Having a good understanding of the current value of your dealership is more critical than ever. Dealers have been facing a tsunami of factors impacting their business and its growth — dealer market consolidation, manufacturer price increases, changing interest rates and commodity pricing, to name a few.
Valuing your dealership should not be a one-and-done exercise. Depending on your goals, using the appropriate valuation strategy is key for getting the most for you and your business. Strategically speaking, the value of your dealership should be something you not only know, but actively plan for, aim toward, and continually measure and monitor.
Watch the Executive Briefing Mid-Year Review for an update from all sides of the ag industry on how 2024 has started and what the remainder of the year will look like.
Dealer Finance professionals are well aware of the performance indicators they are shooting for and being measured against as an Equipment Dealer, particularly when they are reminded of the goals of their OEM regularly. But what are your competitors and Dealerships of other OEMs looking at?
Key performance indicators (KPIs) are like the gauges on a dashboard. They let you monitor the health of your business. Marc Johnson of Pinion walks you through some of the more important ones.
In his recent webinar, KPIs, OEM Goals or Winging It — What’s Best for Your Dealership, Marc Johnson, market champion for equipment dealerships and distribution at Pinion offered advice on measuring what matters in an ag equipment dealership.
Dealer Finance professionals are well aware of the performance indicators they are shooting for and being measured against as an Equipment Dealer, particularly when they are reminded of the goals of their OEM regularly. But what are your competitors and Dealerships of other OEMs looking at?
Regarding an upcoming recession, Pinion's Marc Johnson says during a recent webinar, “So is the sky really falling? I don't think so. But do we have some inflation concerns? Yes. Are there market fluctuations? Absolutely.”
How will ag market factors impact your dealership? Pinion experts will discuss insights and also share year-to-date industry KPIs so you can benchmark your dealership.
Inflation, Interest Rates, Instability – everything in the news makes your immediate financial future feel like a gamble. Gambling has never been a good way to run your dealership, even when you have been on a 3 year winning streak!
In this episode of On the Record, we discuss how farmers and dealers view the recently announced collaboration agreement between Farmers Business Network and Greeneye Technology. In the Technology Corner, Noah Newman covers what majorline OEMs had to say about the future of autonomy with dealers at the 2023 Precision Farming Dealer Summit. Also in this episode, a look at CNH Industrial's fourth quarter earnings, the state of dealer M&A activity and Unverferth's acquisition of tillage equipment manufacturer Orthman Manufacturing. This episode of On the Record is brought to you by BENZI.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.