Have you ever compared your neighbor’s lawn to your own? Making comparisons is human nature, and it can be an important driver for improvement. Benchmarking in business is a form of financial comparison. Lining up your monthly financials against an industry average can aid in critical decision making in your business to help steer growth and success. This is why the National Pest Management Association needs your help!
Participate in NPMA’s Financial Benchmarking Survey and contribute to a dataset that will shed light on the pest management industry’s latest operating ratios. The NPMA’s Business Development Committee has developed a short survey designed to provide pest management companies with key financial benchmarks to help guide business growth. Each question addresses specific aspects of an individual’s business expense or revenue details. Data from the survey will be collected anonymously and will be used to provide our industry with an in-depth report of routine costs and income associated with running a successful business.
Participants in the survey will be entered for a chance to win a $100 gift card and will have early access the survey results as they become available. Preliminary results should be prepared by October 2019. To participate in this survey, click here. For any questions about this survey, please contact Mike Bentley at mbentley@pestworld.org.