Purchasing resources for Benchmarking


Business benchmarking consultants and resources related to measuring organizations against competitors. Vendors offer best business practices and how to measure performance.

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Peeriosity for Shared Services

The leading best practice research community for Shared Service professionals.

http://www.peeriosity.com/shared-services/
Benchmarking and Best Practices Information Resources

Resources and directory listings for Benchmarking and Best Practices Information Resources

www.business.com/general/benchmarking-and-best-practices-information-resources/
Benchmarking Software

Providers of benchmarking software programs and solutions.

www.business.com/general/benchmarking-software/
Benchmarking Organizations

Industry groups, councils, associations and organizations.

www.business.com/general/benchmarking-organizations/
Hospital Management

Directory of hospital management solutions, including hospital management software, hospital management consultants, and hospital information management services. Identify providers of hospital management systems that suit your business needs.

www.business.com/healthcare/hospital-management/
Art House Cinema

Theaters exhibiting independent, foreign, classic, documentary, cult and mainstream films.

www.business.com/general/art-house-cinema/
Disney World Tickets

Quickly find online providers of Walt Disney World tickets, including Disney World Magic Kingdom tickets and Disney World Resort tickets. Review our business listings for links to sellers of Disney World theme park tickets.

www.business.com/general/disney-world-tickets/
Film Distributors

Distributors of films, including international films and documentary films.

www.business.com/general/film-distributors/
Art House Cinema

Source: /guides/art-house-cinema-12266/

When you are looking to watch an art house film or sell them through your business, purchase DVDs online or treat yourself to one of the few art house movie theaters left throughout the US. There you can find independent, foreign, classic, documentary and cult productions to suit any film desire. Read More »

Supplies and Equipment for Art House Cinema

Source: /guides/supplies-and-equipment-for-art-house-cinema-29930/

Supplies and equipment for art house cinema are essential to create the right atmosphere for your business. Though the most important part of your business is proving the best in independent or classic films, you'll probably also want to move a step up from standard movie theater equipment, giving your patrons not only quality sight and sound but a pampered or luxurious surrounding, too. Read More »

Benchmarking Your Business Financials


Former New York Mayor Ed Koch used to endear himself to (or annoy) voters by constantly asking people on the street, "How am I doing?" Silly stunt? Perhaps, but checking your numbers against your industry peers is no exercise in silliness. It can point out big gaps in efficiency and suggest changes you should make but can't see for the fog of day-to-day managing.

Likewise, starting a new business without first seeing how the sector works financially is like jumping off a cliff in the hope that a pile a mattresses awaits you below. Here are some ways to get a grip on the real numbers:

Just getting going with your own shop? Keep costs low

Several Web sites offer instant analysis for free. Plug in some basic numbers and get a quick rip on what you should be doing in the months ahead.

Call in your chips with a trade association membership

Industry associations often give members free benchmarking data for their particular industry slice.

Understanding what you see

Many small business owners are intimately familiar with the numbers they face in running their company, but it helps a lot to have a sense of the cycles over decades. Call in a guru to sort out the snapshot.

Get your financial expert involved

It might not be immediately clear what your numbers tell you about your own business, much less what other companies are up against. Your accountant should walk you through your benchmarking results.

Step it up with professional benchmarking services

If you business is already large or part of a complex industry with lots of geographic and supplier variables, consider hiring a consultant for one-off review. What you learn could pay for the service many times over — or convince you to sell and move on.
  • Financials are a big part of the picture, at least early on, but benchmarking extends to industrial policy, human resources, pay scales and dozens of other, industry-specific barometers.
  • If you find that a benchmarking of your financials works well once, consider scheduling a second or third review during the year to sort out flukes and seasonal bumps.
  • Remember, of course, that most benchmarking services rely on data from tens of thousands of public companies. Privates are generally harder to measure and the services use estimates. Depending on your business and which specific metric, this might require a seriously large grain of salt.
  • Be ready to make change if comparisons show you a clear move forward. Sitting on results in hopes they are wrong is a bad idea and can only hurt you more over time.