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More contractors go bankrupt due to cash flow than because of profitability. EC contractors have little leverage to change owner and GC behavior on payment.
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Being fit in today’s electrical construction environment may be a weakness tomorrow. Today’s fittest may not survive the future environment and today’s unfits may be tomorrow’s survivors. It is not the “fittest” that survive; it is the ones that are able to adopt and adapt.
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May 11, 2021
The electrical power industry is the backbone of America’s economic sector, supporting more than seven million American jobs. Considering how essential electricians are to society, it is not surprising that electricians’ employment from 2019 to 2029 is projected to have an eight percent growth rate, much faster than the average for all occupations. However,
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