Assess Your Business's Financial Health

  • Instructions: Financial Health Assessment Metrics

    The scoring system is simple: each "Yes" answer is worth 1 point, and each "No" answer is worth 0 points. Once you've completed the form, your total score will reflect the following: 13-15 points: Strong financial health with minimal risk. 10-12 points: Moderate financial health, some risk. 6-9 points: At risk and requires attention. 0-5 points: Poor financial health with high risk.
  • Has your business been registered and operating for more than a year?*
  • Is your monthly revenue consistent?*
  • Are you generating a profit after covering all expenses?*
  • Do you have enough cash flow to cover daily operations and unexpected costs?*
  • Does your business have debt that is less than 30% of your annual revenue?*
  • Are you consistently making timely payments on debt and bills?*
  • Do you have assets that can be quickly converted into cash if needed?*
  • Do you track your financial performance regularly?*
  • Do you have a budget or financial plan for the next 12 months?*
  • Are you actively working to improve profitability and reduce costs?*
  • Do you have multiple sources of income for your business?*
  • Are you managing payments to vendors and contractors without overdue debts?*
  • Have you filed tax returns for the past three years?*
  • Do you have adequate insurance coverage for your business (e.g., liability, property, worker's compensation)?*
  • Do you have an emergency fund or liquid assets available for unexpected challenges?*
  • Should be Empty: