Operations & Finance

A look at the business side of selling equipment, including what numbers to measure in your dealership and how successful farm equipment dealers manage absorption, cashflow and inventory turns.



Eis Implement Makes Strides as Single-Store Operation

Empowering employees to make the decision on margin vs. increased unit sales on a case-by-case basis has helped the dealership improve its absorption rate.
The single-store John Deere dealership can be hard to find these days, but in Two Rivers, Wis., Eis Implement is a thriving business that has found ways to make its smaller footprint work in its favor.
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Dealership Minds: H&R Agri-Power Amps Up Sales with Power EQ

Easy-to-use web-based program simplifies appraisal process, streamlines communication.
We needed a consistent way to quote equipment to our customers,” says the CFO of H&R Agri-Power, a 17-store Case IH dealer headquartered in Hopkinsville, Ky. “We also needed a consistent way to collect data on trade-ins, and we needed to be able to document the bill of approval.
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Dealership Minds: Financing Solutions to Keep Sales Selling

With 75% of customers financing their wholegoods purchases, H&R Agri-Power’s Finance & Insurance Manager Josh Arnall focuses on structuring plans that work for the farmer and the dealership.
Josh Arnall is a numbers guy who likes planning and solving problems. As the finance and insurance manager for H&R Agri-Power, his day-to-day is full of managing the numbers and solving problems, but his planning usually is sacrificed to what he calls “the tyranny of the urgent.”
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Dealership Minds: CFO: ‘Conducting’ the Orchestra

To be honest, I couldn’t tell you if Chief Financial Officer Ronnie Barnett can play or read a single note of music (although there are photos of Barnett, the Hunts and other H&R staff in a Lynyrd Skynyrd lip sync performance at a United Way event). But after observing Barnett and the role he plays within H&R Agri-Power, one could draw a conclusion that he could do well with a baton in his hand.
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