Business benchmarking is the process of comparing a single business to similar businesses to assess its overall performance. Our comparison tool reviews a series of key performance indicators (KPIs) which are unique to each industry, thus providing each business with a unique report. KPIs analysed include:
- Productivity indicators: discover opportunities for improvement to ensure maximum productivity
- Business profitability: assess strengths and weaknesses to increase bottom line profitability
- Yield/capacity usage: review how well the business utilises facilities and equipment compared to other businesses in the industry
- Stock turn rates: compare stock turn rates to improve cash flow
Once the comparison is complete, businesses can clearly see how they compare to others within their industry. The business benchmark report also analyses how much businesses are spending on key areas.
Would you be interested in receiving your personal benchmarking report?
Simply submit your details below and your benchmarking report will be emailed to you
Benchmarking reports will be sent to the email address submitted above from mid-January 2023.
How can Walsh Accountants help?
When it comes to your business management and growth, we share your drive, persistence, and passion.
Our specialised team understand the significant commitment made by business owners and entrepreneurs because we are in the business of business – we live it, breath it, and love it!
Our team is here to help you unleash your potential. Let us share our experience and passion with you.
