Benchmarking Your Small Business

Biz Advice · #1 (**permalink**) 09-14-2006, 07:20 AM

Does anyone know a good place to compare your small businesses financial performance to the industry to identify problems or areas to improve?

Boston · #2 (**permalink**) 09-20-2006, 05:10 AM

Check our www.bizbench.com and www.bizminer.com

Scott Brogan · #3 (**permalink**) 09-22-2006, 06:37 AM

I would check out www.firstresearch.com as well.

Bizwiz · #4 (**permalink**) 10-10-2006, 06:39 AM

Try THIS A SAMPLE PAGE FOR INDUSTRY EYE

TMZ · #5 (**permalink**) 10-11-2006, 07:14 AM

Is it really that important to benchmark-financial numbers for each firm are so different is it really that helpful?

Business Watch · #6 (**permalink**) 10-12-2006, 08:07 AM

Yes I think they are still important but only an indicator of potential problems and they should be used

Triton · #7 (**permalink**) 10-13-2006, 08:21 AM

I agree but you have to be very careful in putting too much faith in just a number. There are so many reasons why a company can be out of wack with one particular line item.

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