While oil companies might be gouging us at the gas pumps theses days, the majority of consumer product price increases are factually price increases along supply lines and shipping. Small businesses and local farmers are trying to stay in business!
A major corporation usually has reserves to rally them through economic storms. Those reserves came from high profits, and high prices, over decades.
Small businesses rarely have such reserves. They are affected directly by supply chain price increase and transportation of those supplies. When you are dealing with a small business, if price increases bother you, know that it is not the business that is trying to make more money off of your purchases. It is, rather, a business trying to stay alive and cope, as well as possible, with the current soaring prices of raw materials, and goods in general.
Modern Family Kitchens is a small business of expert kitchen designers and administrative helpers. We offer hands on support to our clients and we do all we can to provide excellent service. We believe ourselves to be trustworthy and trusted.
The factory, here in the US, from which we procure our clients’ cabinets, is considerably larger, but still a small business (under 500 employees). They deal, daily, with supply chain price increase and the challenges of finding ways to contain their cabinet prices. Over the past few years the quality and production time of our cabinets has remained excellent.
We know that price increases are real (we buy groceries, too!) and unavoidable for some businesses. Nonetheless, we are doing our best to keep our prices down. There have been factory price increases since Covid started and there was a small increase in mid-2022. It is possible that, based on the economy in the US in 2023, there will be further increases though we expect them to be modest, 10-15%.
Note that fees for our professional design services have remained stable for over 5 years.
Whether or not you can manage a remodel in the coming year, please understand that under any economic circumstances, we’ll always work to help you create a beautiful kitchen for the most affordable price.