Archive

Posts Tagged ‘NFIB’

2019 Trade Shows, Next Battleground of the Manufactured Housing Revolution?

January 7th, 2019 Comments off

 

2019TradeShowsNextBattlegroundTheManufacturedHousingRevolutionDailyBusinessNewsMHProNews

Capital, other market manipulations, plus an apparent failure by the Arlington, VA based Monopolistic Housing Institute (MHI) to deliver on their self-proclaimed ‘promotion’ of the industry are obvious takeaways from the latest new HUD Code manufactured home (MH) shipment report. But those are not the only problems that the Manufactured Home (MH) industry and its numerous varied professionals face. Yet, every problem – properly understood – is an opportunity in disguise.

 

Cohesion – so called ‘unity’ – sounds like a noble goal. But for various reasons that aren’t the focus of this column, cohesion won’t possibly be achieved accept by conquest of the larger powers, OR until clear alternatives to the present Omaha-Knoxville-Arlington axis power structure in MHVille are established.

Without balanced and mutually respected interests, how else could cohesion or unity be achieved?

The aim of alternative structures in MHVille should not be to create a new monopolistic nexus that challenges the current monopolistic one.

Rather, the goal should be to fuel in an authentic manner what made manufactured housing a far greater – in sheer size and scope – the industry in the past to begin with. Diversity! Thousands of MH Independents, and hundreds of different independent producers.  There was diversity galore in those MH Industry glory days gone by.  That’s how growth is proven to occur.

 

Genuine vs. Weaponized Insights

To be historically more accurate about manufactured housing, what too many industry pros never lived through – and thus never understood – is that the old Fleetwood and the old Champion home builders each established their own unique vertically integrated machines in the 1990s.  Those firms are not the Fleetwood or Champion of today, but the names are similar.

The old Fleetwood and the old Champion had a similar thirst for market domination as Warren Buffett, Berkshire Hathaway, Kevin Clayton and Tim Williams at 21st Mortgage jointly share. The ongoing relevance of the Manufactured Housing Association for Regulatory Reform (MHARR) has long been as a counterweight to the Machiavellian Housing Institute, err, Manufactured Housing Institute, then or now.

ManufacturedHousingInstituteLogoMHILogo373x201

Satirical Manufactured Housing Institute (MHI) logo provided under fair use guidelines.

The names at the top of the pile at MHI have changed, but the challenges have has some similarities.

Monopolistic practices that manipulate capital access, political, placement, and regulatory schemes are the enemy. What MHARR, or National Federation of Independent Business (NFIB) have done for decades for smaller firms is provide the authentic cover that MHI has arguably long neglected.

Hundreds of manufactured housing firms, per sources at NFIB, are members of that organization. If the MH industry felt fully represented by MHI, what would lead so many to join organization’s like MHARR or NFIB? What would spark the revolt among community owners that has led to NAMHCO? New and existing alternatives to MHI should be fueled, not thwarted.

The Omaha-Knoxville-Arlington axis is simply better at building moats than Fleetwood and Champion were. By ‘better,’ one should understand ‘cheaper.’

For example, the old Fleetwood and Champion arguably overpaid in many cases for the retail centers they acquired. By contrast, the evidence in the linked reports reflect that Buffett’s style of moat-building underpays for businesses. They accomplish that by artificially depressing sales and thus business and/or property valuations.

That process thereby creates the “value” acquisition Buffett and his longtime partner Charlie Munger crave. The rest are details and commentary.

Manufactured Home Production Decline Accelerates in November 2018

It is Buffett who reportedly said he wants sharks in the waters of his Moat, not MHProNews. We simply accept that – plus the evidence of his, Kevin Clayton, and Tim Williams – each at their own words. Perhaps one reason why – until this point in time – that their respective attorneys rattle sabers in our direction instead of just sue, is that they know that it is hard to argue with their own words.

ManufacturedHousingInstituteLogoMHILogoMHARRlogo600

Which leads us to trade shows and the opportunity for the next phase of the Manufactured Housing Revolution.

New Era in National U.S. Manufactured Home Community Representation Underway?

 

 

Show Ways Unlimited and Manufactured Housing Trade Shows

Sources with close ties to Show Ways Unlimited are among those that shed light on how Clayton allegedly manipulated the now defunct Carolina show, and tipped it out of existence. Those same informed sources have said that Clayton only entered the Louisville Show as a defensive mechanism, to counter the independents who were behind the revival of the show. Team Clayton has been working to undermine the Tunica Show, per sources, by establishing their own show in Birmingham, AL. Those claims are whatever they are, and should be discerned in the light of the evidence.

Meanwhile, the current trade shows are nothing like the glory days of Louisville or the Nashville Show, which was the forerunner of the Tunica Show. Back in the glory days, 100, 150, or 200 plus new homes used to crowd exhibit halls and parking lots.  Professionals from around the world attended those much larger events. The mainstream media came too, just as they do today for automotive, RV, and boat shows.

One question that potential MH Revolutionaries must ask is this. Is this going to be an industry on the rise or slide?  Do you want to enhance the income-producing and exit-value of your business, or do you want to sell it someday cheap to a monopolistic player?

One must look at authentic manufactured housing history, not the weaponized version that some like George F. (F?) Allen produces, that later version of which magically places Allen himself in the center of the MH Universe.

Allen, like MHI, is arguably a would be power-broker. If he and his MHI supported allies can succeed at diminishing the largest trade publisher in the industry – MHProNews – that would make Allen appear to be bigger than he is. It’s somewhat like taking a lake and shrinking it, to make little fish look bigger. Sad.

