The Herring Group is accepting applications for participation in the 6th annual Landscape Peer Benchmark Report, sponsored this year by Aspire Software Co. now through Nov. 14.
The annual report gives growing landscape companies the opportunity to see how their business stacks up against their peers in the industry. Participants submit their income statement and balance sheet directly to a secure server. No complicated forms are required.
Each company’s results are presented anonymously in a separate column — revenue mix, key expense types and net income as a percentage of revenue. No meaningless averages: these are real companies with real results so that it’s easy to make real comparisons.
Greg Herring, founder of the operational and strategic finance consultancy, hosts a live webinar following the distribution of the report. Participating owners attend the follow-up webinar to learn how best to use the report findings to motivate their team members and drive business growth. This year’s webinar will be held on Dec. 4.
“This Benchmark Report is unique,” said participant Nick DiBenedetto, of ND Landscape Inc. “You see each company’s data — revenue mix as well as expenses and net income as a percentage of revenue — and it’s anonymous. I use it each year to see how my company is performing.”
The report serves as a scorecard for past performance, as well as a valuable tool for future planning and budgeting. To learn more or participate, visit BenchmarkMyBusiness.com.
