As an electric contractor, you have to be up-to-date on industry standards and technology, but you also have to be business savvy to grow your business. If you’ve reached a familiar level of calls and are thinking of expanding, the following guide offers tips for trying to increase profits. 

3 Tips for Growing Your Electrician Business

1. Network & Develop Relationships

Word-of-mouth referrals are an excellent way to meet new clients and secure future contracts. A large portion of your success as an electric contractor is determined by how well you network.

During your jobs, you’ll likely encounter a variety of well-connected people such as facility managers, engineers, and vendors. If you perform well, they will pass your name to other professionals they know who may also need your services. Actively encourage them to leave online reviews or offer a discount for referring you.

2. Create an Organized Contact Database

Your clients are the key to your success as an electrician, so it’s necessary to keep accurate, up-to-date contact lists. Instead of using a manual Rolodex® or collecting business cards in a box, consolidate all your contacts into a central database. This step will help you keep track of past, future, and current clients, vendors, and other business leads. Though the task may seem tedious, constructing and organizing a database is the first step to keeping lines of communication open with those who will help you grow your business.

3. Find a Quality Distributor

Using low-quality electrical supplies and tools can weaken the services you provide and lead to customer dissatisfaction. You could also find yourself paying high costs for supplies, which you will then have to pass to the customers to maintain your profit margin. It’s best to shop around for a wholesale distributor that has the items you need at a reasonable cost so that you can keep your service prices low. 

As an electric contractor, you need high-quality electrical supplies to meet the needs of your business. Husker Electric Supply is one of Lincoln, NE’s leading sources for electrical supplies at affordable prices. For more than 40 years, this wholesaler has provided customers with the equipment they need to complete their jobs, including panel boards, heating equipment, and circuit breakers. Request an estimate today by calling (402) 467-4624 or visit them online to learn more about their massive inventory.