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The FTE Equilibrium

In economics, a state of equilibrium is the balancing effect of supply and demand.[i] Thus, the quantity the producers supply equals the quantity the market demands, and all parties are satisfied by receiving and paying a fair price. Theoretically, it is a win-win situation. When it comes to employees, businesses also need to ensure that […]

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The great remote shift: what happens next?

As majority of Australia returns to ‘the new normal’ we look at what impact the ‘great remote shift’ has had – and will have – on Australian businesses.    COVID-19 has undoubtedly changed the business landscape in Australian and globally. Whilst shifts in economic factors such as employment security, consumer sentiment and business investments continue […]

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High profit Pharmacies…

Our pharmacy records yield some interesting results from the following odds ratio analysis: High performing pharmacies, i.e. the top quartile based on Net Profit per Principal before owners salary as a percentage of total income, are 2.21 times more likely than low performing pharmacies to have a high over the counter sales / dispensary area […]

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Contractor Industry Trends

The Benchmarking team has over the years seen a consistent pattern observed in contractor industries. They have found that, as turnover increases, net profit margin tends to decrease. An even more interesting fact is that the net profit dollar per working owner increases, rather than decreasing with profit margins. They explain this in terms of […]

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In Focus: Optometry Industry

As part of Benchmarking.com.au’s ongoing In-Focus series, the Optometry Industry is the next to go under the microscope. We have received a growing number of enquiries for Optometry benchmarks as a number of large buyer groups have entered the market, placing a squeeze on smaller competitors. Whilst buying power may be an issue within the […]

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Benchmarking.com.au is a Xero Add-On Partner

As at June 2014 Benchmarking.com.au is integrating with Xero for an easy data import. This facilitates a much faster data entry for companies benchmarking their performance against industry peers. Similar to the Excel / CSV import, the Xero import loads the data and then let’s you drag and drop your accounts into the benchmarking account […]

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