Business Health Audit
Please answer these questions honestly and thoroughly to help me tailor my services to your specific needs. Your responses will remain confidential. Thank you for your cooperation and trust. Your custom report will be generated personally by me within 24 hours. Please note that the human aspect and wisdom behind this audit ensure it is tailored to your business.
Business Information
Name
First Name
Last Name
Phone Number
Please enter a valid phone number.
Email
example@example.com
Company Name
Company Address (Physical Location) - This helps with risk mitagation
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
# of Employees
What is the approximate annual revenue or profit margin of your company?
Less than $100,000
$100,000 - $500,000
$500,000 - $1,000,000
$1,000,000 - $5,000,000
Preferred Method of Communication
In Person
Phone Call
Video (Teams, Google, Zoom)
Text/Message Apps
Other
HEALTH AUDIT QUESTIONS
Legal Structure
Have you selected the most appropriate legal structure for your business, such as sole proprietorship, LLC, corporation, or partnership?Have you registered your business with the appropriate government authorities and obtained all necessary licenses and permits?
Business Plan
Do you have a clear and updated business plan that outlines your mission, vision, goals, and strategies for growth?
Marketing Plan
What is your target market, and do you have a marketing plan in place? How effective are your marketing efforts at generating leads and converting them into clients?
Financial Records
Are your financial records organized, accurate, and up-to-date? Do you use accounting software to manage your finances effectively?
Banking and Financial Accounts
Have you opened a separate business bank account to keep personal and business finances separate? Do you maintain records of all business-related transactions, including receipts and invoices?
Tax Compliance
Are you aware of your tax obligations, including income tax, sales tax, and payroll tax? Have you established a system for tracking and paying taxes on time?
Insurance
Do you have appropriate insurance coverage for your business, including liability insurance, property insurance, and workers' compensation (if applicable)?
Budget and Financial Planning
Have you created a budget that outlines your projected income and expenses? Do you regularly review and adjust your budget based on your financial performance?
Debt Management
Are you aware of your business's outstanding debts, including loans, credit lines, and credit card balances? Do you have a plan in place to manage and repay your debts?
Cash Flow Management
Do you monitor your cash flow regularly to ensure you have enough working capital to cover expenses and invest in growth? Have you established a cash reserve for emergencies?
Financial Goals
Have you set clear financial goals for your business, such as revenue targets, profit margins, and growth objectives? Do you track your progress toward achieving these goals?
Record Retention
Are you retaining financial and business records as required by law and industry regulations? Do you have a secure system for storing and backing up important documents?
Financial Analysis
Do you perform regular financial analysis, including income statements, balance sheets, and cash flow statements? Are you identifying areas for improvement and taking action based on your financial analysis?
Professional Advisors
Have you established relationships with professional advisors, such as an accountant, attorney, or financial advisor, to provide guidance and expertise?
Employee and Payroll Compliance
If you have employees, are you compliant with labor laws and regulations regarding wages, benefits, and workplace safety?
Exit Strategy
Have you considered an exit strategy or succession plan for your business's future?
Any other information you want to share to help me with your Health Audit?
Submit
Should be Empty: