Electrical Estimating Blog
Electrical Estimating Blog covering various topics on running an electrical contracting business from organization to time management and more. Check back often for new blog posts.
When weighing the options of performing an electrical estimate or hiring an outsource electrical estimating service there are a few things to consider, one of those things to consider is the time involved with the electrical take-off.
An electrical estimating service frees you up to focus on the jobs themselves and manage them to ensure better profits. However when you perform the electrical take-off yourself you're investing a lot of time that could be spent elsewhere.
Knowing how to estimate electrical work so you do not short change yourself takes a little preparation. If you incorrectly estimate a job, it can either cost you the job or it can be more expensive to complete than it is worth.
To ensure you are properly estimating a job, take these steps and tips into consideration.
Outsource electrical estimating services can usually save you about half the cost of hiring a full time estimator. This will also provide you with the resources to bid more work which should help you win more jobs.
Stan Shook wrote an article in the February 2006 issue of ECmag titled: "Hire an Outsource Electrical Estimator".
In this highly competitive industry, you need to bid more work than you are capable of doing. Most of this work comes with unforgiving deadlines and requires many hours of estimating. Hours you don’t have. Estimators you don’t have.
So, what do you do when you need another estimator or an entire team? You just can’t pick up the phone and hire one. Or can you?