Compare Yourself to the PIA Ratio Studies
The Ratios reports are structured by specialization area and printer size to provide highly accurate industry benchmarks. Compare your own business to the profit leaders of your market niche. It will help you identify troublesome cost areas and set achievable goals.
Next month, Part 2 of this article will explain how to interpret the PIA Ratios for your business planning needs. The Ratios are an accurate, effective, essential part of company management in the printing industry. If you have not already done so, we urge you to align your accounting with industry standards so you can gain full utility of the resources available to you. Information on the ratios can be found a www.printing.org or www.margolisbecker.com.
MargolisBecker has long been recognized as the financial expert for the printing and allied graphic communications industry, assisting thousands of companies with strategic and financial management, valuation, mergers/acquisitions, accounting, audit and tax services. The firm is noted for its expertise in enabling printing companies to optimize profits. Proudly, it is the purveyor of the industry’s Cash is King, and Value-Added Principles of Management, and compiles the annual Printing Industries of America Ratios, the industry’s premier financial benchmarking tool.