ST. LOUIS, Mo. — The Equipment Dealers Association will be joined on May 31, 2017 by Rex Collins of HBK CPAs & Consultants to present a free webinar to EDA’s members. Collins recently authored an article for EDA’s weekly e-newsletter, summarizing the importance of accurate business valuations and how to best determine a dealership’s value.
In his 45 minute webinar, Collins will dive deeper into the topic, discussing how:
- A glut of used agriculture equipment in the market has weakened values.
- Manufacturers believe the market will support only the strongest dealerships, and are pressuring dealers to get big, by sale or merger.
- Lower commodity prices resulting from increased production in recent years are driving down prices for agricultural equipment in the U.S. and worldwide.
- A strong fixed operations will help to support a higher value.
Additionally, Collins will cover the factors that impact a valuation in today’s market, such as business diversification, location, financial performance and more!
Whether you’re in the market to buy or sell, you don’t want to miss the opportunity to learn from an industry expert! Bring your questions — there will be a 10-15 minute Q&A session at the conclusion of the webinar.
The webinar is scheduled for Wednesday, May 31st at 12:00pm (central).
After registering, you will receive a confirmation email containing information about joining the webinar.
Founded in 1900, the Equipment Dealers Association (EDA), formerly known as the North American Equipment Dealers Association, is a non-profit trade organization representing 4,500 retail dealers extensively engaged in the sale and service of agricultural, construction, industrial, forestry, outdoor power, lawn and garden, and/or turf equipment. EDA provides essential value to its members by enhancing the dealer-manufacturer relationship and advocating for a positive legislative and regulatory environment. EDA is headquartered in St. Louis, MO and is affiliated with regional associations located throughout the U.S. and Canada. For additional information, visit www.equipmentdealer.org.