June 2019 Lunch and Learn: Benchmarking your business

June 27, 2019


While business owners in all industries have different objectives and visions for their companies, nearly all of them share one common goal: to grow their businesses and see them become more profitable.

But as the saying goes, a goal without a plan is just a wish

In fact, a business owner who isn’t sure how to plan and measure growth is building his or her business on shaky ground. In order to see steady growth, business owners need to create a plan and monitor their progress toward their goals. That's where benchmarking comes in.

Benchmark your business

Benchmarking is essential for understanding how well your business works now and where there's room for improvement. You can evaluate management performance, quality, and effectiveness of your assets. You can also evaluate how vulnerable your company is to downturns. A wise business leader tracks those trends over time and calculates how the metrics impact the overall business.

The big question is, what metrics are important for your business? And how can you know what you’re looking at?

At June’s lunch and learn event, financial expert T.D. Winters explored how you can effectively manage and measure growth for your company using the metrics that matter.

In this presentation, T.D. covers:

  • What benchmarking is and why it matters to your business
  • How to calculate different financial ratio categories 
  • Useful metrics to track business profit as well as any masking inefficiencies 
  • What tools and resources are available for benchmarking

T.D. Winters' presentation - Benchmarking Your Business

A good example of an industry financial data and general ratios can be found here. You can use the information found in the datasheet to compare your numbers to your peers, pinpoint where you need to improve, and how you make better business decisions. 

We hope you find this presentation useful to measure the growth of your company and to keep it thriving for years to come.

Topics: benchmarking

Ladd Roberts

Business Bank of Texas

Ladd Roberts is Senior Vice President of Business Bank of Texas, N.A. With over 30 years experience in the banking industry, Ladd brings a wealth of knowledge and experience to the bank. For the past 24 years he has served as a small business lender / account manager for several San Antonio area banks. Ladd has a reputation for being a hard working lending officer focused on his customer’s needs. Ladd is active in the community and has served as president of the San Antonio Risk Management Association (RMA), the San Antonio Breakfast Club and a local Rotary Club. He received a B.S degree from Texas A&M (1976), MBA from University of Texas – San Antonio (2002), and attended the prestigious Southwestern Graduate School of Banking at SMU (1991).
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