Shay Foulk

Shay Foulk

Shay Foulk is a global business consultant with Ag View Solutions. He focuses on Business Structuring, Equipment Analysis, Cost of Production, Transition Planning, Peer Group Facilitation, Speaking and Writing for various leading agricultural publications. Shay farms and runs a regional seed business with his wife and father-in-law in Northwestern Illinois. 

ARTICLES

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Long-Term Equipment Management Strategies for Dealers, Part 3

Equipment Rates Built for Individual Farms & Equipment Companies

If you asked your customers their equipment cost per acre, would they have an answer for you? Some might have a general idea of what their principal and interest payments are annually and could arrive at a per acre cost. But would that include key factors like depreciation, inflation and appreciation in equipment costs over the lifetime of the equipment fleet? Most likely, no.


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Long-Term Equipment Management Strategies for Dealers, Part 1

The 3-5 Year Equipment Outlook Tool

The airline industry rolls out new airplanes with an anticipated life expectancy. Some aircraft are designed for 15-20 years of heavy use, while others are designed for much longer periods of time; 80-100 years. This evaluation is made based on estimated miles, conditions, environments, and specific uses. Why then, do we do such a poor job of handling our farm equipment the same way?


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