statement is surely true, let’s lay down a
framework to go about your “skinning” a
Adding labor and equipment is probably the first option considered when
we realize we need to grow. There are
times when that is the answer, but we
have to consider that it will generally
result in added debt or lease payments
that the shop will now be responsible
for. Are you in a place to take that on?
Will you really be able to get ahead?
Becoming more efficient in our
Typically, the last option considered
processes is another option. Although
becoming more efficient is always a
win, at some point you will likely find
that capacity will still need to be ex-
panded to truly continue growth.
is outsourcing our bottlenecks, but if
we want to get better in business we
have to keep an open mind.
The idea behind outsourcing is not
new. Opting for an outsource partner
as a way to increase capacity allows
you to keep your cash where it belongs
– in your company. In our experience, outsourcing can allow a shop to
double capacity without spending any
additional capital. More cash will leave
your company in a strong position to
gain more sales and be able to grow.
Know to grow
As a cabinetmaker, I understand that
once a craftsman, always a craftsman.
But at some point you are going to
want to grow beyond just your own
capabilities – in fact, the value of your
shop depends on it. If you have the grit
to grow beyond your personal capabili-
ties, you will soon find your when, why,
If you can push through and execute these steps in detail you will be
able to come up with a clear, concise
plan of action that will keep your company nimble and eager for growth.
Source: Jeff Finney is the owner of Ultimate
Cabinet Components in Collinsville, Okla.,
918-371-7171. For more shop insights from
Jeff, check out his articles at UltCab.com or
listen to his podcast at thepushthru.com.
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