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Which industry does your business predominantly operate within?

Finance

You have an annual budget and review your actual results against your budget every month.

Finance

You have a process in place to track and manage your cash flow.

Finance

You have developed a strong working environment with your bank or finance provider.

Risk Management

All key insurance policies are in place and market tested annually.

Risk Management

All computer systems and data are backed up each day – disc, off site, or cloud based.

Risk Management

You have an external accountant to audit and discuss your results and submit tax returns annually.

Sales

Your sales are reported weekly against budget.

Sales

Individual activity/targets agreed and reported weekly.

Sales

You celebrate wins with your Team.

Operations

Key Performance Indicators for individuals and/or teams are established.

Operations

Key Performance Indicators for individuals and/or teams are measured.

Operations

Key Performance Indicators for individuals and/or teams are visible.

People

Employment contracts are in place and are reviewed annually against current employment environment and legal relevance.

People

Position Descriptions for all roles are in place and are reviewed annually.

People

Performance Appraisals are conducted annually and identified improvement/development opportunities are actioned within agreed parameters.

Systems

Policies and Procedures are documented, reviewed and updated annually.

Systems

All relevant Team Members have been trained in them.

Future Thinking

Do you have an exit plan in place?

Future Thinking

Are you currently constructing an exit plan?

Future Thinking

Do you spend time exploring what external factors may change that will impact on your business – Societal; Technology; Economic; Environment; Political?


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