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[Webinar] Drivers of the Business: Financial Metrics for the Non-CPA

By Kim Schmidt posted on April 26, 2016 | Posted in Operations & Finance
During this webinar, Mike Hedge reviews how basic financial statements fit together and what they measure. He also introduces a few key metrics that he believes are key to helping dealers maintain a healthy business for the long run. This live event took place at 2:00 p.m. CDT on April 26, 2016. [To view any of our webinar replays, you must be logged in with a free user account.]
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Waterpark Development is a Major Departure for Hlavinka Businesses

By Dave Kanicki posted on April 8, 2016 | Posted in Operations & Finance
As the timeline of Hlavinka Equipment will attest, operating a diverse business is nothing new for the Hlavinka family. Since its founding in 1939, when Joe Hlavinka Sr., partnered with the Boettcher family to purchase the Farmers Lumber Co. in East Bernard, Texas, the Hlavinkas have owned and operated various businesses, from lumber and hardware to coffins and construction.
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Hlavinka

Business Diversity Means ‘Opportunity’ for Hlavinka Equipment

While keeping its focus on ag, this dealer group actively looks for other opportunities to serve its farm customers.
By Dave Kanicki posted on April 6, 2016 | Posted in Operations & Finance
As the timeline of Hlavinka Equipment will attest, operating a diverse business is nothing new for the Hlavinka family. Since its founding in 1939, when Joe Hlavinka Sr., partnered with the Boettcher family to purchase the Farmers Lumber Co. in East Bernard, Texas, the Hlavinkas have owned and operated various businesses, from lumber and hardware to coffins and construction.
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Dan Crummett
Ahead of the Curve

Dynamic Pricing Will Change Ag Retail

By Dan Crummett posted on March 12, 2016 | Posted in Best Practices, Operations & Finance
We’ve heard for years that “information is power” and one needs to look no further than the travel industry to see the effects online commerce has had in the buying and selling of airline tickets and hotel room rentals. Very few people call a travel agent to take care of those things today, whereas 20 years ago, company or independent agents booked nearly all flights and a significant amount of lodging and rental car business.
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Dan Crummett
Ahead of the Curve

Ahead of the Curve: Dynamic Pricing Will Change Ag Retail

By Dan Crummett posted on March 12, 2016 | Posted in Best Practices, Operations & Finance
We’ve heard for years that “information is power” and one needs to look no further than the travel industry to see the effects online commerce has had in the buying and selling of airline tickets and hotel room rentals. Very few people call a travel agent to take care of those things today, whereas 20 years ago, company or independent agents booked nearly all flights and a significant amount of lodging and rental car business.
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McFarlanes’ is Back & Bigger Than Ever

By James DeGraff posted on March 12, 2016 | Posted in Dealers on the Move, Operations & Finance, Facilities
Upon driving up to the front of the new McFarlanes’ facility in Sauk City, Wis., I double-checked my GPS to make sure we hadn’t made a mistake. Expecting to see an average-sized dealership with some signage and maybe a few machines on display, I instead fixated my eyes on what could’ve been assumed to be an NFL practice facility or indoor theme park had I not known better.
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Building Profits Through Key Performance Indicators

[Webinar] Managing By the Numbers

February 23, 2016 | Posted in Operations & Finance
Farm Equipment's sister publication, Rural Lifestyle Dealer, presents a new webinar, "Managing By the Numbers" In it, Rural Lifestyle Dealer columnist Bob Clements shares how your business management software can help you improve the performance of the people and profitability of each of your departments. [To view any of our webinar replays, you must be logged in with a free user account.]
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Dealership Minds 2016 Overview: Kern Machinery

Adapt and adapt again is this dealership’s mantra as it thrives in California’s highly diverse and rapidly changing ag environment.
By Farm Equipment Staff posted on February 13, 2016 | Posted in Best Practices, Operations & Finance, Department Management, Dealer News
In the fourth of Farm Equipment’s every-other-year Dealership Minds series, six editors travelled to central California to experience first-hand how a successful dealership — Kern Machinery — operates in a market where agriculture can only be described as “diverse,” “intensive” and “rapidly changing.” It wasn’t that long ago when cotton, potatoes and hay dominated the landscape. Today, vegetables, fruit, grapes and nuts are taking over.
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2026 Dealership of the Year, Messick’s Equipment, Mount Joy, Pa.

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2025 Dealer Hall of Fame: Raymond P. Koenig

2025 Dealer Hall of Fame: Raymond P. Koenig

During the 2025 Dealership Minds Summit, we honored the recipients of the Dealer Hall of Fame award. Among the award winners was the late Raymond P. Koenig of Koenig Equipment. To receive the award and speak on his uncle's behalf, Aaron Koenig, CEO of Koenig Equipment shares a few words.

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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.

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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.
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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.
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