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Benchmarking your Business

Benchmarking is a way of measuring your performance against other, similar-sized businesses in your industry. It gives you an understanding of what drives success in your industry and how this can be applied to your business – so you can make informed decisions about the direction you’re heading.

We access information from a number of sources including the ATO and Australia’s leading database of industry-specific financial data so we can identify:

  • Where your cost of sales should generally sit in relation to your turnover
  • How your total expenses should relate to your turnover
  • What labour costs, rent and motor vehicle expenses are typical for your industry, based on the size of your business

 

We’ll then work with you to:

  • Analyse relevant key performance indicators (KPI’s) for your industry
  • Identify areas where you can reduce costs or increase efficiency
  • Understand your productivity levels based on the number of staff you have
  • Detect opportunities to become more competitive

Our business services also include:

ASIC Compliance & Corporate Secretarial

Keeping up with new legislation can be daunting but we’ll make sure you meet all of your compliance obligations

Budgeting & Cash Flow Planning

A little advance planning today can help you avoid cash shortages tomorrow

Financing

Whether it’s funding expansion, buying new equipment or updating technology, most businesses need finance at some point and we’ll help you find the best solution for your needs.

Mergers & Acquisitions

If you’re buying a new business or joining forces with another one, we’ll help you get the best return on your deal

Performance Improvements

We’ll lift the lid on your business processes and work with you to implement incremental improvements that will have a positive impact on your bottom line.

QBCC Licencing

Whether you’re applying for a new QBCC licence, or upgrading an existing one, we’ll help you meet the relevant requirements.

Risk Analysis and Management

Helping you to ensure your business continuity by analysing your business risks and putting appropriate management plans in place

Starting a New Business

We’ll give your new business a helping hand by setting up your records and accounting systems so things run smoothly and you meet your tax and legal obligations

Selling Your Business

If it’s time to sell we’ll help you make sure it’s the right decision, that you have the best valuation and assist you to negotiate the sale

Strategic Advice & Management Consulting

Market driven strategies and performance plans that will help you deliver powerful results

Succession Planning

Whether you’re planning for the unexpected or planning for retirement, succession planning will keep the lights burning in your business