Understanding Industry Trends

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Understanding trends and conditions within your industry is critical for making informed desicions, both operationally and strategically.  A recent Sageworks Stats article on Forbes.com emphasized this point by analyzing overhead cost trends for private companies.

Access article: http://www.sageworksinc.com/blog/post/2012/01/25/Companies%E2%80%99-sights-on-controlling-costs-Sageworks-Stats-Forbescom-.aspx

The analysis provided by Sageworks, a resource tool that we utilize to help our privately-held companies benchmark themselves against their industry peers as well as, provide a clear picture of their business’ financial health by highlighting areas that are most critical.

If you would like to learn more about our Sageworks offerings and how you can benchmark your company against your industry peers, please contact Ted Gary at tgary@keitercpa.com.

About the Author

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


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