Using Appendix A
This is taken from the Review of Statistical Methodology used in producing Small Business Benchmarks. It was undertaken by David Heath, Director of Cumpston Sarjeant Pty Ltd and Fellow of the Institute of Actuaries of Australia and delivered to us on 30th September 2013.
Entertainment media retailing
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 142 | 85 | 51 |
Cost of sales | 152 | 113 | 69 |
Key benchmark ratio | Annual turnover range $65,000–$350,000 | Annual turnover range $350,000–$1,000,000 | Annual turnover range more than $1,000,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 41% – 59% | 42% – 62% | 55% – 65% |
Income tax return – Average cost of sales | 50% | 52% | 59% |
Income tax return – Total expenses to turnover | 72%–85% | 86%–94% | 90%–94% |
Income tax return – Average total expenses | 79% | 90% | 92% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 154 | 86 | 62 |
Cost of sales | 157 | 114 | 83 |
Key benchmark ratio | Annual turnover range $50,000–$300,000 | Annual turnover range $300,000–$900,000 | Annual turnover range more than $900,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 40%–59% | 44%–62% | 52%–65% |
Income tax return – Average cost of sales | 49% | 53% | 58% |
Income tax return –Total expenses to turnover | 70%–82% | 84%–94% | 89%–94% |
Income tax return – Average total expenses | 76% | 89% | 92% |
Ice cream retailing
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 65 | 148 | 53 |
Cost of sales | 113 | 177 | 64 |
Key benchmark ratio | Annual turnover range $65,000–$250,000 | Annual turnover range $250,000–$600,000 | Annual turnover range more than $600,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 30%–39% | 30%–34% | 30%–32% |
Income tax return – Average cost of sales | 34% | 32% | 31% |
Income tax return – Total expenses to turnover | 80%–85% | 86%–92% | 84%–93% |
Income tax return – Average total expenses | 82% | 89% | 89% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 57 | 148 | 75 |
Cost of sales | 103 | 179 | 93 |
Key benchmark ratio | Annual turnover range $50,000–$200,000 | Annual turnover range $200,000–$500,000 | Annual turnover range more than $500,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 29%–40% | 30%–35% | 29%–32% |
Income tax return – Average cost of sales | 34% | 33% | 31% |
Total expenses to turnover | 77%–83% | 84%–91% | 86%–93% |
Average Total expenses | 78% | 87% | 90% |
Beauty Services
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 1,160 | 516 | 355 |
Cost of sales | 1,002 | 559 | 376 |
Key benchmark ratio | Annual turnover range $65,000–$200,000 | Annual turnover range $200,000–$400,000 | Annual turnover range more than $400,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 17%–25% | 17%–24% | 18%–24% |
Income tax return – Average cost of sales | 21% | 21% | 21% |
Total expenses to turnover | 68%–82% | 79%–87% | 83%–92% |
Average Total expenses | 75% | 83% | 87% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 1,231 | 878 | 244 |
Cost of sales | 985 | 926 | 256 |
Key benchmark ratio | Annual turnover range $50,000–$150,000 | Annual turnover range $150,000–$500,000 | Annual turnover range more than $500,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 16%–25% | 17%–23% | 18%–25% |
Income tax return – Average cost of sales | 21% | 20% | 21% |
Total expenses to turnover | 64%–79% | 79%–87% | 83%–92% |
Average Total expenses | 72% | 83% | 87% |
Sports, camping and fishing retailing
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 379 | 721 | 675 |
Cost of sales | 447 | 869 | 827 |
Key benchmark ratio | Annual turnover range $65,000–$250,000 | Annual turnover range $250,000–$750,000 | Annual turnover range more than $750,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 54%–65% | 56%–65% | 60%–65% |
Income tax return – Average cost of sales | 59% | 60% | 62% |
Total expenses to turnover | 78%–88% | 84%–91% | 89%–94% |
Average Total expenses | 83% | 87% | 91% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 706 | 548 | 568 |
Cost of sales | 829 | 664 | 697 |
Key benchmark ratio | Annual turnover range $50,000–$400,000 | Annual turnover range $400,000–$900,000 | Annual turnover range more than $900,000 |
|---|---|---|---|
Income tax return – Cost of sales to turnover | 54%–65% | 57%–65% | 59%–65% |
Income tax return – Average cost of sales | 60% | 61% | 62% |
Total expenses to turnover | 80%–89% | 85%–92% | 89%–94% |
Average Total expenses | 84% | 89% | 91% |
Electrical services
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 7,957 | 3,787 | 3,094 |
Key benchmark ratio | Annual turnover range $50,000–$200,000 | Annual turnover range $200,000–$500,000 | Annual turnover range More than $500,000 |
|---|---|---|---|
Income tax return – total expenses to turnover | 54%–69% | 65%–79% | 78%–88% |
Income tax return – average total expenses | 61% | 72% | 83% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 9,930 | 2,717 | 2,191 |
Key benchmark ratio | Annual turnover range $50,000–$300,000 | Annual turnover range $300,000–$700,000 | Annual turnover range more than $700,000 |
|---|---|---|---|
Income tax return total expenses to turnover | 55%–70% | 70%–83% | 80%–89% |
Income tax return average total expenses | 63% | 76% | 85% |
Plumbing services
Confirmation of calculations, published on Small Business Benchmark website.
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 5,745 | 5,521 | 2,114 |
Key benchmark ratio Annual turnover range | Annual turnover range $50,000–$150,000 | Annual turnover range $150,000–$600,000 | Annual turnover range more than $600,000 |
|---|---|---|---|
Income tax return – Total expenses to turnover | 50%–67% | 66%–79% | 79%–89% |
Average total expenses | 59% | 72% | 84% |
Alternative calculations, with varied annual turnover ranges
Counts | Low | Medium | High |
|---|---|---|---|
Total expenses | 7,287 | 3,529 | 2,564 |
Key benchmark ratio | Annual turnover range $50,000–$200,000 | Annual turnover range $200,000–$500,000 | Annual turnover range More than $500,000 |
|---|---|---|---|
Income tax return total expenses to turnover | 53%–69% | 68%–79% | 78%–88% |
Income tax return average total expenses | 61% | 74% | 83% |