
Q&A: Industry Benchmarks for SMB Forecasting
Industry benchmarks help small and medium-sized businesses (SMBs) forecast more accurately by aligning their financial goals with market standards like profit margins, customer acquisition cost, and revenue growth. By combining these benchmarks with both data-driven and expert-based forecasting methods, SMBs can set realistic targets, improve cash flow planning, and avoid costly missteps. Tools like AI-powered software and platforms such as Clearly Acquired streamline this process, offering tailored insights, real-time updates, and more precise projections.