Benchmark Your Business
Knowing your industry and competition better can support you to gain a competitive edge.
All our reports are tailored to each industry and include the following information:
- Industry performance & opportunities: what is driving the success of the industry and what do you need to do to drive sustainable growth? What are the strategies business owners need to implement to stay ahead of the competition?
- Employment trends: What will job opportunities be in five years? Are jobs growing or declining? What is the average wage and skill level for the industry?
- Productivity: are you utilising your business assets, employees and location to maximum business productivity? Or do you need to invest in more technology, new equipment or employees?
- Overheads: how much are you spending on daily activities such as marketing, IT, and rent compared to other similar businesses in the industry?
- Revenue comparison: are you charging too much or not enough for your products and services?
- Stockturn rates: how well are you managing your stock on hand and turnaround times? Is this impacting your cash flow and how can you manage it.
- Employee expenses: are you investing enough in your employee training and skill levels? Or, are you over-paying staff compared to other businesses in the industry?
Knowing your industry and competition better can support you to gain a competitive edge.
In addition to receiving a report covering your industry, all Australia Business Benchmark Report purchases include access to our benchmarking software backend, so you can enter in your business information and gain insights specific to your performance to identify key areas for business improvements.
Use our detailed reports to support developing business and operations plans, business expansion/growth feasibility studies, strategic marketing plans, business investment opportunities, grant applications and exit strategies.
Get your Australian Business Benchmark Report PLUS 12months access to the benchmarking software for your industry for just $575