Opinions & Columns

From the Desk of Dave Kanicki

New Year's Resolutions

I've never been a big believer in resolutions for the sake of making resolutions, particularly as an old year comes to an end and new year approaches. On the other hand, I came across something in 1975 that has remained in my "Food for Thought" file since then, and which I make a point of reading at least once a year.
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George Russell
Technology for Profit

Make Your DBS More Productive

Farm equipment dealers, like most computer software and hardware users, use only a small portion of the features built into the systems they work with every day. Studies show users utilize only about 30% of the available features in many systems at the top of the range and as little as 10% of the built-in features are exploited by any one user. This low utilization rate is the same whether it's a dealer business system (DBS) or a general computer application like Microsoft Word.
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Dr. Jim Weber
Business of Selling

Consider an Ancillary Compensation System

While a survey of dealers revealed that 98% of respondents paid their sales personnel either on the basis of salary (30%), cash difference (28%), salary plus commission (19%) or gross margin (21%), the remaining 2% of dealers paid their sales staff utilizing an undisclosed form of compensation. This column, the last in a four part series on sales personnel compensation, will explore possible compensation systems that may have been used by one in 50 dealers.
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From the Desk of Dave Kanicki

The "Good Old Days"

Talk about the "good old days" and things we probably will never see again, during the last month or so, Mike Lessiter and I had the enviable task of interviewing four, now-retired farm equipment legends who were a big part of some of the best and worst times in this business.


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From the Desk of Dave Kanicki

Positive Data in Deere's Report

Forecasting is often difficult even in the best of circumstances, but projecting what 2013 could look like is an even bigger headache than usual for most dealers. The best part of it is it still looks like it will be a pretty good year.
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From the Desk of Mike Lessiter

Recalling the Past

Much to my wifes dismay, I'm about to hit the road again tomorrow after only a couple nights back home. (OK, to be honest, the only problem is the fact that last weeks bag is still on the floor while I'm packing up another one.)
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From the Desk of Mike Lessiter

Succession Plan

Last Thursday, I hit the road with my dad, Frank (Lessiter Publications Founder) for a few days to celebrate his 73rd birthday. And at least for a portion of our trip (no thanks to the lost GPS signal, nor the old man's navigation skills), the quote above applied to us. But I digress...
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Price is Only One Thing Customers Shop For

In the past few weeks I've begun hearing from some dealers about how the major farm equipment manufacturers seem to be getting "pretty aggressive on pricing,"? as one dealer put it. That's code for they "are cutting prices for any number of reasons,” gaining market share, reducing inventory, whatever.
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