Articles by Kim Schmidt

Kim Schmidt
From the Desk of Kim Schmidt

Would TPP Hurt or Help Farm Equipment Dealers?

Last week, President Trump signed an executive order that pulled the U.S. out of the Trans-Pacific Partnership (TPP). It’s important to note that while the trade deal had been negotiated, it had never been ratified. While the executive order makes good on Trump’s campaign promises, I find myself wondering if it’s any good for the U.S. ag economy and more specifically farm equipment dealers. The American Farm Bureau Federation would argue it’s not.
Read More
Kim Schmidt

How Did 2016 Stack Up for You?

It seems as if I blinked and 2016 came and went. It was certainly a wild year, and while many people are glad to move on and forge ahead with 2017, I encourage you to take some time to reflect on the successes your dealership and employees had last year.
Read More
Turning-Dealership-Around-Art.png

Case Study: Bringing a Dealership Back from the Brink

In the span of 12 months, this dealership gained 22.5 points of market share and inventory turns went up half a point.
When Scott Weber, senior consultant and managing director with Spader Business Management, is contacted by a struggling dealership he focuses on properly diagnosing the situation before prescribing a solution. “It’s called our 3-D process and the first step is discovery.”
Read More
Special Report

Turning Your Dealership Around

From not managing used equipment inventories to an over extended dealer-principal, industry experts cite areas that can lead to a dealer’s underperformance. Recognize the warning signs, and you can turn things around.
The ag economy is cyclical, as everyone knows, and operating a dealership through the trough period of the cycle isn’t a new challenge. But for the younger generation of dealer management, it’s not a challenge they’ve faced until now.
Read More
Charter Logo

Using Technology to Better Serve Your Customers [Webinar]

In this webinar, we dug into how you can use technology as an accelerator and how different tactics and tools are needed to reach your changing customer demographic. As those customers change, you need to adapt your marketing strategy. During the presentation, Anne Salemo addressed different approaches to take for Baby Boomers, Generation X and Millennials. [To view any of our webinar replays, you must be logged in with a free user account.]
Read More
WEDA Dealer Institute

Digging into the 2016 Cost of Doing Business Study [Webinar]

The Cost of Doing Business study is one of the industry's most valued publications and is currently prepared and published by the Western Equipment Dealers Assn.. The annual study is broken down by dealer type (agricultural, industrial, and outdoor power) and encompasses 14 important financial and operating ratios of North America's equipment dealers. Learn more about this important tool and hear industry experts provide insight about trends impacting equipment dealers across North America. This FREE webinar is brought to you by the WEDA Dealer Institute. [To view any of our webinar replays, you must be logged in with a free user account.]
Read More
K•Coe Isom

Making your Buy-Sell Agreement Relevant in Today’s Dealership Economy [Webinar]

If you are in business as a dealership, it should be a safe assumption that you have a Buy-Sell Agreement. But, has your Buy-Sell Agreement been stress-tested as much as your dealership has in the last few years? In this webinar, expert consultants in the farm equipment dealership industry, Cole Baker and Marc Johnson, shared their insights in assisting dealerships to update their agreements. This FREE webinar was brought to you by K•Coe Isom. [To view any of our webinar replays, you must be logged in with a free user account.]
Read More

Top Articles

Current Issue

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More
Top Directory Listings