What MHI and Allen have in common are meetings that draw a crowd, however modest. Never mind that those crowds are small compared to a manufactured housing trade show. For those who would shrink an industry in order to grow their own influence, it is arguably a bit like Buffett’s moats. Only G F (F?) Allen’s is discernably cruder in execution.

A key to authentically re-growing the industry has long been about more than attracting more industry professionals to an event. As or more important, one must also attract mainstream media, new potential lenders (as Triad has done for years), and investors. Then, post-industry trade days, there must also be public days.  It worked in the past, why not now?  It’s worked for RVs, and other industries, why not ours in MHVille?

 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

Click here to learn more.

Among the most common comments heard at Louisville and Tunica every year from exhibitors is, why aren’t there public days?  The same old tired story is given in reply by show management, year after year.  Who does that old, tired cover-story benefit?

This writer had an operation that used what amounted to ‘public days’ to sell dozens of additional homes per year to retail customers. Few things would serve to remove the stigma of the industry better than spotlighting realty, instead of allowing the old ‘mobile home’ or ‘trailer house’ stereotypes to live on.

WhenTrailerTrashIsntWhatYouThinkcreditMHProNews-postedtothedailybusinessnewsmhpronewsFrankRolfe

See the entire article and other industry reactions, at this link here.

 

PewResearchRentalHouseholdsManufacturedHousingIndustryDailyBusinessNewsMHProNewsThere is an obvious opportunity to start that ball rolling at the upcoming 2019 trade shows. That is where hundreds of independent retailers and communities will be.  But those must be an organizing stepping stone to something that is entirely new in 2020.

That there is frustration in MHVille is apparent to all who will listen.

The launch of a new community association is but one example. The longtime existence of MHARR as a counterweight to MHI is another. A third is the #NobleNotMobile concept. Like MHI member Frank Rolfe’s lament against MHI and what he called their hypocrisy, Paul Bradley and ROC USA are MHI members too.  Bradley was clearly no longer satisfied with what MHI claims as promotion. Thus Bradley and his colleagues conceived of #NobleNotMobile, and that’s how frustration gave birth to action.

There are 22 million Americans living in pre-HUD Code mobile homes, and post-HUD Code manufactured homes. There are millions more in the U.S. who rent. According to Pew Research, CityLab and others, about 100 million in the U.S. are living in rentals. Most of those obviously fail to seriously consider manufactured housing as an option, in part, due to the ‘trailer’ stigma.

Ten percent of either of those 2 populations groups could swing many elections in the nation. Something similar could occur in Canada, for that matter.

The ability of the industry to achieve it full potential lies not along the proven failed path of the Manipulative Housing Institute, and the arguably hypocritical and jealous path of yesterday’s news, George F (F?) Allen.

The path is to forge new structures that fuel independents. That must avoid the problems that made MHI the Menacing Housing Institute that it has become.

The humble observations, evidence, allegations, history, and logic herein are for the industry’s and investors consideration.

Among the next questions should be this one. At what point will the bulk of the industry’s remaining independents realize that their numbers are still shrinking? They are shrinking in the community and retail sides.

The number of retailers and communities are shrinking during an affordable housing crisis.  Is that coincidence or market manipulation? Who’s side is MHI on? In that battle, who’s side has George F. (F?) Allen taken?

The new HUD Code manufactured home shipment tallies are going to be low and vulnerable to many headwinds so long as the number of distribution points, producers, capital access, and image all remain artificially limited.  That’s what producers – including MHI members – tell us.

The fact that the Omaha-Knoxville-Arlington Axis would apparently stoop to using a surrogate like George F (F?) Allen, speaks volumes. It’s the latest in a series of over-the-target reactions, previously reported. See the linked report, further below.

 

Taking Charge of Your Own Future by Teaming with Others Like Yourself

The time to take the bull by the horns is now. Hundreds of billions in new capital is flowing into the U.S. Jeff Bezos led Amazon’s Alexa Fund estimates that the market potential is $330 billion annually.

You do the math that mathematically-challenged MHI can’t or won’t do for you. They claimed, incorrectly (again), the Manufactured Housing adds $3 billion a year to the economy. At retail in 2017, the obvious math was some $6.5 billion.

Divide $6.5 billion into $330 billion.

The product of the above is how much the potential growth could be for factory-homebuilders of all kinds.

MonopolisticHousingInstituteLogoMHILogoManufacturedHousingInstiutteLogoLarge

New paths, new structures to do for retailers, communities, and all others in the industry are how that potential is to be tapped. That’s the next step in the Manufactured Housing Revolution. Ready to take that next step?  Ready to take a step that will liberate you from the Omaha-Knoxville-Arlington Axis? “We Provide, You Decide.” © ## (News, commentary, and analysis.)

(See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them. Third-party images and content are provided under fair use guidelines.)

LATonyKovachQuoteManufacturedHousingIndustryWontReachPotentialAddresscoreIssuesArtificallyholdingitback466By L.A. “Tony” Kovach – for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

Related References:

The text/image boxes below are linked to other reports, which an be accessed by clicking on them.

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

Manufactured Housing Institute Housing Alert, Affordable Housing Crisis, MHI’s #NettlesomeThings Response

 

Millionaires Survey IDs Top Threats to Their Wealth

December 18th, 2018 Comments off

 

MillionairesSurveyIDsTopThreatsToTheirWealthManufacturedHousingIndustryDailyBusinessNewsMHProNews

Sum it up in a word, uncertainty. But the details are insightful.

