Eaton
Published by Kerrwil Publications Limited with support from the EFC
Volume 2 • Issue 38

MESSAGE FROM THE EDITOR

Being an entrepreneur can't be improvised, only learned

In this issue, we continue our series of articles on tools that can help you better manage your business and maximize new media marketing opportunities. Also, tools to help ensure the fees we quote for projects balance the need to stay competitive and make a reasonable profit. After all, you're in business to make a living. This includes growing your understanding of best business practices, your use of social media and, of course, your technical expertise. In our industry, it's the crux of the issue. Good reading!

Line Goyette
Managing Editor
linegoyette@kerrwil.com



CHANGING SCENE

Lumen: Sonepar Official Opening of Lumen's New Distribution Centre in Laval, PQ
Friday, September 18 marked the official opening of Lumen's new distribution centre in Laval, with manufacturers, suppliers, customers, and users all taking part…
BCEA Awards BC Electrical Association Seeks Award Nominees
BCEA has issued a call for nominees for five awards. Deadline for submissions: November 13…
EAM Manitoba Hydro and EAM to Develop a Best Practice Guide
Manitoba Hydro and the Electrical Association of Manitoba are looking for experienced individuals to contribute to a "Planning a Reliable Variable Speed Drive Installation" best practice guide...

Best Practices

Don't Underestimate Your Estimating System's Potential

By Shawn McCadden
Shawn McCadden Knowing what to charge clients for the work you do is often the difference between long-term success and eventual failure for the business. Many contractors look at estimating simply as a way to determine the cost of a project. In the traditional design-bid model of project delivery, this simplistic approach may work, assuming your price generates enough gross profit to cover your overhead and profit requirements. However, if your current estimating system is limited to only producing the number you charge clients for a project, you may be missing out on many other possible benefits... Read More

Marketing

How Contractors Can Capitalize on Social Media

Contractor Social Media There are more than a few ways you can find a contractor in 2015. Which one is most popular, you ask? There is not a single correct answer to that question. Many people will use any and all means at their disposal to check on a potential contractor before even giving them a call. The best way to bring in more customers to your business is to reach them where they search for contractors online. This guide will give you the basics on how to execute a solid contractor marketing strategy... Read More

Economy

July New Housing Price Index Up 0.1%, After a 0.3% Increase in June

July Housing The combined region of Toronto and Oshawa was the top contributor to the increase, with prices up 0.3% over the previous month. Builders reported market conditions and higher labour costs as the main reasons for the gain. The census metropolitan area (CMA) of Hamilton (+0.6%) recorded the largest price increase in July. Builders cited market conditions as the primary reason for the advance, the largest in that CMA since June 2014... Read More

Survey Says

ALTTEXT

What Contractors Buy

Among 13 purchasing categories, almost 90% of respondents buy wire and cable but only 44% buy cabling. See what's in between…

Read More

Survey Says From Recent Issues

New Products and Solutions

Standard G9 LED lamp

Standard G9 LED lamps: A Wide Variety for All Applications

Standard's G9 lamps offer bright and crisp white light in a very compact profile, while minimizing energy and maintenance costs, and generating less heat compared to halogen equivalents. Available in 3 colour temperatures, they are perfect for chandeliers, small spaces and give a wide beam of light...
Liteline LED Fluorobar

Liteline LED Fluorobar: 6 Lengths Linking Up to 10 Fixtures

A linear light expandable to a maximum link of 10 fixtures, the LED Fluorobar comes with a built-in on/off switch and no shadow linking connector. It has six lengths to choose from, is dimmable, can be hardwired, and is available in 3000K, 4000K and 5000K colour temperatures...

EIN's TRAINING & EVENTS CALENDAR

Calendrier

Training, networking and professional development opportunities for members of Canada's electrical industry.

EFC Economic Forecast Forum
September 24
Brampton, ON

IAEI Canadian Section Meeting 2015
September 24-26
Regina, SK

Greenbuild International Conference and Expo
November 18-19
Washington, DC

View all Events

Current Copper Prices

Monitor daily and 6-month $US prices for copper — the preferred electrical conductor for most categories of electrical wiring.

View Current

THE ELECTRICAL STOCK MARKET

Track the stock market performance of 25 publicly traded electrical equipment suppliers and electrical wholesalers. Updated weekly.

View Current

Electrical Industry Newsweek is published by Kerrwil Publications Limited with support from the EFC
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