Budget Benchmarking Statistics
Real data insights from Canadian businesses help you understand where your finances stand and where they could go next.
Businesses Analyzed
Small to mid-size companies across Quebec and Ontario regions
Average Savings Found
Cost reductions identified through detailed budget comparison
Total Budget Data
Dollars analyzed across multiple industry sectors in 2024
What The Numbers Tell Us
Most businesses spend about 30% more than they need to in at least three budget categories. The biggest culprits? Software subscriptions, office supplies, and professional services.
We've noticed that service-based businesses often miss opportunities in their marketing spend, while retail operations tend to overpay for inventory management tools.
Industry Breakdown
Retail Sector
Inventory costs typically run 15-20% higher than optimal levels. Payment processing fees show the most variation between similar businesses.
Service Companies
Technology expenses account for 12% of budgets on average, but range from 6% to 28% depending on optimization strategies.
Manufacturing
Energy costs show 35% variance across similar operations, presenting significant opportunities for efficiency improvements.
Healthcare Services
Compliance and regulatory expenses remain consistent, but administrative software costs vary dramatically between practices.
The benchmarking data helped us identify ,000 in annual savings we never would have found on our own. We were paying premium prices for basic services.
See How You Compare
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