Knowing how the company is comparing to industry standards in each financial ratio is important, but another instructive indicator is how each area of ratios, Liquidity, Efficiency, Operations, Financing, and Profitability, compares to industry standards, when the ratios in each category are weighted and averaged.
It’s easy to see which area needs the most attention. For City Cycle, where would you focus improvement first? What could this show your client about their business, or you or your management team about your own business?
BizBench Reports benchmark a business against similar businesses in the same NAICS code in 51 key financial metrics using the extensive database of hundreds of thousands of businesses throughout North America.
