Business Owners
Benchmarking for Business Owners
Ever wondered how your business compares to your competitors? The Australian Business Benchmark Report has been designed to give business owners understanding and insight into what is driving success in your industry, and how well your business is performing. We analyse thousands of Australian businesses across a wide range of industries to give business owners accurate, relevant and timely information which can support you to make strategic and operational decisions.
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?
- Business profitability: is your business profitable? And how does your profit margin compare to others in 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?
- Business value: what is the Fair Market Value of the business in today’s market?
- 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
Features of the Australian Business Benchmark Report Package
For small business owners, we offer a range of key features as part of your package:
+ more
The Australian Benchmark Report
Sign up today to gain a better understanding of what is driving success in your industry and how you can apply this to your own business. Through our benchmarking software, you can download your personalised report as a PDF, Word doc. or Excel file. This means you can use our reports to support:
- Strategic planning and preparing high-level documentation to support business growth
- Human resources reviews to assess employee pay, performance and benefits compared to the industry
- Preparing operational business plans to improve performance
- Developing strategic marketing plans to increase market share
- Undertaking feasibility studies for investment decisions
- Building business cases for loan, investment and grant applications
- Developing exit strategies for business owners looking to sell or retire
