It’s a Great Time to be a
FEDA
New Membership Manager Isabelle Piotrowski explains how initiatives such as the 2023 annual profit survey and other membership resources support the industry.
Member S
•
ince joining FEDA in April, there’s one refrain I keep hearing from members: there’s no better time to be a part of the association. Dealers spent the last few years constantly reacting to the changes happening around them. Longer equipment lead times, infl ation, shifting customer strategies, warehousing scarcity, volatile cash fl ows, employee retention and recruitment, and so on. It seems like any challenge that could pop up did. But FEDA’s members persevered and are ready to look ahead once again by identifying new ways to grow their businesses and capabilities. FEDA is here to help with several new member tools and resources.
One of the most valuable resources we’re working on right now is the
By Isabelle Piotrowski Membership Manager
isabelle@feda.com
48 FEDA News & Views
2023 annual profi t survey. The survey collects 2022 fi nancial data from dealers to provide industry benchmarking to participating dealer members so they can analyze how their business performance compares to similar companies in the industry. Dealers gain critical operating insights that can serve as a foundational piece for management meetings, compensation plans, budgeting and other uses. As a reminder, member data for the survey is submitted directly to Benchmark Analytics and is confi dential between Benchmark and members. No other individuals or entities, including FEDA, have access to this data. The profi t survey is specifi c to dealers, but other FEDA resources and member initiatives speak to the interconnectedness of the industry. In 2019, FEDA created manufacturer and associate memberships with the aim of garnering more input from industry leaders and partners
3
3
9
9
0 0
Y
-
E
A
R
S
1
9
3
3
2
0 0
2 2
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64
