Despite some difficulties in getting materials, home manufacturers are having a good year.
Factories are working almost non-stop, builders are getting lots of contracts, and small homes are getting more and more popular.
But with all this positivity, it's easy to miss some problems. When you put all your focus and money into one thing, it's easy to forget about other important stuff.
If a modular home company doesn't know about potential problems, all the good things happening could end up being a waste of time, energy, and money.
Make sure you're not making mistakes that eat into your profits. If you are, stop right now and figure out how to fix things. Keep your profits stable for a long time and make sure your production keeps growing steadily. Otherwise, you're just taking things one day at a time!
Now's a great time to take a good look at how you're working with subcontractors. If a subcontractor is offering a really low price because you're pressuring them, it usually means they're cutting corners, or worse, not doing the job properly. Always try to agree on a fair price, make sure everyone's happy, and pay up promptly once the job's done. Believe me, having a good relationship with your subcontractors will help you through even the toughest projects. Remember: cheap things usually end up costing more in the long run.
Also, if you don't have clear systems and procedures in place, it's time to sort that out. This is your business, not your foreman's, supplier's, or contractor's. If you haven't done it yet, start creating some standard ways of doing things for your company.
If your systems and procedures aren't written down, they might as well not exist!
If you haven't got them sorted yet, get some advice from a pro or sit down with your team to figure out how things should be done and make it official!