Upsizing factory

[justinsigns]

Hey all

We are upsizing to a 320sqm factory at the end of the month due to a lack of space to do the types of signage we now manufacture - large building and vehicle signs.

We are also moving into the mounting and laminating market, which I did not know is a specialised service of its own.

My question is, how soon is too soon to upsize and how do you handle a steady growth without bursting at the seams. I want to manage the growth and have finally found a decent apprentice that wants to be in this trade.

Any feedback appreciated.

[Slade]

Justin, can your current workload and flow of work keep your business sustained in the larger factory?

Will the larger factory give you a greater capability? Will it bring you in more work?

What would be the outcome if you didn't upsize?

Ask yourself these questions, and hopefully you will get a clearer picture!

[crackers]

Same questions here. Im getting a factory soon. Looking as im posting atm. Business is quickly outgrowing my garage.

[justinsigns]

Thanks Slade

I think the workload can handle it, and hopefully we can push for more vehicle signage with floor space being able to hold 3 vehicles at any given time. In our current unit I have tools and stock backed up to the roller door so there is no space to fit a vehicle in.

I am also going to put an open face booth in as the amount we outsource for spray painting I found out was quite high.


Crackers
Moving out of home into a rented premises is a big step, I hope it works out for you if you decide to move

[JamesGG]

Hiya,

I'm also hunting for commercial property atm. Offices, moreso than factories.

The angle we're taking is, as always, to start with the end in mind. So, we're getting an office that will last us a good five to ten years. To keep cashflow from taking too much of a hit, we'll be subleasing part of it and progressively taking over more of the office as we get bigger.

Got someone lined up for that role already, which certainly helps. Not sure how practical that is for a factory scenario in your particular business, but, maybe something to think about...?

Cheers

James.