Business strategies are not one-size-fits-all.

Tell us a little more about the bottom line of your business and get a free business report
curated by our expert coach Vijay Johar.
(To get a clear idea of where you stand, it is suggested to answer the questions truthfully.)

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Category: How Do You Manage Your Time?

Is there enough time in your day to get work done?

Rarely, I struggle to keep up.

Never. I am overwhelmed with my workload.

Yes, although some important tasks are not completed.

Yes, my days are well planned and almost every task is completed.

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Category: How Do You Manage Your Time?

On average, how many hours do you work a week?

60+ hours per week.

20 and 45 hours.

45 and 55 hours.

Less than 20 hours.

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Category: How Do You Manage Your Time?

How do you currently manage your workload?

I prioritize my tasks and achieve many long-term strategies.

My days are largely disorganized, with many interruptions.

Tasks are completed based on a daily level of urgency.

I am not sure.

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Category: How Do You Manage Your Time?

Are you able to spend quality time with the people you care about?

Yes, I always have time with my family and friends.

Most of the time my family is top priority.

No, I put the majority of my time into my business.

Rarely.

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Category: How Do You Manage Your Time?

Do you use time in meetings to your advantage?

No, our meetings do not use time effectively.

We do not have regular meetings.

Yes, but meetings are often too long, not very organized, or infrequent.

Yes, meetings are concise, planned and help achieve our objectives.

6 / 24

Category: How Do You Manage Your Time?

How do you manage your free time?

I have time for hobbies, relaxing, and reading.

I have an hour or more of free time a day, with regular exercise.

I often feel as though I can't relax, I keep thinking of work.

I schedule time for occasional breaks.

7 / 24

Category: How Do You Manage Your Team?

How do your employees work together as a team?

My employees do not work together as a team.

There are some personality clashes.

The team works effectively most of the time.

There is synergy among all members of the team.

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Category: How Do You Manage Your Team?

Does your team identify with your company?

Some employees identify with our company.

No. Most employees are here for a paycheck.

Yes. Every member of my team is a walking/talking advertisement for the company.

Yes. Most understand and we have a strong culture.

9 / 24

Category: How Do You Manage Your Team?

What level of communication occurs within your team?

Communication is highly effective.

Communication is mostly effective.

There are frequent communication challenges within the team.

My employees work independently.

10 / 24

Category: How Do You Manage Your Team?

What level of understanding do your team members have about their role?

Team members "hit the ground running" with little instruction or review.

Team members are often confused about roles and how they impact the business.

Written job descriptions and regularly scheduled reviews make roles clear.

There are some formal structures and employees receive regular feedback.

11 / 24

Category: How Do You Manage Your Team?

Do you consult your team members for suggestions for improvements?

I have not asked for feedback in over 6 months.

Team members often leave feedback, I rarely find it valuable.

I have asked, however team members do not leave feedback.

I often use team member suggestions.

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Category: How Do You Manage Your Team?

Do you let your team members know when you are proud of their work?

I tell everyone else in the team but that person

Yes - but I only make the effort when I feel like it.

No - I don't encourage my team.

Yes - I make a conscious effort to tell them.

13 / 24

Category: How Do You Manage Your Money?

Does your company stick to a clearly defined budget?

Rarely. The budget is generally not followed.

Sometimes. The budget is considered more of a guide.

No. We don't use a budget.

Yes. The budget is always adhered to.

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Category: How Do You Manage Your Money?

What financial importance would you place on getting new business in the next 12 months?

We are already profitable, and have plans/goals for generating new business.

I don't need any new customers.

It is critical to the survival of my business.

It is important, but not critical.

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Category: How Do You Manage Your Money?

How often do you complete your financial statements?

Weekly or Monthly.

Quarterly.

We don't have organized financial statements.

Every Six months.

Yearly.

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Category: How Do You Manage Your Money?

How has your profit margin performed this past financial year?

Increased.

Not sure.

Remained Constant.

Decreased.

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Category: How Do You Manage Your Money?

What is your cashflow outlook for the next 12 months?

A positive cashflow result is forecast.

I never have enough cash to pay my bills.

A negative cashflow result is forecast.

I don't monitor my cashflow.

18 / 24

Category: How Do You Manage Your Money?

How does your company set its prices?

Undercut the competition.

Estimate market value.

I'm not involved with price setting.

Add X% markup to the cost price.

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Category: Do You Have The Systems In Place To Efficiently Run Your Business?

Does your company stick to a clearly defined business plan?

No, we rarely use/update the business.

Yes, and we review our business plan regularly.

No, we don't have a formal business plan.

Yes, and we review our business plan every 90 days.

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Category: Do You Have The Systems In Place To Efficiently Run Your Business?

How organized are your company's systems and procedures?

The systems and procedures are out of date and need updating to become efficient.

Some systems and procedures are working but there is still room for improvement.

There are no/very few formal systems and procedures in place.

The company runs like clockwork as a result of highly efficient systems and procedures.

21 / 24

Category: Do You Have The Systems In Place To Efficiently Run Your Business?

Which of the following best describes your company's employee systems?

We use verbal communication and handle situations on an individual basis.

There is no formally systemized way to educate our people in the aspects of my business.

We have formal written policies and reviews, although we don't provide training.

We invest in our employees, providing training as well as formal written systems and policies.

22 / 24

Category: Do You Have The Systems In Place To Efficiently Run Your Business?

What delivery and distribution procedures have you implemented for systemizing processes in your business?

A complete purchasing and stock receiving system is in place.

We run paperless delivery and distribution systems.

We forecast customer demand to plan for stock movements.

We don't have any formally systemized delivery or distribution.

23 / 24

Category: Do You Have The Systems In Place To Efficiently Run Your Business?

How do you test and measure the performance of your business?

There are no goals/plans. We measure our business success by how much profits go up/down.

We have multiple measurable goals/plans that are calculated and divided by time periods.

We measure performance on a daily basis and often use quotes

We have goals and plans, although we frequently do not evaluate our progress.

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Category: Do You Have The Systems In Place To Efficiently Run Your Business?

What technology procedures have you added to system your business?

Operations are (for the most part) fully computerized.

Our technology still works, although it is outdated.

Operations are mostly computerized and we frequently update with new technology.

We have minimal technology in our company.

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