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How do you compare to your rivals? Five steps to benchmarking your company profits

How do you compare to your rivals? Five steps to benchmarking your company profits One of the best ways to keep business operating successfully is through continually calculating and comparing their overall performance against competition averages, a notion more officially knowing as: benchmarking. Benchmarking involves researching your business processes and performance metrics to competitor bests or, best practices off their companies. Measurements typically determined include quality, time and expense. In