1. Have you conducted a SWOT (strengths, weaknesses, opportunities and threats) analysis of your businesss?
Yes No
2. Do you capitalize on business opportunities and strengths?
Yes No
3. Do you strategically plan, document and execute the plan, and then hold your company accountable?
Yes No
4. Have you looked for ways to lower inventory costs? Can you reduce or turnaround inventory quicker?
Yes No
5. Is company management open to change?
Yes No
6. Do you continually market in good and bad times?
Yes No
7. Do you find ways to improve cash flow? Sell idle assets? Maximize use of space? Have accounts receivable procedures in place?
Yes No
8. Have you sought out investors, partners or companies with with which to merge or buy?
Yes No
9. Do you seek help from trusted advisors before you're in deep trouble?
Yes No
10. Do you carefully consider new purchases or investments and whether they fit in with your business strategy?
Yes No
Results
Total Number of Yes Responses: ________
# Of Yes Responses Rating
9 or 10 Excellent
7 or 8 Good
5 or 6 Fair
4 or less Help!
If you want ideas to improve your score, contact a business analyst at (801) 364-4949.