When preparing their bids and budgets, many members use SMACNA’s Financial Survey Report as a guide to compare their numbers to responses from other companies operating in the same markets and geographic areas. Designed specifically for sheet metal and HVAC contractors, SMACNA’s Financial Survey will be available for members to complete online by the first week of May.
The survey data will be compiled into a Financial Survey Report with data that can be used as benchmarks by contractors to evaluate their performance against similar companies across the country. Members will be able to compare their company by contractor type, location, and revenue size.
Members commonly use this information to create financial reports and strategic plans as well as to support financial figures for customers, lenders, and sureties. The survey also captures data on higher-performing companies or those in the top quartile.
Member information is confidential and only compiled data is included in the report. John Murdough, CPA, MBA, of Henry and Horne, will analyze the data and provide an analytical commentary and summary in the report.
The report is free to SMACNA members who take part in the survey.
For more information, contact Bridgette Bienacker, director of business management and membership at (email@example.com / (703) 803-2987)