 

There are about 3.3 (+/-) percent of the population, or nearly 11 million Americans who are millionaires, per Spectrum n 2018.

 

Nearly11MillionUSMillionairesPerSpectrumGroupDailyBusinessNewsMHProNews

 

In a new survey conducted for CNBC, there are nearly 11 million millionaires, Robert Frank says that the biggest threat in the view of that millionaire class is the federal government’s dysfunction.

Here are their bullets:

  • When asked about the biggest threat to their personal wealth, the largest number of millionaires said government dysfunction (37 percent), followed by the stock market (32 percent).
  • Overall, their views remain highly political, with 41 percent of Republican millionaires predicting the economy will be better in 2019, compared with only 8 percent of Democratic millionaires.

Frank says that most are generally bullish about the economy itself, which is a data-point that other groups that measure the economy and sentiment have also concurred upon.  Here in the linked report in the box below is one example.

 

Blue Collar Worker Attitude, Outlook, Finances – Latest Data, Express-Harris Survey

 

Another example of that similar sentiment is below, which can likewise be accessed by clicking on the linked textbox.

 

Latest Consumer Confidence Report and Housing Demand

 

The NFIB in the fall had similarly overall positive reports too about the economy.  But will the now divided Congress change that rosy small business outlook?

 

NFIB’s Small Business Leadership Updates Stunning Data

 

Surveys questions can be framed in a variety of ways, which will naturally impact responses.  But as another recent CNBC report reflected, news – arguably some of it agenda driven news – is in part to blame for this ‘uncertainty.’  The economy itself, per several indicators, is sound.  JP Morgan Chase’s Jaime Dimon said last summer that for 20 years, U.S. tax policies have driven capital overseas.  Dimon is a Democrat.

JP Morgan’s CEO Jaime Dimon Sounds Off – “For 20 Years, We’ve Been…Driving Capital…Overseas,” plus MH Market Updates

 

Millionaires Survey Qualifiers and Other Findings

The qualifications to participate in this new CNBC survey of millionaires included an analysis of the investment attitudes and behaviors of 750 investors with $1 million or more of investable assets. “Respondents are required to be the financial decision-maker or share jointly in financial decision-making within the household,” said Frank.

Other findings:

 

  • The survey also highlights the fact that millionaire attitudes toward the economy and markets remain highly political, with 41 percent of Republican millionaires predicting the economy will be better in 2019, compared with only 8 percent of Democratic millionaires.
  • Fully 40 percent of millionaires surveyed say the economy will be just as strong in 2019 as it was in 2018, and 28 percent say it will be even better. Yet government dysfunction remains the greatest concern for investors regarding the economy (38 percent) and also to their own personal wealth (37 percent). Thirty-two percent believe the stock market has increased as a threat compared to the past, and worries over the national debt and immigration have increased.
  • While more than half of millionaire investors anticipate that the S&P 500 will be up more than 5 percent in 2019, 20 percent believe it will be flat.
  • When asked about their own returns, 37 percent said they expect returns of 4 percent to 5.9 percent, while 30 percent expect returns of more than 6 percent. Only 4 percent of respondents expect to be down in 2019.
  • Their longer-term outlook for future generations are also cautious: Only a third of millionaires say their kids will be better off than they are, while 37 percent said they will be worse off.

These results obliquely point to issues that has been raised several times on MHProNews.

 

Barron’s Reports George Soros Move Presaging Market Drop, Harming Manufactured Housing, FAANG Stocks

For more, see the related reports, below the by line.  That’s this morning’s look at “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News , analysis, and commentary.)

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

Related Reports:

Rising Prices and Rates Cool Housing Sales, MH Industry Pro Sounds Off, New Data & Video

 

Who REALLY Runs America? MHVille Timely Reminder, Columbia Law Prof Philip Hamburger Video

 

#$2Trillion U.S. GDP Growth via Affordable Housing Plan Few Discuss – Introducing #YimbyVictory2020

 

Does Monopoly Power Impact Workers’ Stagnant Wages? MH Industry Impact$

“Lots of Sizzle,” Clayton Sales Performance, Other MHI & Clayton Homes News Tips

December 12th, 2018 Comments off

 LotsofSizzleClaytonHomesLogoSalesPerformancemanufcturedhousinginstituteLogoMHILogoMHProNewsTips

These are #NettlesomeThings. A Clayton retailer sent a long message as part of a confidential news tip, that included the following. The Daily Business News on MHProNews has added our customary bold/brown to reflect a direct quote, but the rest are emphasis and typos are in the sender’s original message. Links were added by MHProNews as well.

 

We as an industry are still WAY below where all rationale says we should be, IF ONLY NORMAL MARKET FORCES WERE AT WORK HERE.  I have long felt that to NOT be the case, as you are also verifying through your investigative reporting. 

LONG before we ever heard of any “moat” per se, but you know that I have consistently said over this last decade that SOME in our industry focus on an entirely different goal every morning:  “What can I do today to make my competition go away?” – per said source.

The RV industry has to be commended in their PR and image-building efforts as an industry,” the message continued, adding “During the worst economic downturn (recession/depression/cluster-F/whatever you want to call it) that you and I have lived through, they were able to actually grow their industry, all the while with 6-figure price tags!  Outstanding work, both on the sales centers AND in the public forum.  We have all seen the ‘Go R-V’ing’ ads.  Did they have to do that?  No, they could have taken the cheap route, but OH MY the results their tactics gave them!  In my mind, that fully vindicates and reaffirms my belief that our industry needs a vibrant, on-going public relations / image program!”

Again, note that the spacing, grammar, and typos, etc. are in the original.  The comments may or may not reflect the views of this publication. The illustrations are added by MHProNews, as is the subheading below, to help clarify the various points that writer made.

 

BlackWhiteRVvsMHShipmentsYTDJune2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

This is provided by MHProNews, and was not part of the comments from the sender. These graphics are provided to illustrate the various sender(s) point, here and other comments from other sources below.  NOTE the above was YTD June, 2018, but the patterns has largely held.

 WinnebagoRVWholesaleshipmentDataManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Retail Lot Managers

You [MHProNews] and I agree that the sales happen on the lots.  But John or Mary LotManager is usually very busy in meeting conditions for lenders, scheduling deliveries, handling customer complaints about shoddy construction, etc.  They do not have the time, the resources, or the energy at the end of the day to combat the weathermen of this world, code-encroaching state officials, less-than-accurate national reporters who cast our homes in a bad light, etc.  That should be the role of the ‘support team’ if you will, like the state associations on the small scale.  That’s why the RV industry took their future by the reins years ago.”

The sender made reference to MHIdea, which was first conceived of as an alternative to the Manufactured Housing Institute (MHI) for independent retailers.

That person said that a decade ago, “independent retailers numbered over a thousand [locations].  Today, we hear talk of 400 or fewer. Hind sight is always clearer.”  Readers should note that these figures were supplied by the writer, and should be understood as estimates, not to be construed as a precise number.

If you want to use any of this text, do so ‘off the record.’  Just as Frank learned (my best SWAG), RETALIATION does exist in this scenario.  After all, that’s just another way of widening the moat.”

The writer did not say who “Frank” was, but may have been referencing Frank Rolfe, who was once outspoken on MHI’s hypocrisy and failures to defend or promote the industry, but who has since gone silent on MHI controversy related issues.  “Swag” has many possible meanings, and some of them in this context are quiet humorous. The video is an example Rolfe politely blasting MHI at a state association-sponsored event.

 

 

The subject line for the sender’s message read: “Subject: MHI Year in Review.” That’s the name of the video MHI produced which aims to defend their record, and promote themselves. 

The lengthy message sender opened with these words,

 

Figure1MobileManufacturedHomeSalesSHipmentsVsExistingingNewHouseSalesManufacturedHousingiinudstryDataMHProNews

There are a growing number of industry voices that believe that BH/CMH and MHI have by various action/inaction has kept manufactured home sales at historically low levels. Evidence? See Related Reports and videos, linked below, which quotes and cites BH, MHI, CMH, 21st Mortgage Corp, and other sources.

ManufacturedHousingInstitutelogoMHILogoMHIVideoStillsMillionsofViewsDailyBusinessNewsMHProNews

 

Well, well, well….

Guess somebody is feeling some heat.  GOOD JOB, TONY!  Keep the burners on full.”

Here “Tony” must mean our publisher, L.A. ‘Tony’ Kovach. Like scores of other messages supporting the spotlight and “heat” cast by reports and analysis here on Buffett, Berkshire, Clayton, MHI, or their key allies and players, like Nathan Smith.

Commenting on the MHI video, “This is a lot of sizzle, but the steak’s still kinda tough.”  That’s what inspired part of the headline and the featured image at the top of this article.

The writing was so colorful, the Daily Business News on MHProNews decided to quote extensively from it, “My first reaction when I saw the opening frames [of the MHI video] was WTF?????  OBVIOUS to me at least that this was made for folks who DON”T know the real details behind the story.  In a depressed industry, with competition slowly being choked out of existence, they come out like we’re back in 1999!  What a joke. 

Especially funny to me was their [MHI] mention of being ‘financially strong’…..I would think so.  Daddy Warren has mucho $$$.”

ManufacturedHousingInstituteMHILogoOctober2018HUDCodeHomeShipmentsDeclineDailyBusinessNewsMHProNews

The data from MHI, RV operations, and others broadly underscore the points shared by the message sender.

 

The writer suggested that the non-big three builders should provide a level of support to a new initiative to break free of Buffett led-Berkshire/Clayton/21st, et al, and MHI. 

Do you think the remaining non-Big 3 mfgrs would be open to funding such an initiative now?  If each could do so by ‘hiring’ 2 minimum wage workers to their expense, just sending those $$ to the support team,” the message said.

There was more, but publishing it would tend to reveal the source of the

lengthy message. MHProNews again reminds readers who are trying to stay off the radar of a big brother organization or company to consider avoid using their firm’s email address. At some point, sender’s may find organizations scanning team members email, looking for the sources of various comments.  That said, to date no one who has wanted to remain anonymous has indicated they have been discovered.  If sending from a non-organizational email address, MHProNews requires confirmation on a sources authenticity, etc.

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

 

 

The Clayton Tipster’s Calculus  

The figure suggested by the writer of the comments shared above suggested works out as follows. The equivalent of 2 minimum wage workers to boost industry growth works out to be some $30,160 annually.  That’s not insignificant, and if 25 firms signed onto that it would yield $754,000.  Its a small fraction of what MHI operates on, but as MHARR has proved, it is doable.

