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  • Alarm installation services – fire and security

    Check the performance benchmarks for alarm installation services – fire and security.

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    Businesses in this industry

    Businesses in this industry install fire alarms, smoke alarms and security systems.

    These benchmarks do not apply to businesses that install alarms and security systems in motor vehicles, video surveillance systems, or importers and manufacturers of alarm and security systems.

    What are performance benchmarks

    Performance benchmarks use information reported on tax returns for the 2020–21 financial year and are updated each year. This is the most current data.

    The benchmarks show ranges of business income to business expenses. Use these benchmarks to compare your performance against similar businesses.

    Key benchmark range

    Total expenses to turnover is the key benchmark range for this industry. It is the most accurate when predicting business turnover.

    You should fall within the key benchmark range for your annual turnover. If you fall outside the range for your industry, your business may have room to improve.

    Check that you have reported all income and accounted for any trading stock used for private purposes. Some businesses can use accepted amounts as estimates for the value of trading stock used for private purposes.

    2020–21 benchmarks

    Key benchmarks for 2020–21

    Annual turnover range

    $50,000 – $150,000

    $150,001 – $600,000

    More than $600,000

    'Total expenses' divided by 'Annual turnover'

    49% to 70%

    63% to 78%

    77% to 87%

    Average total expenses

    59%

    70%

    82%

    Other benchmarks

    Not all expenses are reported by every business. Only use this information as a guide if it applies to your business.

    Other benchmarks for 2020–21

    Annual turnover range

    $50,000 – $150,000

    $150,001 – $600,000

    More than $600,000

    'Cost of sales' divided by 'Annual turnover'

    20% to 40%

    27% to 45%

    32% to 45%

    'Labour' divided by 'Annual turnover'

    24% to 40%

    18% to 35%

    23% to 37%

    'Rent' divided by 'Annual turnover'

    3% to 6%

    3% to 5%

    2% to 3%

    'Motor vehicle expenses' divided by 'Annual turnover'

    6% to 9%

    4% to 6%

    2% to 3%

    For benchmarks for previous years, see Small business benchmarksExternal Link.

      Last modified: 21 Apr 2023QC 43654