FoA 357: Buying an Established Ag Retail Business with Trent Kubik of Elevate Agronomics

Find out how Calgary is leading the agribusiness revolution: http://www.calgaryagbusiness.comElevate Agronomics: https://www.elevateagronomics.com/Today’s episode features Trent Kubik of Elevate Agronomics. In 2020, Trent and his brother Troy purchased a long-standing seed business in Winner, SD named Winner Seed.  From this purchase, their new company Elevate Agronomics was born.  Along with the robust offering of seed and seed cleaning that the business already had, they added on chemicals, starter fertilizers, livestock supplements, Precision Planting planter enhancements, as well as other misc agricultural products.  Shortly after their acquisition, they took over operations of a similar business in a neighboring town and expanded their footprint which services out of two locations.  Currently they sell products into 10 counties in South Dakota and Nebraska.You’re going to hear about what led to finding this business opportunity for them to acquire, how they lined up their financing, how they manage the financial and operational sides of the business, coping with the stress and workload of running your own business, growth/expansion opportunities, modernization through technology and efficiencies, hiring and retaining employees, and more. The audio is not our best work. Trent’s bluetooth headset wasn’t working, so we had to use the old office computer mic. But if you’ll forgive me for that, I promise the content is well worth your time.