For new readers, the Manufactured Housing Association for Regulatory Reform (MHARR) provides lobbying and advocacy for independent producers of HUD Code manufactured homes.  From MHARR’s base in Washington, D.C., as a matter of policy, they stay focused on production and some financing related issues, like the Duty to Serve (DTS) Manufactured Housing.  But MHARR doesn’t do the kind of post-production advocacy that the sender is calling on the industry to do.

Bottom line, $750k – used wisely on targeted issues – could make a difference.  What’s obvious is that MHI, spending far more per MHI budget records, and their own claims shown above, has accomplished effectively nada.

 

What Tim Williams Asked

Our publisher, award-winning industry services provider, and consultant, L.A. ‘Tony’ Kovach was asked by then MHI Chairman Tim Williams what he thought was a reasonable budget for a pro-growth alliance to operate successfully?

Tony replied to Williams’ unexpected query with a figure of $1.6 million dollars annually. That’s still less than half of what MHI records reflect MHI gets in dues and fees. That $1.6M kind of budget – Tony explained to Williams and his Berkshire Hathaway industry member guests – would allow for an attorney, media engagement, local zoning advocacy, and other features included in the mantra PEP. Protect, Educate, and Promote.

In hindsight or looking ahead – cooperating with MHARR and NFIB as needed – such a manufactured housing independents alliance could certainly accomplish more than MHI for the industry’s independents.

Dubbed the MHAlliance was a move promoted in writing and in deed by John Bostick, President and CEO of Sunshine Homes. Sunshine’s former sales manager praised on video the growth achieved by the company using a a combination of localized marketing, videos, and training.

The data reflects that Sunshine’s sales growth far outpaced that of the industry at large, and blew away the growth rate of Clayton.

 

 

But the next insights from another Clayton-connected source was actually to point to data from Legacy Housing’s recent IR presentation, found by clicking the box linked below.

 

What Others Say – Legacy Housing Corp (LEGH) IPO Set for 12.14.2018

 

Here is the graphic we used in a report yesterday, again noting that MHProNews is providing the commentary, etc, with illustrations.

 

2018-12-11_1155TalkMarketsDailyBusinessNewsMHProNewsTopProducersHUDCodeManufacturedHomes

As noted above, this illustration was NOT sent by those providing the respective tips and comments, but is provided by MHProNews to underscore points those sources have made.

 

That source claims that the typical Clayton sales center has about 4 retail sales people per store (+/-). The source noted that about 2/3 of manufactured housing production, per MHI, goes to land-lease communities.

Using MHI’s data from the chart above, that yields about Clayton 29,327 going to retail centers. Note that figure would likely be high, due to FEMA orders, but we’ll follow that tipsters logic for a few moments.

Subtracting out roughly the number of shipments to independents and communities who sell Clayton products, that source said that the typical Clayton sales professional only sells about ‘15 new manufactured homes annualized over the course of a year.’

15 new homes a year?

When the Daily Business News asked why “annualized,” the source claimed that the turn over in Clayton’s retail sales is significant. So a sales person that starts the year often doesn’t finish the year. Thus data per professional ought to be annualized.

While the numbers are rough – and we hereby welcome clarification of the claimed figures from Clayton Homes – it certainly fits the overall data, and thus is plausible. It thereby suggests a number of fascinating points.

Buffett has said that Clayton is “best in class.” In the sense of total production, that is true. But in terms of individual performance, there are arguably individuals, local and regional firms that out-perform the Clayton “averages.”

If so, it’s a vexing commentary on Clayton’s retail performance.

Another source from the Clayton organization recently said to the Daily Business News on MHProNews that the sales leader in his region may hit 30 homes for the year. Through November, per that source, the deliveries and funded deals for the top people in that region were in the upper 20s. Again, Clayton is invited to clarify any errors.

If so, the average sales person isn’t selling nearly enough to make the kind of 6 figure income Clayton reportedly tells their sales recruits is possible selling new homes. Does that add to their turnover?

 

 

Reality Checks and What’s the Motivation?

Another item from a Clayton retail caller was the claim of a high cancellation rate of approved deals that never deliver or close.

These points raise several issues that must be unpacked. But one of them is a recurring theme with Clayton, namely, that when specific items are scrutinized, their performance isn’t as hot as the “sizzle” of their image. 

For example, the much ballyhooed new class of homes – if it is as successful as the cancelled Clayton iHouse and iHouse 2 – the program could be a disappointing outcome for all involved.

A common question Tony likes to ask those who message or call is, what’s your motivation in sharing your point?

Some have said words to the effect that the industry’s professionals and businesses – individually and collectively – can do far better. That is apparent in the lengthy message from the top of this report. Consider the related report, in the box further below.

While MHProNews leadership’s vision is somewhat different than the first writer’s message, that person did make reference to a point from the MHIdea report from a couple of weeks ago. Namely, that if the industry’s members keep doing the same things, they will keep getting the same results.

Whatever the performance of individual sales people, the point about stretched thin sales and general managers is arguably valid. The industry’s owners can address it, but it will take an investment in their operation.

But as one company who is growing their retail base has noted, from $500,000 to $2 million is invested in a new home sales center, inventory, etc. what’s another 30K on that, if it significantly increases the results?

As 2018 winds down, and 2019 approaches, these data points and claims are important ones to ponder. What will you and your team do to improve outcomes in 2019 and beyond? See the related reports, further below. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if your comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports: Click the Boxes Below to Read More...

