With primeIndustryReports.com, business owners now have a powerful Web-based tool that will allow them to more realistically compare their own overhead costs, operating profits, and general financial performance against local competitors operating under the same economic conditions.
Hagaman, NY (PRWEB) June 24, 2008
Oxxford Information (http://www.oxxfordinfo.com) announced today the launch of primeIndustryReports.com, a new Web-based service providing Industry financial data at the County, State, and National levels.
This unique service provides business owners with easy access to specific County-level industry financial profiles. Each report provides 5 years of income statement and balance sheet data, along with graphs and charts that present sales trends, key business ratios and other financial benchmarks in an easy-to-read format. Using County-focused data allows the reader to evaluate their company's financial performance based upon the geographic region in which they operate.
"Until now it has been difficult for small business owners to evaluate how well they are really doing, as most financial services aggregate data at the national level, either masking or completely eliminating geographic operational differences," according to Cliff Brundage, Oxxford's Executive Vice-President . "With primeIndustryReports.com, business owners now have a powerful Web-based tool that will allow them to more realistically compare their own overhead costs, operating profits, and general financial performance against local competitors operating under the same economic conditions."
Brundage also notes that these reports can serve a variety of essential business objectives. They offer key financial guidance to entrepreneurs seeking realistic numbers for business and marketing plan projections. They provide sound financial benchmarks to those involved in business valuations and competitive information essential to successful business management.
The data found in the reports is currently used by bankers, insurance brokers, venture capitalists, accountants and other professionals who need to understand their clients' local economic environment in order to advise them on growth potential as well as on valuations for investments, sales, mergers and acquisitions. This same data is now available through primeIndustryReports.com in an easy to understand format to all who need geographic-based financial data and trends analysis to understand and grow their business.
primeIndustryReports.com was developed in conjunction with Oxxford's technology partner, NetBridge Technologies (Rosemont, PA), which specializes in making key financial data available through Web-based applications.
For more information and to access these reports, visit the website: http://www.primeindustryreports.com
About Oxxford Information:
Oxxford Information has provided information on the Small Business market to the Financial Services industry for over 25 years. The company is widely recognized as an industry leader in the use of advanced information technology and analytical techniques to achieve practical and actionable solutions for client problems.
cliff @ oxxfordinfo.com