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Webinar Replay

How Do You Make Your Dealership’s Audit or Review Valuable? [Webinar]

February 3, 2022 | Posted in Manufacturer & Dealer Issues, Operations & Finance
Whether you have had a Dealership audit for years or are in the middle of your first or second, you will no doubt agree that the audit is expensive and time consuming and often results in a report with three- or six-month-old numbers you already knew. The OEM and the bank see value in your audit, so what kind of value should you be able to get?
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Used Equipment Remarketing Roadmaps

[Podcast] Boots on the Ground with Flint Ag

In this episode, brought to you by Agrisolutions, hosts Casey Seymour and Aaron Fintel sit down with Eddie Claxton and Lou Bordoni from the Georgia-based John Deere dealer Flint Ag. Casey and Aaron get a “boots on the ground” perspective from Eddie and Lou about the used equipment market in their region and how the current cotton market is impacting things.
February 3, 2022 | Posted in Used Equipment Remarketing, Operations & Finance, Dealer News
In this episode, brought to you by Agrisolutions, hosts Casey Seymour and Aaron Fintel sit down with Eddie Claxton and Lou Bordoni from the Georgia-based John Deere dealer Flint Ag. Casey and Aaron get a “boots on the ground” perspective from Eddie and Lou about the used equipment market in their region and how the current cotton market is impacting things.
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Cost of Doing Business

Dealers Report Strong Revenue, Gross Margins & Profits

The latest Cost of Doing Business study reported increased revenue and profit, as well as improving gross margins dollars on parts, service and wholegoods in 2020.
By Ben Thorpe posted on January 24, 2022 | Posted in Data & Forecasts, Operations & Finance

North American dealers reported strong financial results for 2020, according to the results of the latest Cost of Doing Business study from the Western Equipment Dealers Assn. On average per location, revenue, profit and gross margin dollars were all up.


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Webinar Replay

An In-Depth Review of the 2021 Cost of Doing Business Study [Webinar]

October 6, 2021 | Posted in Best Practices, Data & Forecasts, Operations & Finance
Equipment Dealer Consulting LLC, the certified accounting firm affiliated with Western Equipment Dealers Assn. (WEDA), has released the 2021 Cost of Doing Business Study, a financial and business operations study providing you with straightforward guidelines for analyzing the profitability of equipment dealerships including all brands across the United States and Canada. Gord Thompson and Curt Kleoppel, CPA, CVA, review and analyze the findings from this year’s report and what that could mean for your dealership in 2022. [To view any of our webinar replays, you must be logged in with a free user account.]
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Point/Counterpoint

Does Selling Shortlines Make Sense? Two Industry Veterans Debate the Value to Dealers

We asked two industry veterans — Charlie Glass, chairman emeritus of the Farm Equipment Dealers Assn.’s Dealer Relations Committee, and Dr. Jim Weber, a management consultant to the ag equipment industry — to argue their case for why dealers should, or should not, add shortlines to their offerings.
By Charlie Glass and Dr. Jim Weber posted on August 25, 2021 | Posted in Operations & Finance
We asked two industry veterans — Charlie Glass, chairman emeritus of the Farm Equipment Dealers Assn.’s Dealer Relations Committee, and Dr. Jim Weber, a management consultant to the ag equipment industry — to argue their case for why dealers should, or should not, add shortlines to their offerings.
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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.
MonTag

Montag Mfg

Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.

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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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