous electric companies in Edmonton for your easy selection.

1.The Edmonton Electrical is one of the best electrical companies in Edmonton. They promised to give you top-quality electrical services at both your household and office. They claim that they have experienced professionals of Sherwood Park electrician, Spruce Grove and Stony plain electrician, Leduc electrician, St. Albert electrician, Fort Saskatchewan electrician and Devon electrician. If you need any service from these professionals then you can just make a call and they will be at your service.

2. To keep your home and office lighten and warm, there is a lot of Electrical Companies in Edmonton. Some of them are committed to providing their service to you 24/7. They may offer you some excellent benefits as you chose any of them.
The professional electrical is one of the famous branded electrical company in Edmonton. They claim that they are fully professional and you can completely trust them. They also offer 100% satisfaction guarantee and service and repair guarantee.

3. CA Electric establish in 2017. Comparatively, it is new than other competitive electric service suppliers in the market according to their establishment date, but they claim that they have an experience of more than twelve years in this industry.
They offer more than fifteen verified business service in Edmonton. They committed to providing your all electrical goods and instrument that you need. According to their statement, they are specialist in lighting your home and office. They are doing also very good in installation work like motor control, PLC programming and set up and instrument calibration. They remain available 24/7 for your service.

4. Now let us talk about Blue Chip Electrical. They provide their services all over the Edmonton and surrounding areas. Blue Chip establishes their office in 2017 after a long time services of 13 years in the market.
They have already set up a big verified business area including about twenty-four service offers. They claim that they are specialists in solar panel and both commercial and residential wiring. They are available seven days a week from 9AM to 5PM. They are committed to giving a response within 30 minutes after making contact, and their response rate is 100%.

5. Robart Electrical Service is quite an old service Provider Company in this sector. It was started in 1984. This family-owned company is committed to providing you the best professional services at a fair rate. The owner of this company Mr. Rob S said that when he was 20, at the first time he worked electrical work in his families garage. He was just fond of this job and decided to be an electrician. And now he has become one of the most successful electrical company owners with the support of his family.
Mr. Rob S claim that his company is a specialist on upgrades to the household electrical service, residential renovations especially kitchen and basement, fire alarm upgrades in both home and office, official renovation and construction new office, aluminum wiring and cornerstone approved contractor.
Robart Electrical Service remains open seven days in a week. They provide services Friday to Monday from 8 AM to 4.30 PM and just Saturday and Sunday it remains open twenty-four hours.

6. The last one of the list is Marshal Electric. It establishes in the year 2012. Mr. Joel B. is the business owner of this company. For making a career as an electrician Joel gathered experience by working in various electrical supplier companies from 2004 to 2008. In 2008, he joined another electrical company. In 2012, finally, he decided to work his own job and formed Marshal Electric.
Marshal Electric offers more than ten verified business services. According to their statement, they are specialist on new creation and renovation of kitchen, bathroom, basement, and garage. Besides this, they also very experienced in installation and repairing of lighting or energy efficient upgradation, switch and outlet installing, upgrade breaker panels and meter servicing, air conditioner control, and power wiring.
They remain open six days in a week from 8.00 AM to 8.00 PM. Only on Sunday, they remain close. They are committed to giving a response within one day after you had made contact.
Though in Edmonton, there are a lot of electrician companies active in here and there, these six electrical companies in Edmonton are noted for their reliable and affordable service, but before you get anyone for your job make sure they are able to do the job.

This post was made possible by our sponsors. Click here to check them out. The best commercial demolition contractors in Jacksonville, Florida.