Business View Magazine | February 2021

47 BUSINESS VIEW MAGAZINE FEBRUARY 2021 HYCRAFT HOMES With only one employee, a recently hired site manager, Hycraft Homes relies heavily on subcontractors. The McDonalds have been fortunate to establish a skilled and reliable trade base to work in partnership with, by creating a fair and respectful working relationship. According to Jordan, “We’ve tried to set ourselves apart from other builders, paying trades in a timely manner and building a partnership and relationship rather than a dictatorship.” Throughout the pandemic, the company has been able to maintain this workforce and stay on schedule. Although the firm has fortunately not experienced any issues with contractors or supply due to COVID, 2020 did bring a dramatic increase in lumber costs. “It’s been our biggest challenge this year,” says Jordan, “with homes that were already under contract. And as construction loans close, we’ve taken a pretty sizable hit on our margins, just to keep the deal moving forward. In our case, most of our