Business Advisors
Benchmarking for Consultants and Business Advisors
The Benchmarking Suite is a specific platform, designed for accountants and business advisors. With the Benchmarking Suite, business advisors can create unlimited Business Benchmark Reports for clients, adding a new offering, and revenue stream, to your advisory services. Our business benchmarking software not only analyses thousands of businesses across Australia, but also provides industry insights across a diverse range of industries.
Find out how your clients can benefit from the Benchmarking Suite.
The Benchmarking Suite
Each analysis reviews the potential growth for the sector, job forecasts and key economic drivers which will impact businesses in the next three-five years.
All our Business Benchmark Reports provide you with detailed information about your client such as:
- Growth opportunities: what are the key success factors clients need to address to ensure growth? What will the job opportunities look like in five years?
- Industry strategies: what are the key strategies business owners need to implement to stay ahead of their competitors? What is the best action plan for growth?
- Business profitability: how profitable is their business compared to similar businesses in the industry? Do they need to implement operational changes to improve their standing?
- Productivity analysis: is the business operating at an optimal rate compare to businesses in the industry? Is the business leveraging its equipment and assets appropriately?
- Business value: what is the Fair Market Value of the business in today’s market?
- Expenses: is the human resources team/business managers spending too much or not enough on employees? Is rent too high or too low? Are they investing enough in marketing?
The insights further provide you with a wide range of Key Performance Indicators which highlight exactly how a business compares to similar companies in the industry. These important benchmarks can support you to showcase new opportunities to your clients and support them with strategic business planning and day to day business improvements.
Sign up to our Benchmarking Suite from $246 per month.
Features of the Benchmarking Suite
Across Australia, business advisors utilise the Benchmarking Suite features to produce insightful reports that support their clients to grow and thrive. The Benchmarking Suite is highly intuitive, making it easy to rapidly produce benchmarking and industry reports.
The Benchmarking Suite includes all features of the Business Benchmark Report as well as key additions specifically designed for business advisors.
Custom branded unlimited benchmark reports
With unlimited reports, now you can provide any client an in-depth analysis of their business and industry. Each report is automatically branded with your logo and corporate colours and can be easily downloaded as a PDF, Word or Excel file. The downloaded reports are professionally presented and ready to immediately send onto clients if required.
Intuitive dashboard and data imports
Our developers have focused on ensuring the Benchmarking Suite platform is extremely intuitive and easy to use, no matter how impressive your IT skills are. All data can be imported directly from Excel or Xero, or you can enter into the dashboard directly. We encourage use of the integration tool and provide ongoing support to ensure you are confident in using our system.
Editable MS Word download options
For advisors wanting to customise their client’s benchmarking report, we offer fully editable Word doc. downloads. This means you can you can edit, and add, content based on the report requirements. Our reports can be utilised as a base template to build strategic business plans for clients to drive improved business performance.
Gain greater insights into industry-wide trends
Utilise the reports to gain greater insight into industry trends in Australia. We have analysed a wide range of Australian Industries to give you and your clients a complete overview of how the industry is performing now, and how future economic drivers will impact business owners. This means you can support your client’s plan for growth or transition with confidence.
Annually review business performance
The Benchmarking Suite enables you to track business performance against previous years. You can showcase to your client improvements in productivity, profitability and key performance areas. You can also review ongoing trends to support clients make strategic decisions for the future.
Estimate your client’s Business Value
As an advisor, benchmarking.com.au makes it easy for you to estimate the fair market value of your client’s business. Our report uses a capitalisation of profits method. The final figure can serve as a starting point for strategic decisions such as: selling a business, attracting investment or business growth.
Ongoing support and resources
Our Team offer free data reviews for all business suite customers. We also have a wide range of resources available to support you to add even more value to clients.
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The options above are suited to a firm with only 1 site/office.
If your firm is a branch of a larger multi-site firm/brand, please click here to review the Gold Certified Partner Program offering that is available to you.
