Home / Topics / Best Practices

Best Practices
Best Practices RSS Feed RSS

WEDA Dealer Institute

Family Owned Business: FUN or DysFUNctional? [Webinar]

July 31, 2018 | Posted in Best Practices
A family owned business should be a lot of fun, as siblings have an opportunity that most people don’t have. That should be exciting and rewarding. Instead, it can lead to dysfunction, heartache and pain. In this free live webinar, Larry Cole, WEDA Dealer Institute trainer, discusses family business dysfunctions and strategies to create a positive and fun experience. [To view any of our webinar replays, you must be logged in with a free user account.]
Read More
Wider World of Business

Business Planning: Real Time Data is the Difference Between Thriving and Surviving

Our real-time world means that business planning is an ongoing process, one that requires analysis of a host of business KPIs and what if-scenario planning nearly every day.
July 27, 2018 | Posted in Best Practices
Source: Financial Executives International
Nothing has revolutionized the business world more than the digitization of business. There once was a time when executive teams could create a business plan annually and assume that things would more or less progress as anticipated.
Read More
Wider World of Business

These Are the Six Things the Best Mentors Never Do

Mentoring is tough. Get better at it by avoiding these common missteps.
July 20, 2018 | Posted in Best Practices
Source: Fast Company
Good mentoring relationships can yield a variety of benefits for both mentor and protégé. But the art of mentoring can be difficult to master — and missteps can undermine the process for each participant.
Read More
Lessiter

Dig Down to Find Your Grit ... Part 1

Interviews with ag equipment entrepreneurs stoked a fire to deep dive on “grit.” Mike Lessiter studies Dr. Angela Duckworth’s analysis and shares of takeaways in part 1 of this series.
By Mike Lessiter posted on July 17, 2018 | Posted in Best Practices, Department Management, Dealer Succession
Why is grit important? Because the struggle tells you more about yourself than any easily-found success, and it keeps in perspective that the “burn” of the journey is as important as the finish line.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

The Impact of Being Named Dealership of the Year

July 13, 2018 | Posted in Best Practices, Department Management, Dealer News
Owner Gary Reynolds, CEO Mitch Frazier and COO Chris O’Neal of the Reynolds Farm Equipment team talk about what being named Farm Equipment’s 2018 Dealership of the Year means to them. In a time of massive industry-wide change, they are grateful to be recognized for their team’s hard work — but that doesn’t mean they’re ready to rest on their laurel’s just yet.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

Opportunity Provided by a New Facility

July 13, 2018 | Posted in Best Practices, Facilities, Dealer News
Mitch Frazier, CEO of Reynolds Farm Equipment (Farm Equipment’s 2018 Dealership of the Year), discusses the new facility in Lebanon, northwest of Indianapolis the dealership is working on. The new facility will be an updated space with opportunities for growth that can better meet the needs of consumers in the area.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

Making a Commitment to Customer Satisfaction

July 13, 2018 | Posted in Best Practices, Dealer News
CEO Mitch Frazier and President Angela Hungate of Reynolds Farm Equipment (Farm Equipment’s 2018 Dealership of the Year) talk about the importance of customer satisfaction. It’s all about making sure every member of your team is truly dedicated to working together to give customers the best experience possible.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

From Farm Equipment Dealership to Cafe Owner

July 13, 2018 | Posted in Best Practices, Facilities, Dealer News
Who says your dealership has to be all work and no fun? Angela Hungate, president of Reynolds Farm Equipment (Farm Equipment’s 2018 Dealership of the Year), talks about her father’s (Owner Gary Reynolds) long-time dream to bring employees and customers together by building a café at one of his dealerships.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

Empowering Employees to Improve the Business

July 13, 2018 | Posted in Best Practices, Precision Ag Sales & Service, Dealer News
CEO Mitch Frazier and Owner Gary Reynolds of Reynolds Farm Equipment (Farm Equipment’s 2018 Dealership of the Year) share insights on how empowering employees can improve your business outcomes. At their dealership, employees are encouraged to bring in new ideas that are actually taken seriously. The results are happier employees and better sales.
Read More
2018 Dealership of the Year: Reynolds Farm Equipment

Driving Fun, Intradepartmental Competition with Scorecards

July 13, 2018 | Posted in Best Practices, Dealer News
Jon Schwander, CFO of Reynolds Farm Equipment (Farm Equipment’s 2018 Dealership of the Year), explains how he used scorecards to encourage friendly competition and drive sales at his dealership. This simple tool improves communication and productivity by giving each employee a personal stake in the company’s success. When you make work fun, everyone wins, he says.
Read More

Top Articles

Current Issue

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More

Farm Equipment Videos

View More
Top Directory Listings
A&I-Consumer-Large.png

A&I Products

Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.

Yetter farm equipment since1930 01

Yetter Farm Equipment

Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Machinery Scope

Machinery Scope

At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
View More