Items Tagged with 'From the desk of Kim Schmidt'

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Kim Schmidt
From the Desk of Kim Schmidt

Who’s Ready for a Bit of Good News?

We regularly hear from dealers that $4 corn and $10 soybeans represent the psychological threshold for farmers. When corn goes over $4 and beans over $10, most farmer’s outlook improves markedly. Over the last month or so we’ve seen a nice increase in crop prices. I was on the road last week visiting dealers, and one of them mentioned he’s started to notice an improvement in farmer sentiment.
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Kim Schmidt
From the Desk of Kim Schmidt

Trust Your Employees to Make Decisions

For many business owners or even a department managers, letting go of responsibilities and trusting someone else with them can be hard to do. After all if you want something done right, you should do it yourself, right?
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Kim Schmidt
From the Desk of Kim Schmidt

Share Ideas … If Everyone’s Better at it, Everyone Wins

Used equipment is the elephant in the room. However, our August Dealer Sentiments & Business Conditions Update revealed a slight improvement, with fewer dealers saying their used equipment inventory was too high compared to the previous month. One dealer responding to the survey says, “Sitting on too much used inventory at unrealistic market prices has kept us very conservative when looking at new sales with trade-ins on high dollar items.
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Kim Schmidt
From The Desk of Kim Schmidt

Is Fraud Impacting Your Dealership?

Can you trust your employees? Better yet, should you trust your employees? During a recent trip to the East Coast to visit a few different dealerships, two dealers told me about problems they had with employees stealing from them. If this was a problem for these two dealers, I wondered how widespread the issue really is.
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