- Our Team
August 29, 2016
by: Kevin Stedman
Experience counts when choosing an accounting firm. Not only should you trust that your accounting firm understands the rules and regulations that apply, but more importantly, that they understand your business and industry.
We have years of experience offering traditional accounting services like tax planning and preparation, accounting and auditing and business consulting. Perhaps one of our most valuable service offerings is leveraging our vast experience to help you understand and grow your business through benchmarking. Benchmarking is the process of comparing your business’s performance metrics with those of competitors and/or the entire industry.
Over the years, we’ve gained extensive familiarity with various industries and business structures and have seen how powerful benchmarking is as additional support in managing your business. Being able to share that information with you to give a snapshot of how you stack up to your competition is one of the most important services we can provide. We answer some of those hard questions, like:
Getting answers to these questions is important to understanding your place in the industry, especially if you’re looking to grow. Our benchmarking service is comprised of 6 simple steps:
Benchmarking may be a one-time practice, but we treat it as a continuous process at Hobe & Lucas. Using our resources and benchmarking services, we strive to make this process a little easier than you may have thought.
Not all businesses are the same, but understanding your industry can be a critical factor in your success. We know it can be difficult to take a step back when the daily grind is happening, so let’s work on it together. We have the tools and experience to help you benchmark your performance the right way and find new opportunities to grow. Contact us today to see if you would be a great candidate for our benchmarking service. Fill out our form, call us at 216.524.8900 or contact your Hobe staff member to start unlocking this valuable information and get your edge back on the competition.
December 19, 2023
The IRS has announced the 2024 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. Background: If you use a vehicle for business driving, you can generally deduct the actual expenses attributable to your business use. This includes expenses such as gas, oil, […]
December 15, 2023
It would be hard to argue against the notion that almost every kind of business today is data-driven. Without the information you need to run your company — be it financial metrics, marketing demographics or productivity measures — you’d probably fall behind the competition, and fast. For this very reason, “data capture” has become a critical […]