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Owned by Tod

Wired for Profit

65 members • Free

30/yr old electrician running a $2.75M company. Business tools, real numbers, weekly live Q&A. Contractors working together to get better at business!

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32 contributions to Wired for Profit
Updates
How is everyone doing? Give us an update on your business as we approach the end of summer! I'll go first - 2026 was a difficult year for us. We were EXTREMELY slow for most of the year. Finances took a huge hit and it's very tight right now. We shifted our bidding focus around a little bit this summer and finally we were able to start landing jobs again. We have $1.1million lined up thru April! A huge restaurant, a job for the military, a large office space remodel, and some commercial shell buildings. I just posted a new Youtube Video where I talk for 45 minutes straight about what is involved in Commercial Electrical Contracting. Check it out if you're interested. https://youtu.be/eU9Ecpj7jUg
Software
Hey all! I'm in the beginning stages of planning my company. I want to start it on the side while I continue to work for my current employer. One thing I'm trying to figure out is what kind of software everyone's using. So for all your systems, what's everyone running? For estimating, project management, invoicing, bookkeeping, accounting etc? Also include if your focus is more on commercial, residential, industrial. I want to focus on commercial but may do residential in between projects Thanks in advance!
0 likes • 11d
We have used QuickBooks since day 1. I like it a lot, but it has a learning curve. QB does our time tracking, bookkeeping, payroll, etc. We use an old product that Trimble now owns called Estimations Desktop. It’s ancient but gets the job done. The big ones I hear about are McCormick and Trimble Accubid. I have no experience with either though. Procore is the biggest project management software around it seems. I paid for it for a year for internal use. It has a steep learning curve and in my opinion is far more suited to GC’s rather than subs. If you go that route I would say you almost certainly need a full time project manager to justify Procore.
Change orders
We recently completed a custom home project, I verbally told the customer there will be “extras” for all the changes, and they agreed “verbally “ I sent them a bill for 8k and they are crying about it and questioning everything we have done. Great Point- DONT BE AFRAID- write it out and BILL RIGHT AWAY!
0 likes • Jul 21
@Igor Zhogan Good luck! Any questions or concerns before going in?
1 like • Jul 21
@Igor Zhogan Let me know how it goes!
Your Time - Making the Jump
I have been adding more videos and resources to the "Electrical Contractor Basics" course. Here is one of the videos I posted just recently. What are your thoughts on this topic. Many of you will probably have better insight on actually making the jump into your own business than I will (since my dad started it and I am taking it over 20 years later). What are your thoughts? Here is the video and pdf from the course to reference - https://www.skool.com/wiredforprofit/classroom/d8aace83?md=90fc36d4f08341cf842b4f940aedb85d
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Commercial Work
Share any tips you guys have on getting commercial new Construction!
Commercial Work
0 likes • Jul 21
Sorry I never responded to this @Eric Ravak - Check out what I told Igor on the post I made earlier this evening about getting work - Thanks
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Tod Craig
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@tod-craig-2967
Content Creator using AI to help speed things up and make them better!

Active 3h ago
Joined Apr 14, 2026
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