Financial Performance

The housing industry is clearly firing on all cylinders, even as labor constraints and building material prices are repeatedly brought up as headwinds for the housing market.

When times are good and business is continually flowing in as it is right now, it’s easy to just keep the foot on the gas pedal and deal with what’s right in front of me. However, I make better decisions when I have the ability to look at the bigger picture. If I am only comparing myself to my past performance or my pre-determined expectations, I’m missing a huge opportunity.

Communicating cost increases with our customers

Joe Hikel—co-founder, president and CEO of Shelter Systems—and Dan Holland—president of Clearspan Components—are both committed collectors of operational data. With different size plants in different markets, even with different sales goals, the two find common ground in describing why metrics are so critical to effective management. 
Improving the presentation of your income statement helps you make sense of the financial data you’re assembling.
The more business you do, the higher the cost of downtime. 
Turnkey can be an effective way to increase sales revenue
and ensure prolonged success through more diverse product offerings.
  • A lot has changed in the components industry over the past two decades, and a new Framing the American Dream (FAD) project would allow us to quantify just how much, as well as detail our product’s benefits over other framing methods.
  • Beyond FAD, SBCA is also focusing on helping component manufacturers across the country fight an unfair provision in the model building code, R501.3.
  • As you think about investing in the future of your business, think about how much you’re willing to invest this year in these two projects to ensure a bright future for our industry.
  • In order for a company to grow successfully, it needs to evaluate its current situation and costs accurately and be able to articulate what the company wants to grow into. 
  • To improve production areas, start with the “5S” approach: sort, straighten, scrub/sanitize, schedule and finally, score the result. 
  • The right people, the right customers, the right vendors, and most importantly, the right motives grow a successful business.

The Patient Protection and Affordable Care Act (PPACA), more commonly referred to as “Obamacare,” first sailed through the treacherous waters known as the U.S. Congress in March 2010. In July 2012, strong waves and adversarial winds threatened to scuttle its hull on the rocks of the U.S. Supreme Court. Somehow, though many are still left wondering how, it coursed through those rocks with nary a scratch. In one final test, a mutiny against this ship’s captain was proposed last November, but, in the end, it was turned aside.