Let's look at the financial health of your business!
Do you have a clear strategic and business plan
Yes - it is fully written up, and I refer to it often
Yes - I have an outline
No - I keep meaning to do this
What is a business plan
What do you think is the purpose of a financial plan in your business
To track daily expenses
To set long-term business goals
To calculate employee salaries
To forecast sales and manage cash flow
How often do you update your financial plan?
Never
Monthly
Annually
Only when there are changes in the business or financial goals
What do you think is the importance of setting financial goals for your business
To attract investors
To provide a clear direction for decision making
To keep an eye on my tax liabilities
Helps me with my budgeting
I have no idea!
Do you have realistic forecasts and cashflows for the next three years
Yes
No
What is a cashflow forecast?
Have you done the market research to back up your assumptions?
Yes
No
Where do I start?
Do you have a clear understanding on what you should be charging?
Yes - it is in my plan
I have a slight understanding
I am still trying to find my sweet spot with pricing
I have no idea where to start
If you were a bank - would you give yourself a loan?
Yes
Unsure
Not at this stage
How well do you know your numbers
I know exactly what is coming and going from my business
I have a rough idea
I just guess and hope for the best
Do you pay your bills and tax on time
All the time
most of the time
I am always juggling payments
Unsure
Name
First Name
Last Name
Email
example@example.com
Submit
Should be Empty: