Hot Off the Press!!! NPRC has just released the 2019-2020 Financial Benchmarking Study. Published on a biennial basis since the early 1980’s, this key study is credited by hundreds of owners in our industry with helping them improve their firm’s profitability and productivity. This study has helped hundreds of printers around the U.S. achieve new, much higher levels of profitability.
“Many printers have told us that after reading this study, they decided to quit making excuses for their poor performance and begin working towards the “profit leader” ratios outlined in this popular study.”
Unfortunately, too many printers don’t appreciate the value of these studies until it’s too late! By the time they start analyzing their ratios and comparing them to the “profit leaders” it’s way too late. They start planning for the sale of their business and retirement when they suddenly realize they rank in the bottom 25th percentile of the industry and their business is worth 50-80% less than what they expected.
These Benchmarking Studies are simply invaluable. They provide “real world” financial ratios such as cost of goods, payroll costs, overhead expenses, and sales per employee,just to name a few. Plus, this study provides a variety of breakouts based upon profitability, sales per employee and annual sales – analyses that cannot be found found anywhere else.