Factors To consider when selecting a Commercial Electrical Contractor

Whether you are looking to retrofit an area of your office, or you need to redo the whole building, hiring a commercial electrical contractor can be a very cumbersome task. You may be overwhelmed by the options available to you, but bear in mind that not all contractors offer the same standards of service. It means that you need to ascertain that your chosen contractor can fulfill your requirements aptly. Let’s take a look at some of the factors you can consider when looking for commercial electrical contractors bendigo.

Look for recommendations

Reach out to your network in order to get recommendations from friends, colleagues and other business acquaintances. Ask them about the nature of their projects and if they were pleased with the finished project or not. You can also reach out to your local electrical and hardware supply stores; they usually have a list of contacts of professionals in the area.

Remember that you aren’t just going to be working with the business owner when working on your project. To ensure that you don’t end up being a robbery victim, go with the company that conducts thorough background checks.

Verify their credentials

Going with the lowest bid for your project may sound enticing, but you need to ensure that your contractor has the appropriate licenses. A licensed contractor is required by law to carry their worker’s compensation along with liability insurances against any accidents and injuries that may occur on your premises. Hiring someone without these is opening yourself and your business to risk, so don’t hesitate in asking the company for a copy of these things. It’s very common and every contractor should have all this information readily available. Doing so will allow you to see if their license is active and valid.

Check commercial experience

When shortlisting from a handful, remember that the cost is just one of the factors that should govern your decision. It is just too risky to hire untrained or fresh contractors for your commercial project. Choose a company with commercial experience to ensure that all your requirements are met aptly.

If you feel like you can’t make the decision on your own, reach out to the local groups that evaluate such products and services. It’s a great way to check up on a contractor and get to know if they have any complaints against them, and if there are, you should think twice before moving ahead with them.

Reviews

Having shortlisted a handful of contractors by this point, start pulling up their reviews. You can use social networks to your benefit and check up on the contractors. Through social media, you should find out as much as you can about the contractor and hire them once you are satisfied.

BUSINESS CONSULTING BUSINESS ENTERPRISES

THE BUSINESS CONSULTING OF THE MESTIERE IMPRESA NETWORK

Do you need strategic advice to know how to internationalize your business ? Or what is the best way to manage corporate payment systems? The Mestiere Impresa network provides targeted advice to all companies thanks to BNL experts. There is a consultant for every need.

  1. Arianna Azzolini, Responsible for traditional products and payment systems;
  2. Stefano Belleggia, Green Desk Manager and alternative energy funding;
  3. Giancarlo Cesolari, Product manager of short, medium and long-term loans for companies and small businesses;
  4. Nicolò Gambino, Head of cash management and support for companies for collection and payment services;
  5. Luigi Giordano, Coordinator of international trade and exchange rate and interest risk hedging;
  6. Felice Nencioni, representative of the agricultural sector;
  7. Mario Santilli, Responsible for security solutions for business and businesses

In addition, the Mestiere Impresa network is also supported by a network of BNP Paribas Group partners to whom they can submit all the needs related to their business activity, including:

  1. Artigiancassa Spa, a company that deals with products and services to support craft businesses and SMEs;
  2. Arval Service Lease Italia Spa, leader in long-term rental and management of company fleets;
  3. BNL Finance Spa, a company specializing in the sale of one-fifth of salary and pension;
  4. BNL Leasing Spa, specialist in financing productive investments;
  5. BNL POSitivity Srl, a company specialized in the management of payments made with electronic money;
  6. Bureau Veritas Italia Spa, a company that provides conformity assessment and certification services in the areas of quality, health, safety, the environment and social responsibility in all economic sectors;
  7. Cardif Vita Spa, a company that provides financial and insurance services;
  8. Credifarma Spa, a financial company at the service of every requirement linked to pharmacists;
  9. EnLabs Srl, leading incubator and accelerator for startups in Europe;
  10. Ifitalia – International Factors Italia Spa, a leading factoring company in Europe, operating in 15 countries and 3 continents;
  11. L’Oreal Italia Spa; company that produces and sells perfumery products;
  12. PerMicro Spa, leading company in Italy in the granting of microcredit;
  13. Protos Spa, an independent Technical Advisory company;
  14. Ratio – Centro Studi Castelli Srl, a company that provides services for professional updating;
  15. Reseau Entreprendre Italia, a non-profit association that supports the creation and growth of SMEs.

It is possible to directly contact both the experts and the companies of the Group and ask them all the necessary questions to grow, relaunch and develop the business from a business consulting point of view.

