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Expanding Business

Anderson family purchases,
renames Beard's in Crestwood

Madison siblings were a good choice, Beard says

CRESTWOOD, Ky. (April 2015) – When Dick Beard decided to retire after spending 50 years in the outdoor equipment business, he knew he wanted a special person to take over his business. He found not one, but a family of five siblings to run Beard’s Outdoor Power Equipment, located at 6159 W. Hwy. 146 in Crestwood.

Photo by Helen McKinney

Joshua Anderson poses on a tractor at Andersons 'Sales & Service' newly acquired business in Crestwood, Ky. He and his siblings are the new co-owners of the former Beard's Outdoor Power Equipment.

Beard sold the business last year to the Anderson family of Madison, Ind.: twins Joshua and Jason, their sister Tonia Cline, and another set of twin siblings, Grover David and Jon. “We officially took over the business on May 1, 2014,” said Cline.
Beard and his wife, Ruth Ann, ran the business for 251/2 years before selling. Beard had previously worked for Stoess Hardware for 30 years. He then traded stock for inventory and basically began Beard’s Outdoor Power Equipment in Crestwood, “from scratch,” he said.
Even though he loved what he was doing, after 25 years Beard decided it was time to retire. He first thought his daughter, Judy Skidmore, and stockholder Terry Coffin were going to take over the business.
After talking to Coffin and realizing the two had decided not to take over the business, Beard then had the task of finding just the right person to run the business. Coffin had previously done business with the Andersons and suggested they would be a good choice.
“It took nine months to make a deal,” said Beard, a native Oldham Countian.
One reason he chose the Andersons was because “I wanted somebody who would be successful at running it and keep it going in our community. I thought they would be the best fit.”
Now that he has retired, Beard will have more time to continue his involvement with the volunteer work he has done for the last decade. He and his wife volunteer with Light-house Promise, a charitable organization that tutors kids after school. Beard is chairman of the Board of Trustees.
Joshua Anderson said that in buying the business he saw “an opportunity to expand our customer base and our business outside of just one region.”
The Anderson family also owns Anderson’s Sales & Service, located at 2914 Clifty Dr. in Madison and has done so since 1990.
“Our parents bought the original store (in Madison) in 1990,” said Cline. “In January 2001, the five of us bought out our parents and are all equal owners.”
While the siblings were growing up, their father worked as a logger. “He had a couple of close calls,” said Cline, while trying to raise five kids with their mother. So he decided to buy out the store that used to take care of his chainsaws, and he expanded the business from there. “He wanted a business that was not so risky.”
There are no future plans at the moment to expand the family business, with two stores being enough to handle. “It’s a good thing there are five of us to help out,” Cline said.
The Crestwood location carries Kubota and the X-Mark line of products, while the Madison location carries John Deere and Ferris brand equipment. Both stores carry Cub Cadet, Bad Boy and Stihl brand items.
Cline said she and her brothers hope to “maintain the business and keep it going to the satisfaction of our customers. We’re excited to expand and take on a new challenge.”
Joshua Anderson said he is proud of the fact that they are a local, family owned business. He hopes to make “quality a priority to those who buy from us.” 

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