CTDA announces the production of the 2024 CTDA Financial Benchmarking Program. The program is designed to optimize distributor performance in an environment of relentless pressure on profit margins. This year the report will provide you with a broader view of the distribution channel by sharing aggregated data across CTDA's membership.
Complete the survey in Excel or simply send your year-end balance sheet and financial statement to Benchmarking Analytics. Please send your completed survey or financial statement to Benchmark Analytics, no later than May 15, 2024 at surveys@benchmarkinganalytics.com.
Each participant that returns a completed questionnaire will receive an individual Financial Benchmarking Report delivered in an Excel dashboard analyzing their company. This report offers an interactive, dynamic look at the columns of data the user wants to use for benchmarking. Benchmarking Analytics sends these reports directly to the survey participants.
Benefits of participating include:
- All data is confidential
- No cost to participate for CTDA Members
- Develop a broader view of the distribution channel
- Compare your performance metrics next to industry averages
- Easy identification of areas for improvement
- Gain a better understanding of the “best practices” of high performing distribution companies
