Articles by Maclaren Krueger

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Preparing for M&A Success – Part 3

Assess Dealer Culture & Values To Ensure Success After a Transition

Organizational expectations & clear communication can foster a positive dealership culture that will ensure employee retention after a transition
In any merger or acquisition, the focus is often on the financial and legal parts of a transition. From a strategic perspective, this ensures a dealership is sound and operational and can include establishing leadership, organizational charts and other business systems necessary after a transition.
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Investing in the Future with Dealership Upgrades

5 dealers share details on facility updates that benefit service techs, customers & are designed with future growth in mind
The success of a dealership is, in large part, due to its employees, and as dealers outgrow their facilities, these 5 are focused on building a better environment for their technicians to ensure continued growth.
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Selecting a Battery Powered Equipment Line that Best Supports the Customer

Well-researched, reliable batteries & knowledgeable techs are the keys to dealer success when entering the electrification market
As electric equipment continues to spark debate in the rural lifestyle market, consider the customer’s needs, the reliability and transparency of the OEM and the preparation and training dealership employees must undergo to best serve customers when adding a battery-powered line.
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Preparing for M&A Success – Part 2

How to Accurately Assess the Value of Your Dealership

Performing dealership valuations requires examining adjusted assets, liabilities and intangible value to reach a final determination
Dealership valuations are an important step not only in mergers and acquisitions but in sales and divestitures, buying or selling partial interest of a dealership, purchase price allocations, estate and gift tax planning and employee stock ownership plans (ESOP).
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Preparing for M&A Success – Part 1

How to Navigate the Moving Parts of a Dealership Transition

Lance Formwalt, general counsel for NAEDA, explains how best to prepare for a transition and what one may look like
Dealership transitions can be an intimidating process, but with advanced preparation, effective structure and proper generational considerations, it doesn’t have to be as daunting.
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How to Build Customized Compensation Plans That Drive Sales

For Virginia Tractor, effectively motivating a sales team to achieve optimal performance means implementing a customized compensation plan for each salesperson.
Federico Lamas, the vice president and corporate sales manager for the 6-store John Deere dealership in Virginia and West Virginia, explains that properly and individually incentivizing your salespeople drives the best results both for the business and the employee.
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