Financial Benchmarking and Performance Measurement
We use our proprietary database to benchmark your business against hundreds of similarly sized companies in your NAICS code. Following the analysis, you’ll have a much clearer idea of where your business is excelling financially and – more importantly – where you can make improvements key to your growth and profitability.
One way to measure your business is by gauging your company’s success based on year-over-year gains and losses. But do you know how you stack up to the rest of your industry or other businesses with a similar profile? The business advisors at HBK CPAs & Consultants will help you measure your performance through financial benchmarking and other performance management metrics.
Comparing your finances to other businesses includes a review of a variety of financial data, such as:
- Gross and net profits
- Operating costs
- Sales and profitability practices and trends
- Employee costs, per employee and overall
- Revenue per employee
- Ratio of revenue to fixed assets
- Marketing costs compared to total revenue
Speak to one of our professionals about your organizational needs
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