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O'Deere - Murphy Farm and Lawn
Murphy Farm and Lawn – a John Deere dealership
Anderson, Mo…Darren and Debbie Murphy worked as employees of the John Deere Company for many years. After several transfers and moves they decided to open their own business. During this time, John Deere designated certain locations across the country where they wanted representation. Anderson, Missouri was located in one of those designated areas and Darren and Debbie took advantage of the opportunity.
Murphy Farm & Lawn, a John Deere dealership, opened their doors in April of 2006 after receiving a 504 loan from the U. S. Small Business Administration (SBA). SBA’s 504 loan program provides financing for major fixed assets such as equipment or real estate.
“I thought the SBA loan process was a daunting task until I looked through it and realized it wasn’t that bad. RMI was extremely helpful in working through the loan process. This loan afforded me the opportunity to open the business, otherwise it wouldn’t happen,” said Mr. Murphy. “I was just a working “Joe” and just didn’t have the money to open a business of this magnitude.”
Murphy Farm & Lawn started with six employees. Under Darren and Debbie’s management, the company currently has 16 employees.
“We started from ground zero to build this company,” said Mr. Murphy. We used the loan proceeds to purchase land and buy a building.”
Their current facility is a state-of-the-art John Deere dealership offering equipment, service and parts. Murphy Farm and Lawn also sells John Deere merchandise and toys. The dealership is located at 700 Highway 71 West Outer Road in Anderson, Missouri. Their parts department sells not only parts for John Deere equipment, but also for various other makes and models. In 2008 to expand their parts department, Murphy Farm & Lawn began selling and servicing STIHL equipment and products. Their service department will repair equipment in their shop as well as at the customer’s location.
Murphy Farm & Lawn continues to grow at a rate of 10% per year. They offer products and services to meet the diverse needs of their customers.
“Our biggest satisfaction is seeing our customers grow because of the products and services we have provided to their business,” stated Mr. Murphy.
Besides being active in their church, the Murphy Family supports the Shriners Children’s Hospital and their local school district and college by providing time, money and equipment.
“We give not to get our name out front but to give back and help the community,” said Mr. Murphy. “We are fortunate to have the money to share.”
Mr. Murphy offers this advice to new entrepreneurs, “There is no substitution for cash. We contribute our success during the economic downturn to being well capitalized and having great financing. Also, focus on your customers and always provide the best service.”