BUSINESS CONSULTANCY: WHAT ARE THE ADVANTAGES

A correct and effective business advice must accompany the company in a path that will lead it to make the right choices, limiting the possible losses in respect of those that are the objectives of business, growth and progress. Within this context the concept of performance is very important: defined as a goal, the right performance will be characterized by the activities put in place to achieve it, activities that can optimize time, resources and costs.

The field of business consultancy is so wide that the issues faced by consultants are varied and varied, in fact they can not be defined as universal actions: each company is self and each company will be driven to success according to different parameters and models.

The following are the topics – which also define the relative advantages – on which the business consultancy works:

  • To better understand what kind of company organization structure for the purpose of a more efficient production and a specific use of human resources able to meet the defined objectives;
  • Understanding which is the best way to distribute the work among the various business units;
  • Give human resources the right motivation to achieve business goals in the best possible way;
  • To help a team resource to behave in an appropriate manner in the face of the problems that may arise;
  • Understand what are the problems of an organization and implement a series of activities aimed at their resolution;
  • Define the correct strategy with respect to a problematic subject;
  • Monitor the results and understand if the road pursued to achieve the goals is giving the right ones;
  • Understanding which techniques are used to choose the people responsible for a project;
  • Understand what are the actions to acquire more customers and find suitable suppliers that will accompany the company towards the achievement of business objectives;
  • Understanding how to optimize the sales margin of an asset;
  • Define the actions to be taken to reduce waste and to have a correct ethical behavior, also with a view to corporate social responsibility ;
  • Understand what are the actions to create new opportunities and expand their turnover;
  • Understand how to manage the disturbing elements and internal disagreements that move away from the fixed objective;
  • Promote innovative activities, research and development with a view to greater competitiveness on the market.

In addition, for proper advice, SMEs can activate relationships with other companies in an online networking perspective . Networking, getting to know entrepreneurs and partners with whom to establish contacts and achieve goals in a collaborative way is a possible solution to overcome the moments of impasse that, especially at a particular moment like the one our economy is experiencing today, present themselves. With this in mind, exchanging knowledge, know-how and even business consulting is the best way to find a way out. Because it is together that one becomes great, because it is sharing the knowledge that one can face the great challenge called growth.

The benefits that can be drawn from a networking activity are manifold and can be summarized as follows:

  • Increase your business and enter into relationships with companies and partners with a view to constant and permanent development;
  • Share knowledge, skills and know-how that can be exploited for the benefit of the parties;
  • Networking to create a stronger system and “attack” the unexplored market and sectors in a strategic and advanced way;
  • Activate an innovation process by creating partnerships with young and avant-garde companies such as startups.

Business consulting, therefore, is a strategic tool , capable of identifying the resistance and blockages of a company’s productivity and directing management towards their resolution, also improving working conditions.

Business financing: how to talk with banks

When you go to the bank to ask for funding, you may be able to present yourself with :

  • a fluctuating turnover trend ;
  • knowledge only indicative of your financial needs;
  • a modest capitalization;
  • the need to renegotiate outstanding bank debt ;
  • request for credit for new projects or projects already started.

Most often you find :

  • difficult access to credit ;
  • an ever increasing demand for guarantees ;
  • modest valuation of the new capital introduced into the company, considered more a guarantee for obtaining repayment of the loans than a reason for improving creditworthiness;
  • the request for more qualitative and prospective information.

In short, you have difficulty talking to the bank and getting to a meeting point between your need for financing and the need for the bank to have sufficient guarantees to repay the loan

Present yourself with the party dress

To get out of this impasse in the bank-business relationship it is necessary to better identify the financial needs of your company and present yourself in an appropriate way to facilitate the dialogue with the bank interlocutors.

Similarly when you present yourself to a potential customer or supplier, even towards the bank you must first of all demonstrate that you want to act for business continuity , explain that the company has the resources and characteristics to stay on the market, which the property believes in the company and will continue to invest, there are skills for the growth and development of the business. So, the first step in establishing a proper dialogue with the bank is to introduce yourself with the party dress.

What reputation do you have on the market?

Also, do not forget to check what reputation you have on the market . Banks, customers, suppliers and, more generally, third-party lenders ask themselves if you are reliable, and what do you do to prove it?

Self-assessed, identify your needs and presented in a credible and transparent way to the market. This is the first step towards a conscious management of your commercial and financial relationships and Cerved’s Credibility can help you.