How to Benchmark Your Business

by Dr Jim Porter

Overview

Entrepreneurs Brief Guide - How to Benchmark Your Business

Benchmarking can be defined as the process of comparing your business performance with that of the industry average. It is of statistical importance and is used to highlight the gaps in your business or the areas that need improvement in order to achieve business growth. But benchmarking is only a tool and does not provide any solutions on how to bridge the gap. Usually, the business statistics are compared with those which are the best in your field.

In 30 minutes, learn how to: (a) Establish what parameters to benchmark, (b) Set a plan for benchmarking, (c) Gather information and (d) Carry out a benchmark exercise

Product Details

BN ID:	2940032995012
Publisher:	Dr Jim Porter
Publication date:	01/13/2012
Sold by:	Smashwords
Format:	eBook
File size:	89 KB

About the Author

Dr Jim Porter is a chartered engineer, qualified to a PhD level from London University, with more the 25 years business experience. He has worked for several multinational companies in Europe and the USA. His experience stretches from new products development, project management, new business building, profit and loss responsibility, to the creation of several successful joint ventures and acquisitions.
Currently, he is a senior executive, responsible for strategy development and growth initiatives, including partnerships and new businesses building. Dr Porter is particularly interested in business incubation, helping entrepreneurs and start up business owners to achieve their personal and business objectives.
Dr Porter is the author of several publications, including a book titled "How to bake your business idea and eat it", and the creator of "Entrepreneurs Brief Guides" series.
Dr Porter is a Fellow Member of several professional organizations and institutions in Europe and the USA. He can be contacted on his email [e-mail] .