Items Tagged with 'next generation'

ARTICLES

From the Desk of Mike Lessiter

From the Archives: Vision for Tomorrow Requires Solutions Today

By Mike Lessiter posted on November 23, 2021 | Posted in Best Practices

Two weeks ago, I joined my dad, Frank, on a trip to Lancaster County, Pa., where he received a soil health award from a farm association and spoke at its annual field days event. We added a day to our trip to see three farm equipment dealers in the highly competitive, and concentrated, area.

Conversations in Ag

Agri-Service President & KanEquip Regional Manager discuss their businesses

Clint Schnoor, president of Agri-Service, a large multi-location AGCO dealership headquartered in Idaho and Bryndon Meinhardt, a regional manager for KanEquip, an 8-store CNH dealer in Kansas, sat down to talk for the first time during the Precision Farming Dealer Summit in Louisville, Ky. Despite carrying different brands and covering different markets, the two discovered their businesses have more similarities than differences.

By Kim Schmidt posted on June 9, 2018 | Posted in Best Practices

Challenges for the Next Generation of Managers at Valley Truck & Tractor

August 9, 2017 | Posted in Dealers on the Move, Best Practices, Department Management, Dealer Succession

Keeping a business properly staffed as time goes by is a challenge for any family run business as John Miller, chief executive officer of Valley Truck and Tractor discusses. As generation's change, Miller remarks how the management will shift from family run to including outside hires.

From the Desk of Kim Schmidt

Another Generation Enters the Workforce — Are You Ready?

By Kim Schmidt posted on April 3, 2017

Just as you’ve finally started to figure out millennials and their motivations, it’s time to start preparing for the next generation — generation Z or the iGeneration.

From the Desk of Mike Lessiter

Showing Off the ‘People’ Side of the Farm Equipment Business

By Mike Lessiter posted on August 1, 2016 | Posted in Best Practices

With Lessiter Media’s 35th anniversary celebration next week (we’re taking our staff and their spouses out for an overnight stay in the city), our team has been working on some special things here to commemorate the milestone. They’ve been chronicling memories, philosophies and visions from that tough start-up by my parents (Frank and Pam) in 1981, and how they got through that daunting first decade during a horrendous ag economy.

Wider World of Business

5 Tips to Running a Successful Family-Owned Business

March 28, 2016 | Posted in Best Practices

To keep the doors open and guarantee that these businesses stay within the family, members must be willing to work on such critical — and often difficult — issues as in-family relationships, management structure and ownership agreements.

Free eGuide

Succession Planning in Farm Equipment Dealerships

Transitioning to the Next Generation

| Posted in Dealer Succession

This “Succession Planning in Farm Equipment Dealerships: Transitioning to the Next Generation” eGuide shares how 8 dealers approached succession, their challenges and how they overcame them, and it’s FREE!

Dealership Minds

Coming Back to the Dealership

By Jaime Elftman posted on February 13, 2016 | Posted in Dealer Succession

For Clay Camp, son of Clayton Camp, president and co-owner of Kern Machinery, working in the family business at the farm equipment dealership was always the goal. After numerous summers spent helping out at the dealership while in high school, Clay knew he liked the atmosphere and always pictured himself returning to the dealership.

Farm Equipment Recognized with Editorial, Design Awards

November 12, 2015

Farm Equipment received the first place award for the Business-to-Business Series of Articles — Agriculture category for the "Transitioning to the Next Generation of Dealers," series of articles that appeared in the June 2014 issue.

Web Exclusive: Getting Outside Experience: Learning to Lead

By Jaime Elftman and James DeGraff posted on August 3, 2015 | Posted in Dealer Succession

Planning and preparing for the next generation of leadership is something many dealerships must consider in order to keep pushing forward into the future of the business. One roadblock many dealers cite is the need for the next generation to gain experience before taking on a management role within the dealership. This is necessary both for the success of the next generation and the dealership, but also to gain the respect of other employees.

More Articles Tagged with 'next generation'

Farm Equipment Videos

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

Top Directory Listings

Yetter Farm Equipment

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.

Machinery Scope

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

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.