Start An Agriculture Equipment Wholesale Distribution Business - Business Ideas
Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.
Modern farming machinery helps ensure minimal human labor and, in turn, results in increased productivity.
According to experts, increased mechanization of agricultural operations across the agricultural value chain will boost the demand for agricultural equipment. This trend creates a massive opportunity for farm equipment wholesale distribution businesses.
Therefore, starting an equipment wholesale distribution business can be a good business.
Starting an agriculture equipment wholesale distribution business requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell agriculture equipment, or selling agriculture equipment online, you can use this page as a guide for everything you'll need to know.
Key Stats
Startup Costs
Min Startup Costs | Max Startup Costs | |
---|---|---|
Office Space Expenses |
$0 |
$6,900 |
Employee & Freelancer Expenses |
$151 |
$352 |
Business Formation Fees |
$5,600 |
$20,400 |
Equipment & Supply Expenses |
$63 |
$700 |
Inventory Expenses |
$350 |
$14,750 |
Vehicle Expenses |
$2 |
$10,004 |
Training & Education Expenses |
$0 |
$2,000 |
Website Costs |
$13 |
$215 |
Food Business Expenses |
$25 |
$500 |
Retail Business Expenses |
$0 |
$950 |
Advertising & Marketing Costs |
$75 |
$2,486 |
Successful Businesses
Business | URL | Rank | |
---|---|---|---|
Thomasnet® |
thomasnet.com |
5,239 |
|
B2B Marketplace |
exportersindia.com |
8,116 |
|
Successful Farming |
agriculture.com |
79,569 |
|
GEHL Compact Equipment for Construction and Agriculture |
gehl.com |
127,239 |
|
All States Ag Parts |
tractorpartsasap.com |
181,669 |
|
Agri Supply has farm supplies, tractor implements & mower parts. |
agrisupply.com |
188,077 |
|
Kubota |
kubotausa.com |
248,636 |
|
Used Farm Equipment for Sale |
machinerypete.com |
260,375 |
|
Agri-Pulse |
agri-pulse.com |
295,750 |
|
Almo Pro AV |
almoproav.com |
299,102 |
|
FastLine |
fastline.com |
303,299 |
Pros & Cons
Pros | Description |
---|---|
Rewarding work |
Starting a agriculture equipment wholesale distribution business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about. |
Scalable |
With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers. |
Meaningful business connections |
You never know who you will meet as a agriculture equipment wholesale distribution business. This could be the start of an incredible business opportunity! |
High customer retention rates |
Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer. |
Pick & choose the clients you work with |
Agriculture Equipment Wholesale Distribution Businesses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients! |
Unlimited income potential |
With starting an agriculture equipment wholesale distribution business there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make. |
Cons | Description |
---|---|
Crowded Space |
Competition is high when it comes to your agriculture equipment wholesale distribution business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies. |
Motivation of employees |
If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees. |
Longer Sales Process |
A agriculture equipment wholesale distribution business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers. |
Low margins |
The gross margins for your agriculture equipment wholesale distribution business are typically around 30%, which can make it more challenging to incur new expenses and maintain profitability. |
High employee turnover |
In the agriculture equipment wholesale distribution business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment. |
Work can be inconsistent |
As a agriculture equipment wholesale distribution business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have. |
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings