Understanding the current financial state of the farm equipment industry is crucial to establish benchmarks and comparisons for your dealership. Equipment Dealer Consulting LLC, the certified accounting firm affiliated with Western Equipment Dealers Assn. (WEDA), has released the 2018 Cost of Doing Business Study, a financial and business operations study providing you with straightforward guidelines for analyzing the profitability of equipment dealerships including all brands across the United States and Canada.

Curt Kleoppel, CPA, CVA and Trent Hummel review and analyze the findings from this year’s report and what that could mean for your dealership in 2019. Using the information submitted by over 172 dealerships in 608 locations, Curt and Trent evaluate and provide commentary on…

• Changes in equity and gross profit margin
• Decrease of inventory as a percentage of assets
• How dealers are controlling their inventory and used assets
• How to use this report for valuations, estate planning and mergers across North America

This FREE webinar was brought to you by Farm Equipment magazine and the Western Equipment Dealers Association and the Dealer Institute.

The Cost of Doing Business Survey was sponsored by Iron Solutions. 

About the Presenters