In the last post, we discussed some of the basic ways schools can save money by investing in economical portable buildings to accommodate extra students. And the fact is, almost all (99%) of schools have permanent buildings, and 31% have portable (temporary) buildings. Understanding the ways in which modular classrooms can save schools and educational facilities money is the key to making the best financial decisions. Here’s part two of our guide that will explore some more unique ways in which schools can save funds by investing in cost-effective portable buildings.
Rent Extra Space
Modular classrooms are considered to be some of the most versatile spaces when they’re not being used for students during school hours. With this in mind, many schools bring in extra income by renting out their extra spaces during evenings and/or weekends. There are countless ways to advertise and rent out your school or educational facility’s additional spaces, and doing so will earn income that can be used for an almost unlimited number of purposes, from purchasing extra supplies for students, increasing activities, and more. Don’t neglect the buying power that your school can build by earning the virtually free income that comes with renting additional space.
Finally, investing in economical portable buildings ensures that you’re getting the highest quality possible for the price. The initial cost of a portable classroom was found to be between 36% and 77% of the cost of a site-built classroom addition, but the quality is much better in proportion. Most manufacturers have very strict quality standards when it comes to determining the materials and construction methods being used to build the classrooms and other modular buildings. Taking this into consideration, there’s simply no need to invest in tedious and incredibly time-consuming classroom additions that are being constructed using traditional methods when modular solutions provide the same results at just a fraction of the cost.
Ultimately, nearly 40% of contractors surveyed said that prefab and modular construction is a growing part of their companies as well as part of their future strategic construction initiatives, and one of the major reasons why involves basic economics — in most cases, portable buildings are more affordable and better quality. For more information about portable buildings for sale, contact ABS.