 

“What Are We, Chopped Liver?” MHI Member December 2018 Reactions

Louisville and Tunica Manufactured Housing Shows, Controversial Profitable, Problematic Issues Loom

 

 

Sexual Harassment, #MeToo Small Business Workplace Webinar

November 6th, 2018 Comments off

SexualHarrasmentSmallBusinessStarategies#MeTooDailyBusinessNewsMHProNewsNFIB600

Sexual harassment and the #MeToo movement have received lots of news coverage of late,” says the National Federation of Independent Business (NFIB).

 

While most of the headlines focus on big-name companies, illegal harassment occurs in businesses of all sizes,” said their statement to the Daily Business News on MHProNews. “Small businesses who ignore the risks associated with not preventing and stopping discrimination, including sexual harassment, in the workplace, risk financial and reputational devastation.”

The NFIB – with Juanita Duggan as their president – is for SMBs (small- to mid-sized businesses.)  Hundreds of manufactured housing firms, per our sources at NFIB, are members of that association.

ElizabethMilitoSeniorExeucitveCounselLEgalFoundationNFIBWebinarSchedule1162018

This webinar will talk about the perils of ignoring harassment in the workplace and offer simple steps employers can take to protect employees in businesses of all sizes.

NFIBRegisterNowButtonSMBWebiniarManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

From NFIB President Juanita Duggan

For those who are standing in line, to vote – or have friends that still need to vote, please check out:

 http://www.nfib.com/advocacy/elections/

ChipKovachNFIBBusiestWeEverHaveDailyBusinessNEwsMHProNewsNotice that they have favored a very similar pattern that MHProNews has advocated.

LookProgressDeregulationsNFIBDailyBusinessNewsMHProNews

NFIB has advocated the same pro-growth agenda that President Donald J. Trump and Vice President Mike Pence have.

Eric Trump on 1430 AM said, if “people get out and vote, we will win.” Vote wisely. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

 

Related Reports:

#DeFangBM

 

Due Credit, Warren Buffett, Media, and Manufactured Housing’s Historic Achievement

 

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

 

Duggan “Little” Regulations Can Cause “Big” Problems for Small Businesses

October 4th, 2018 Comments off


DiugganLittleRegulatoinsCanCauseBigProblemsForSmallBusinessDailyBusinessNewsMHProNewsNFIB

It’s not new.  But it is an important point, one that the Manufactured Housing Association for Regulatory Reform (MHARR) has made for decades.

 

This time, it is the National Federation of Independent Business (NFIB) President Juanita Duggan who has said that “little” regulations can cause “big” problems for small businesses.

JuanitaDugganPresidentCEONationalFederationIndependentBusinessNFIBpostedDailyBusinessNewsMHProNewsIn a release to the Daily Business News on MHProNews, Duggan said, “I’ve heard consistently that business is booming, and that’s often followed up with something along the lines of, “every little thing that comes out of Washington is a problem,”” said the NFIB statement.

Manufactured home industry pros have several points they should keep in mind, especially with the midterms just 32½ days away.

  • MHARR has pointed out that the problems with HUD have historically been not just the bureaucracy, but also the contractor that HUD has used for years.
  • When NFIB, which reportedly has hundreds of manufactured housing firms as members, talks about small business impact, that has a direct and indirect impact on manufactured housing sellers, communities, producers, lenders, suppliers and others. Small to mid-sized businesses employ more Americans than large firms. Translated, the workers and shop owners who can be manufactured home customers are often tied to small businesses.
  • Per the Huffington Post in 2011, “large businesses only employ about 38 percent of the private sector workforce while small businesses employ 53 percent of the workforce.”
  • A more recent report in April 2017 by NYSSCPA slices that into small, medium and large businesses, this way. “At this point, 39.2 percentwere employed at either a large or very large company, while 26.5 percent worked at mid-sized companies and 34.3 percent worked at small companies.”

NAMCostForComplianceDailyBusinessNewsMHProNews

 

NFIB on WOTUS Rule

The NFIB blasted the Obama-era Waters of the United States (WOTUS) rule, which dramatically and harmfully impacted small businesses.  NFIB sued, and won, but a judge reversed that ruling for almost 2 dozen states.

ManufacturedHousingAssocRegulatoryReformJOINMHARRbani-200x200

Click here or on the graphic above to learn more, which is not connected to this report.

The [President Trump] executive order provided some relief for small business owners until a federal judge issued a ruling recently that put the onerous Rule back in place for 22 states. In response, we are asking a federal district court to block the Rule throughout the entire country—to bring relief for our members nationwide,” said NFIB.

The good news is that not everything coming out of D.C. these days is a problem for small business,” said NFIB, which touted their support on Capital Hill for tax cuts. “Following our instrumental role that led to the inclusion of the small business pass-through deduction in the Tax Cuts and Jobs Act, feedback from members has been enormously positive.  Small businesses are realizing true savings and are investing that money back into their businesses through hiring, pay increases, and job training. They’re investing back into their community through equipment purchases and expansion.”

While the overall economy is “roaring” in the view of many economists and experts, manufactured housing is still operating at historic lows. As a special report planned for tomorrow will reveal, the Manufactured Housing Institute (MHI) in a recent message to members is apparently pushing for a bill that is arguably contrary to the interests of independents.  As one source at their recent meeting said, “MHI’s [SVP] Lesli Gooch took time to explain to members some of their latest positions.  But when their policies are closely examined, they routinely benefit their largest members, and harm their smaller businesses in the industry.”

