News

It can be difficult for small business owners to determine what success looks like, as there is no ‘one size fits all’ model. One of the largest disparities is products vs. services, and for professional service firms, income is...

           In economics, a state of equilibrium is the balancing effect of supply and demand.[i] Thus, the quantity the producers supply equals the quantity the market demands, and all parties are satisfied by receiving and paying a fair price. Theoretically,...

As majority of Australia returns to ‘the new normal’ we look at what impact the ‘great remote shift’ has had – and will have – on Australian businesses.   COVID-19 has undoubtedly changed the business landscape in Australian and globally....

Our pharmacy records yield some interesting results from the following odds ratio analysis: High performing pharmacies, i.e. the top quartile based on Net Profit per Principal before owners salary as a percentage of total income, are 2.21 times more...

The Benchmarking team has over the years seen a consistent pattern observed in contractor industries. They have found that, as turnover increases, net profit margin tends to decrease. An even more interesting fact is that the net profit dollar...

As part of Benchmarking.com.au's ongoing In-Focus series, the Optometry Industry is the next to go under the microscope. We have received a growing number of enquiries for Optometry benchmarks as a number of large buyer groups have entered the market,...

As at June 2014 Benchmarking.com.au is integrating with Xero for an easy data import. This facilitates a much faster data entry for companies benchmarking their performance against industry peers. Similar to the Excel / CSV import, the Xero import...

For those clients who are quick to complete their financial year 2013 files, be ready and create the new benchmark year and report as well: On the Dashboard, click the company to which you want to add a year...

After a succesful Trial in late 2012, NSW Trade and Investment has signed up to use the benchmarking.com.au platform for its Small Biz Connect program.An extract of the department news release issued on May 23rd 2013 reads:NEW RESOURCES TO...