Traditional power and lighting projects remain the main source of income for the majority of contractors.However, contractors are diversifying into other areas of work, such as home or industrial automation, green energy and communication systems, according to the 2012 Profile of the Electrical Contractor survey.
Contact electrical retailers and do-it-yourself stores about opportunities to become their recommended electrician for customers who need installation for products like home entertainment systems, security systems or home automation.
Quality of service, word-of-mouth referrals and relationships with construction industry professionals are key to success for small contractors.
Whether you need to write a business plan, legal contracts, proposals, business letters, board resolutions, policies, spreadsheets or any other business document, simply fill in the blanks and get the job done in minutes!
Small businesses dominate the electrical contracting marketplace with around 80 percent of firms employing less than 10 people, according to First Research.
Basically, the global talent shortage means that if you’re thinking of setting up an electrical business, RIGHT NOW is the perfect time to dive in.
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The first step is to explore why you want to start an electrical business in the first place. Maybe you crave flexible hours that free up more time with your family?
In most states, you will need an electrical contractor license. In certain states, you may need local permits for compliance with public safety, diversity, and occupational health and safety legislation.
The National Electrical Contractors Association provides a guide to individual state requirements. You can obtain details of local requirements by using the Business Licenses and Permits Search Tool available from the U. Take out insurance to cover your premises and equipment, as well as public liability and professional indemnity insurance.
You may wish to operate your business from home, but check local zoning requirements before setting up operations.
Contact real estate agents to buy or rent commercial premises with the space to accommodate an office area and storage for supplies and equipment.