How Do You Know How You’re Really Doing?

“So, How’s Business?” How many times a day do you answer that question?

“Great, thanks!” Your sales are solid. Your gross profit is right where it should be. Your costs are right in line. Of course it’s great. Isn’t it?

The exclusive Padgett Reality Check™ will help you know how your business is really doing by giving you information showing how your business compares to others in your industry with similar revenues.

Are your advertising expenses high? Can you afford to “out-promote” the rest of your industry? How about your rent? Is it time to expand? Are you overpaying for materials and supplies or are you such a shrewd negotiator that you can cut your prices a little and increase your volume? How do your payroll expenses compare? Are you overstaffed? Running too lean? How do you know? Time for a Padgett Reality Check™.

All of the data for Padgett Reality Check™ is drawn from Padgett’s massive base of actual information. Through our more than 400 offices we track non-identifying data from more than 25,000 clients in over 100 industries. We then feed this intelligence back to our clients through a monthly report. Client data on the left side, industry data on the right. This is an exclusive value added service available only from Padgett and only to Padgett clients.

	Our featured industry is “Furniture and Furnishings”. The samples provided are year to date figures as of last month. A space is provided to write in your figures and compare. The samples are averaged over the entire industry code, although for clients, we have separate samples by business size for closer comparisons. Larger samples tend to be more representative than smaller ones and definition of business industry may be subjective according to the client. Some industries may overlap. We show Sales, Cost of Goods Sold and the eleven most common expenses. Expenses unique to individual businesses in the samples are grouped into “Other Expense”.

Click the links below to open a pdf file in your selected Padgett Industry Code (PIC). For a closer comparison to your business revenue contact Padgett Business Services.