The Financial Lessons of 2008 and Your Business

Brian Weckman – Chief Financial Officer & Partner, Electric Ease This week we’re kicking off a blog series talking about the business effects and lessons of the financial crisis and Great Recession of 2008.  If you lived through that period as a business owner, you undoubtedly have a several scars and a few memorable stories that will stick with you …

Partnering with Suppliers to Decrease Job Cost

Day 3 – Partnering with Suppliers to Decrease Job Cost Do you remember vehicle shopping before the internet? People shopped several dealerships in search of the best price. Some would wait for inventory closeout and prices to be slashed. While haggling was as much part of the buying process as selecting a vehicle, with the evolution of the internet, people can …

Understanding Labor Cost

Day 2- Understanding Labor Cost “Do you know your labor cost?” Standing in front of a group of 80 like-minded contractors at a business conference, I answered “yes.” The tone in my voice gave way to the real answer of – “I’m not sure.” I already knew what the follow up question would be… “What is your labor burden?” I was …

What is Gross Profit?

Over the next few weeks we will be discussing gross profit margin. We’ll take a look at what gross profit is, what it means to your company, and how to calculate labor burden and make proper adjustments to labor on a project. Also, we’ll have some money saving tips to help increase your gross profit. Day 1 – What is …

3 Ways to Easily Increase Your Profits!

For those who want to increase profits in their business (who doesn’t) you may feel like the only answer is adding more man power and taking on more work.  It’s true you will increase revenue by taking on more work, and generally when you add more manpower you are able to go after more work and even larger projects. But …

More Free Time – Part Four – Scope of Work Master (SOW)

Electrical Estimating Software - Electric Ease

Once set up, the Electric Ease Scope of Work Master can be used to quickly construct service type projects in a few quick clicks.  Simply open the SOW and add common verbiage used for service jobs or service tickets, then when the call comes in you can quickly add service items by category to your scope.  Let’s look at a …

More Free Time – Part Three – Smart Capture Auto-Fill Scope Letter Feature

Electrical Estimating Software - Electric Ease

This will be a multi-post blog talking about the speed and easy features that Electric Ease has built into its system to help give you more free time!  We will go in-depth talking about the different SPEEDTM features that can be easily applied while you are completing your estimating and management processes.  Features that we’ll cover include: SPEEDTM – our …

More Free Time – Part Two – One-Click Estimate Email

This will be a multi-post blog talking about the speed and easy features that Electric Ease has built into its system to help give you more free time!  We will go in-depth talking about the different SPEEDTM features that can be easily applied while you are completing your estimating and management processes.  Features that we’ll cover include: SPEEDTM – our …

More Free Time – Part One – SPEED

Electrical Estimating Software - Electric Ease

This will be a multi-post blog talking about the speed and easy features that Electric Ease has built into its system to help give you more free time!  We will go in-depth talking about the different SPEEDTM features that can be easily applied while you are completing your estimating and management processes.  Features that we’ll cover include: SPEEDTM – our …

Residential Electrical Estimating Software

Are you a residential electrical contractor looking to better your profits, manage more efficiently, provide more accurate estimates and offer clean professional scope letters?  Have you searched the internet aimlessly and downloaded every “free” trial version of estimating software that exists only to find the software is geared towards large commercial type projects?  Are you using homemade versions of excel …