Checking Your Figures Against Your Industry
The ATO Publishes Small Business Benchmarks for over 100 differet industries. Comparing your figures against your industry peers not only gives you an early alert to prepare for possible ATO compliance action, but is a great tool to track your businesses performance and find opportunities.
We will compare your financials against the benchmarks published by the ATO to compare how you're tracking against your industry and give you a side-by-side comparison.
There's two great reasons to compare your figures to the published benchmarks.
Firstly, the ATO uses these comparisons to detect tax fraud and underreported income. If your figures fall outside the benchmarks it's much better to investigate why before the ATO come asking questions.
Secondly, checking your financials against your industry can alert you to problems or opportunities within your business and help you to make improvements to your bottom line.
Simply fill in the form below if you're interested in our Benchmarking service and we'll get back to you with a proposal and the next steps.
Get even more information, KPIs, analysis and in-depth comparisons with our full Benchmarking & Valuation Report service.
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