Items Tagged with 'aftermarket absorption'

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Cost of Doing Business

How Dealers are Measuring Up

The 2016 Cost of Doing Business study reveals areas where dealers must up their performance to get back to being profitable.
When it comes to unit sales of farm machinery, in the past 5 years North American farm equipment dealers have seen the highest highs and the lowest lows they’ve experienced in the past 3 decades. As sales rose in 2012 and 2013, so did many of the industry’s operational and financial measures. Likewise, as sales began dipping in 2014, these same indicators reflected the industry’s downturn.
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12th Annual Awards Program Recognizes Industry’s Top Dealer

Despite the downturn in the ag economy, the independent judging panel once again had an impressive pool of candidates to choose in naming as this year’s Dealership of the Year recipient. Commenting on the pool of nominees the judges say, “We feel all nominees have done a very good job in profitability in view of the ‘down’ year in agriculture.”
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Cost of Doing Business: How Far Have We Really Come?

Tracking financial and operational measures shows how dealers have or have not improved their business performance over the years.
Any farm equipment dealer who's been around more than a few years knows how dramatically this business has changed. For one thing, everything about agriculture seems to have gotten bigger: bigger dealers with bigger sales territories; bigger customers with bigger demands; bigger and more expensive equipment; bigger top and bottom lines.

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