One of the major challenges facing all apparel business owners today is having meaningful standards of comparison for their financial performance. But in an industry in which the large majority of businesses are privately held, how can a company get its hands on enough significant financial and operational data upon which to make any meaningful comparisons?
Moss Adams, in conjunction with two other partner firms that make up the Apparel and Textile Accountants and Consultants (ATAC) Network, developed a benchmarking survey to address this specific issue.
The tool, called ATAC SCORE CARD includes data from approximately 160 companies. The tool provides your company with the ability to benchmark your full income statement, balance sheet and key ratios against all companies included in the survey, as well as companies within your relevant revenue range, market segment, and region. Comparison data versus a select group of public companies is also available.
To see how your company measures up, please give us a call. We welcome the opportunity to sit down with you face-to-face to share the results of your SCORE CARD report and to help you establish goals to improve your company’s profitability.
Martin Hughes
310-477-0450
Frank Kaufman
949-221-4000
Wenli Wang
415-956-1500
Darin Goehner
206-302-6500
Congratulations to Juan Carlos Obando, the 2007 Moss Adams Fashion Innovator award winner.