September 14, 2005 — The Specialized Carriers & Rigging Association (SC&RA), Fairfax, Va., recently released a new financial benchmarking study. The 76-page report focuses on the responses of 31 SC&RA member companies to a confidential survey concerning their operations between December 31, 2003 and December 31, 2004. Highlighting key financial and operating characteristics of three different service types of SC&RA member companies — specialized transport, crane rental, and rigging — the study addresses topics such as how much top-performing companies are making on the bottom line, employee productivity, staffing costs, expenses, and debt.
The “Guide to Benchmarking” section of the study includes tips on using financial statements as working tools, a financial cause and effect road map, and action plans for profitability, productivity, financial position, and cash flow. Participating companies received a free copy of the study as well as an individualized consulting report. The SC&RA Financial Benchmarking Study is now available to nonparticipating companies for $495. To order, call (703) 698-0291.