NFIB is pushing for pro-business conservatives in the upcoming midterms, so that the momentum since the 2016 election is continued. It should be noted that NFIB encourages members in specialized fields, like manufactured housing, to join forces with an association that is industry specific, such as MHARR.

Record Shattered on SBO, Yields Growth, Profits, More Says Juanita Duggan’s Group

That’s this evening’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © (News, analysis, and commentary.)

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here.

October15-172018RSVPmanufacturedHousingFall2018LegacyHousing

The ad above is not connected to the story it is posted in. To learn more about this sponsor’s event, click here or the banner above.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Manufactured Home Production Rises Again in August, 2018 HUD Code Data

FHFA Requests Input on Proposed Modifications to GSEs’ “Duty to Serve Underserved Markets” Plans

Record Shattered on SBO, Yields Growth, Profits, More Says Juanita Duggan’s Group

September 26th, 2018 Comments off

RecordShatteredOnSmallBusinessOptimismSBOYieldsGrowthProfitsJobsMoreJuanitaDugganNFIBGroup

Today’s groundbreaking numbers are demonstrative of what I’m hearing everyday from small business owners – that business is booming. As the tax and regulatory landscape changed, so did small business expectations and plans,” said National Federation of Independent Business (NFIB) President and CEO Juanita D. Duggan. “We’re now seeing the tangible results of those plans as small businesses report historically high, some record breaking, levels of increased sales, investment, earnings, and hiring.”

 

SmallBusinessOptimismSBOIndexReachesRecordHighNFIBDailyBusinessNewsMHProNews

The details came in a series of statements to the Daily Business News on MHProNews.  As long-time readers may recall, NFIB has hundreds of members in manufactured housing, but they have a total membership of some 325,000.  They’re a serious force in Washington, D.C., and have had the President of the United States (POTUS) Donald J. Trump, and Vice President Mike Pence personally address their trade group.

SmallBusinessOptimismSBOVariousIndiceNFIBDailyBusinessNewsMHProNews

A net 10 percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months compared to the prior three months, up two points, stated the NFIB. They said that August is the ninth consecutive strong month of reported sales gains after years of low or negative numbers.

NFIB9-2018AreBusinessesPlanningToHireDailyBusinessNewsMHProNews

The net percent of owners planning to build inventories rose six points to a record net 10 percent, the 14th positive reading in the past 22 months.

NFIBChiefEconomistBillDunkelbergCreditReviewJournal-postedManufacturedHousingIndustryDailyBusinessNewsMHProNews

NFIB Chief Economist Bill Dunkelberg, credit, Review Journal.

The frequency of reports of positive profit trends rose two points to a net one percent reporting quarter on quarter profit improvements, the second highest reading in the NFIB survey’s 45-year history.

At the beginning of this historic run, Index gains were dominated by expectations: good time to expand, expected real sales, inventory satisfaction, expected credit conditions, and expected business conditions,” said NFIB Chief Economist Bill Dunkelberg. Now the Index is dominated by real business activity that makes GDP grow: job creation plans, job openings, strong capital spending plans, record inventory investment plans, and earnings. Small business is clearly helping to drive that four percent growth in the domestic economy.”

As reported in their recent NFIB’s monthly jobs report, a seasonally adjusted net 26 percent of owners plan to create new jobs.  38 percent of owners reported job openings they could not fill in the current period, both survey highs.

 

NFIB92018AreBusinessesHiringWorkersDailyBusinessNewsMHProNews

Sixty-two percent of owners reported trying to hire, with 89 percent of those owners reporting few or no qualified applications for their open positions.

CanSmallBusinessHireEnoughWorkersNFIB92018DailyBusinessNewsMHProNews

A record 25 percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, up two points from last month.  That’s this morning’s “News through the lens of manufactured homes, and factory-built housing © where “We Provide, You Decide.” © ##  (News, analysis, and commentary.)

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Really? Taxes are Cut, Tax Collection and Revenue Grows?

Draft EO for Trump Administration AntiTrust Order Obtained by MHProNews

Actions Speak Louder, But Words Followed by Deeds Matter to MHVille Owners, Professionals and Investors – Plus Sunday Morning Weekly Recap 9.16 to 9.23.2018

 

From Builders, Construction, & Manufactured Housing – July Business, Jobs, Confidence Report

August 16th, 2018 Comments off

 

FromBuldersConstructionManufacturedHousingDailyBuisnessNewsMHProNewsThe National Federation of Independent Business (NFIB) is a national trade group that reportedly includes hundreds of manufactured housing connected members, among their 325,000 total members.

 

NFIB is big enough to do the kind of research that most manufactured housing industry specialized trade associations can’t afford to do, or in one case, won’t do.

SmallBusinessConfidenceOptimismNFIBJUly2018DailyBusinessNewsMHProNEws

Among those are business confidence surveys, as well as what the top issues that faces independent businesses, trends, and so forth.

NFIBJulySmallBusinessesPlanningHireDailyBusinessNewsMHProNews

From a media release to the Daily Business News on MHProNews: “The July jobs report shows the magnitude of small businesses that are growing and hiring at record levels, creating new jobs and opportunities for the workforce, and offering employees higher compensation,” said NFIB President and CEO Juanita D. Duggan.

SmallBusinessesHiringWorkersJuly2018NFIBDailyBusines

Job openings are most frequent in:
construction (57 percent),
manufacturing (46 percent),

and wholesale trades (45 percent).

Small business owners reported job openings for both skilled and unskilled labor. Thirty-three percent reported openings for skilled workers and 15 percent reported openings for unskilled labor, both two points higher than June’s report,” the NFIB tells MHProNews.

