Benchmarking and Analysis

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Benchmarking and Analysis

Have you ever wondered how your business performs compared to your competitors? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? What is the average bottom line of your competitors?  Benchmarking and Analysis.

Survival in today’s business climate requires you to spend more time working on your business rather than in the business.

We can provide you with accurate, timely and informative benchmarking reports – allowing you to:

  • Make a valid judgement about how your business compares against your competitors
  • Gain a deeper understanding about how the rest of your industry works and any current struggles or issues affecting it.
  • Build a picture of Key Performance Indicators about your industry to help align your direction and vision.

This is not a set and forget process, handing you our benchmarking and analysis reports is foremost yet is not where we stop at. The Banyan team will work with you to develop key action strategies to improve your business.

Benchmarking and Analysis

What areas we can benchmark for your analysis….

Below is a list of different areas of your business that can be bench marked to allow you to have “real” and “valid” figures for your business:

  • Sales and turnover
  • Profit and profitability
  • Overheads
  • KPIs (Key Performance Indicators) of Gross Profit, Wages to Turnover and Net Profit
  • Pricing structures and fees
  • Details of customers (including numbers of clients)
  • Staff turnover

Benchmarking and Analysis.

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