Financial benchmarking study available from SC&RA
24 April 2008
SC&RA has released its new Financial Benchmarking Study, a 79 page report highlighting key financial and operating characteristics of three service types of SC&RA member companies, specialized transport, crane rental, and rigging. A separate executive summary for each service type contrasts the results of all companies to the top half, based on owners' discretionary profit percentage.
The report answers questions that include:
• How much are the top performing companies in my industry making on the bottom line?
• Are my employees as productive as others in my industry?
• Are my staff costs in line?
• Are my expenses out of the ordinary?
• Do I have too much debt?
The Guide to Benchmarking section includes tips on using financial statements as working tools, a financial cause and effect road map, and action plans for profitability, productivity, financial position and cash flow. The study was administered by Business Resource Services (BRS), Seattle, WA, which produced SC&RA's six previous studies. The SC&RA Financial Benchmarking Study is available for $495. To order, call (703) 698-0291.