See how your business performance stacks up against companies of similar sizes, in similar industries. Use benchmarks to promote your success, inform business strategy, or identify areas where you may be falling behind. Databox Benchmarks cover a wide range of business functions so you can benchmark the metrics that matter most.
Net MRR, New MRR, New Customers, New Subscriptions, Transactions, Payments, Failed Charges, Churn, Churn from Delinquent Charges, Refunds
This benchmark group is for all businesses that want to track critical Stripe data. Benchmark important metrics like New MRR, New Customers, Churn, Payments, Refunds, and New Subscriptions.
QuickBook benchmarks for income, gross profit, net income, net operating increase, and net cash increase.
What is benchmarking in business?
Benchmarks are reference points for you to compare your business performance against businesses that are similar to your own in size and industry. Business benchmarks can cover a variety of different functions, like sales, marketing, finance, and more. Benchmarking helps contextualize your business’ unique performance within your industry.
Why do businesses use benchmarks?
Businesses use benchmarks as a reference point to compare their performance against businesses that are similar in size and industry. Benchmarks help businesses determine if they are succeeding in their markets, and can give insights into high-performing areas of the business or areas that need improvement.
Where can I find benchmarks for business?
Benchmarks for business can span a variety of functions like marketing, sales, finance, ecommerce, and more. Databox Benchmark Groups offer a wide variety of focus areas for businesses of different sizes and industries. Databox allows any business to join any group that aligns with their specs (size, industry, metrics). Once you join, your data will be uploaded anonymously to the group. Explore Databox’s public benchmark groups here and start benchmarking your sales performance today.
Why is benchmarking important in business?
Benchmarking is important because it gives industry context to your business numbers, including:
How can benchmarks help your business?
Benchmarks help businesses by helping them identify important market or industry trends. Benchmarking also helps businesses identify areas of strength and weakness within their business so they can make more informed strategy decisions.
Get immediate insights on how your company compares to similar companies based on what matters to you. Filter by industry, company size, or revenue. As long as it’s a match, you can join as many Benchmark Groups as you’d like.