- June 9, 2019
- Posted by: admin
- Category: Accounting Advice
In today’s competitive business environment, the need to operate more efficiently and profitably has never been greater. Information is power. One of the most powerful tools in business is bench-marking against past company results, future budgeted results and most importantly against industry standards.
By measuring key performance indicators (KPIs) from your company against other successful players in the industry you are able to improve your own efficiency, productivity, help manage expenses and identify areas for revenue growth.
It’s with this in mind that we put the 2019 Pest Control Industry Operations study together. Our goal was to provide the industry with information that can be used to compare industry averages against individual firms in order to quantify potential financial and operational strengths and weaknesses.
The 2019 Pest Control Industry Operating Cost Study is the result of research done by our accounting firm PCO Bookkeepers using 157 of our Pest Management company clients as subject companies as well a survey on economic and industry sentiment answered by 372 Pest management company business owners.
The 2019 State Pest Control Industry Operating Cost Study Overview Includes:
- Industry Opportunities and Challenges
- Definitions & Ratio Analysis / Methodology
- Profitability & Profitability Ratios
- Financial Position / Balance Sheet
- Liquidity Ratios
- Activity Ratios
- Leverage Ratios and More!