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 2019 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.

Gord Thompson, Trent Hummel and Curt Kleoppel, CPA, CVA, review and analyze the findings from this year’s report and what that could mean for your dealership in 2020. Gord, 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

Curt Kleoppel, CPA, CVA, Chief Financial Officer, Equipment Dealer Consulting

Curt brings a wealth of experience in financial reporting and tax to our dealers, having worked with Regional Associations in the farm equipment and hardware industries for over 35 years. He is currently the CFO for Western Equipment Dealers Association and President of Equipment Dealer Consulting, LLC. As a long-time partner with Western Equipment Dealers Association, and…