Articles Tagged with ''revenue''

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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Wider World of Business

6 Tips for Reading an Income Statement

Our very first consulting client was a home health-care business. As part of our initial analysis, we asked to see financial statements, and the owner handed us a three-ring binder containing monthly financials — meaning an income statement, balance sheet and cashflow projections.
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Precision Farming Dealer’s 2016 Benchmark Study

Challenging Year Ahead for Growing Precision Revenues

Only 40% of dealers expect some growth in their precision farming sales due to continuing headwinds in agriculture.
Increasing the revenue stream from the sale of precision farming equipment and service in 2016 is expected to remain a significant challenge for North American dealers. At the same time, according to Precision Farming Dealer’s 2016 Benchmark Study, 40% of the total survey respondents are confident that they’ll be able to increase revenue during the current sales year.
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