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- Industry benchmarks are metrics that a company can use to see how they’re performing compared to other businesses in their industry12. Benchmarks are industry standards or guidelines for key financial metrics2. They represent the average of key numbers collected from many different businesses and then sorted by industry2. Benchmarks can help companies assess their performance and gain clarity on how they are doing1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Industry benchmarks are metrics a company can use to see how they’re performing compared to other businesses in their industry. Since business largely happens behind closed doors, it’s hard to know if your company is performing at a high standard. Fortunately, benchmarking can give you some clarity.business.adobe.com/blog/basics/overview-of-indus…Benchmarks are industry standards, or guidelines, for key financial metrics. Basically, they represent the average of key numbers collected from many different businesses and then sorted by industry.www.liveplan.com/blog/get-industry-benchmarks/
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