Growing responsibly Over the past couple years; Monk Renovations has been able to grow significantly, even throughout the pandemic. Last year alone, Dan estimates the company grew by 35 per cent. Moving forward, his goal is to keep that growth going – and to add team members to accommodate it, as there “are only so many hours in the day,” and thus only so much he can look after personally. Today, the company’s direct team consists of Dan as the owner, three project managers, 11 carpenters and carpenter-apprentices, and a design department consisting of two designers and one project coordinator. As the company grows, Dan intends to restructure it somewhat to give those team members more individual responsibility and give them more opportunity to stretch their wings professionally. “I want to empower my project managers,” he explains. “I want togive themmore responsibility. I’ll still be ultimately responsible for the overall project, but I know that in order to grow I’ll need to cede some of the dayto-day responsibility.” And Dan does see the company growing, he reiterates: “Our city is growing,” he concludes. “There’s no sign of that changing. The real estate market is growing. The value of real estate has been increasing, so we’re seeing more people renovating older product, which is great for us. I see us doubling the size of our business over the next five years.” MAY 2022
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