Robb Vanderloop, CFO and Co-Owner of Vanderloop Equipment, remarks on how the shifting landscape of the dairy industry has effected the business. As the number of small dairies goes down, the profitability of the large dairies compensates for the fewer dairies thanks to their greater borrowing power allowing for more equipment purchases.
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The Dealership Minds video series is sponsored by Claas.
Years with Organization: 40
Role: Financial and expense management and cashflow, plus navigating insurance, bank relationships and manufacturers.
Quotable: “There are 100 different ways to get to the same bottom line. At the end of the day, we all must end up with an acceptable net of sales to reinvest in this business.”
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