Bob Talaga, owner of Armstrong Implements, Swift Current, Sask., explains the challenges he faces in finding good employees and the changes his dealership is making in their recruiting strategies.
Source: Lynn Woolf, Managing Editor of Rural Lifestyle Dealer
New eras, big boxes and unhappy customers are among the top stories of 2014, according to you. We pulled the list of Rural Lifestyle Dealers most read stories for the year and Kubota's strategy to enter the large ag market tops the list
Consolidations and acquisitions have strengthened dealerships in many ways, but also made it much more complicated to plan for the next generation of owners. And, even those smaller family dealerships may discover the next generation thinks their future is outside the dealership.
Gearing up for our family vacation meant a trip to a big box outfitter. While making my way around the maze and mountains of merchandise, I saw lots of great ideas that could be adapted at rural lifestyle dealerships.
How to manage cashflow is one of the four decisions that every business must get correct to be successful (along with people, strategy and execution). Think of your financial results in this way: Revenue is vanity, profit is sanity, but cash is king. Without cash, dealerships will starve.
Your rural lifestyle visitors may have little or no experience in operating farm equipment. And while their knowledge of farming operations is limited, their desire is incredible. And they enter your store seeking answers from you the expert.
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