Operations & Finance

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Looking Back on Titan’s 10 Years as a Public Company

CEO David Meyer reflects on how business has changed for Titan Machinery since going public and where the industry is headed.
Today, Titan Machinery is North America’s largest farm equipment dealership group. In 2006, the group was selected as Farm Equipment’s Dealership of the Year. At that point, Titan owned and operated 29 dealer locations.
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Dealer Operations Report

How Will 2017 U.S. Tax Reform Impact Your Dealership?

Curt Kleoppel and Eric Wareham of the Western Equipment Dealers Assn. provide details on what the Tax Cuts & Jobs Act means for farm equipment dealers in the U.S.
In late December 2017, President Donald Trump signed the Tax Cuts & Jobs Act into law, marking the first significant tax reform in the U.S. since the Reagan administration in the 1980s.
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Dealer Operations Report

Rising Expenses are Eroding Dealer Profits

Declining equipment sales coupled with increasing expenses is keeping the pressure on dealers’ bottom line.
While the financial and operational performance of North American farm equipment dealers showed some improvement last year, several warning flags also popped up indicating ag machinery retailers need to sharpen their pencils and attention to finances.
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Dealership Operations Report

While manufacturers and industry analysts have noted in recent months that the farm equipment industry has entered a replacement cycle, equipment sales alone don’t tell the full story of a farm equipment dealership’s health and profitability. Expenses, inventory management, marketing and other aspects of the business all factor into a dealership’s success.
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