NFIBJob_sJuly2018ManufacturedHousingINdustryDailyBuisnessNewsMHProNews

Small business owners are continuing to show that they’re looking to hire and willing to pay more to hire the right employees,” said NFIB Chief Economist Bill Dunkelberg. “Record job openings suggest that the economy can keep up its growth pace over the next few years if the labor shortage can be resolved or mitigated.”

CanSmallBusinessHireEnoughWOrkersJuly2018NFIBDailyBusinessNewsMHproNews

The report fits with other economic data, including in our evening manufactured housing industry market report, linked below.  “We Provide, You Decide.” © ## (News, analysis and commentary.)

(Third party images, content are provided under fair use guidelines.)

 

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

 

 

 

Related Reports:

Kudlow Says “We Are Crushing It,” Plus Manufactured Housing Market Updates

 

Act Now to Make Tax Cuts for Small Business Permeant

June 21st, 2018 Comments off

 

NFIBSmallBusinessTaxCutsManufacturedHousingIndustryDailyBusinessNewsMHProNews550x

Congress will soon consider permanently extending certain provisions of the “Tax Cuts and Jobs Act.”  Said the National Federation of Independent Businesses (NFIB) in a media release to the Daily Business News.

According to a recent NFIB member ballot, “over 90 percent of small business owners support permanently extending the expiring provisions of the Tax Cuts and Jobs Act.”

Removing the December 31, 2025 sunset date for small business provisions of the Tax Cuts and Jobs Act will provide long-term certainty and allow business owners to continue to expand and grow the economy,” the NFIB said.

You can contact your legislators right now via an email system that the 325,000 member strong NFIB offers, to tell Congress to permanently extend the small business provisions of the law.

Given that several Democrats are pledging to reverse the tax cuts, if they retake the House and Senate, the time to act is now. The link to use to contact your congressman and senators is found here. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images, and content are provided under fair use guidelines.)

Related Reports:

Owners Report Increased Profits, Compensation, Expansion Plans

“Americans Deserve Accountability from Their Government,” Reforms, Result$, Counted, and Coming

America First, Economic Nationalism, Sycophancy, Presidents and Manufactured Housing’s Future

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Celebration, Fact Check$, Plus Small Biz Nuts and Bolts on 2018 Tax Changes

January 3rd, 2018 Comments off

TestingTaxCutsCBSDailyBusinessNewsMHProNewsThe National Federation of Independent Business (NFIB) issued the following statement in a release to MHProNews.

President and CEO Juanita Duggan, speaking about the on Tax Cuts and Jobs Act becoming law:

NFIB fought for decades for a real tax cut for small business owners. The Tax Cuts and Jobs Act dramatically improves the way small businesses are treated, delivering hundreds of billions of dollars in tax cuts,” she said.

Small business optimism has been near record highs all year long in anticipation of this moment. Starting in 2018, millions of small businesses will have substantially more money to convert their optimism into investments. They can buy new equipment, increase inventory, pay workers more, create new jobs, and engage in the economic activities that drive the U.S. economy,” per Duggan’s statement.

VPMikePenceNFIBPresidentJunaittaDugganSmallBusinessConfidenceThe Tax Cuts and Jobs Act is a once-in-a-generation achievement. This is a historic day for small business and the country. We are grateful to President Trump for his leadership on this issue, which started even before he took office. Today he fulfilled his promise to cut taxes for American small businesses,” according to the NFIB.

From left-of-center CBS, we learn that the tax cut bill will in fact help the middle class.

As regular Daily Business News readers know, NFIB has over 300,000 members, hundreds of whom are reportedly from the manufactured home industry.

While the tax law will bring changes that are routinely being celebrated, per experts, as good for the middle class and small business, understanding the changes can help maximize benefits for small businesses.

The right-of-center Fox Business video above may prove useful. ## (News, analysis, commentary.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Small Business Legalese, Restrictive Contracts to Protect Company Information, 2 Minute Video Tips

November 22nd, 2017 Comments off

BethMilitoSrCounselNFIBSmallBusinessLegalCenterDailyBusinessNewsMHProNewsTrade associations often provide a variety of services, such as discount offers, to their members.

In the case of manufactured housing, you also have the group’s lobbying and advocacy activities.

But with most state associations limited to a few hundred companies, beyond the basics of an annual meeting, networking, some education, etc., it’s difficult for a state association to afford to do more.

Beyond what state associations do for industry professionals, the National Federation of Independent Business (NFIB) may provide other options to leverage the influence of an organization of some 325,000 members, several hundred of home are in factory built housing.

The NFIB has been a strong and effective advocate on issues that impact businesses, such as tax reform. VP Mike Pence, is among the Trump Administration officials who have shown their open ears and minds to NFIB in substantive ways.

NFIB’s Juanita Duggan Cheers, Leads, Explains Why on Tax Reform for American Businesses

Part of what those dues dollars yields are how to videos and tips, like the one shown in this post on protecting company secrets.

These legal tips are less than 2 minutes, and may prove useful to many industry companies. Sr. Counsel Beth Milito, JD, provides this introduction to tips for protecting your companies confidential information.

Because the video offers generic tips in under 2 minutes, thoughts or ideas you pick up from this video should be double-checked with a legal expert in your market.  © ## (News, tips, and commentary.)

National Association Related.

Study Recommending New Manufactured Housing Association for Independent Retailers, Communities, Lenders, Others Released

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.