We are often asked “Where do I get good information about my industry?” Sometimes this is early in the planning stages when clients are building the first business plan. In other cases it is when they want to document their performance against peers or other benchmarks. There are many sources of information such as trade groups, financial statement studies from RMA, and others.
But the first place to look for information is now a free online tool from the SBA: SIZEUP!
Let us know if you find this helpful. The early feedback was positive when I saw it debuted at a national conference last week. This data will not replace all other sources, but provide a good first-glance to let you know if there are trouble signs ahead.