CoViD 19 – Answer These Questions to Review Your Business.

Am I being well organised and efficient with my working hours in my business?.
Am I really managing my cash flow on at least a weekly basis?
Am I making at least a break even point on each of my products and services I offer in my business?
Am I conducting cost and resource effective marketing activities continually to bring new customers to my business?
Do I have a formal organisational chart with business operational, administrative and financial functions with the roles and responsibilities of my staff noted on it?

Am I changing my management style to fit the growth of my business?
Do I have a financial recording system that provides me with the regular, useful key data information for me to make the decisions about my business?
Do I need to look at my plant and equipment, fixtures and fittings to make sure they are what my business needs and are located in their best productive position?
Are my business supply lines reliable and diversified?
Are the terms of trade I have with my customers and suppliers the best I can get to minimise my working capital requirements?
What am I doing about research and developing new products and services to offer to my customers and to get new customers?
Do I have the best employees in my business and in their best roles for wages paid?
Am I recording my liabilities for my employees benefits on my balance sheet?
Is my business located in its best position relative to my customers and suppliers?
Do I really know who and where my competitors are and their market activities?
Am I in compliance with my insurance and legislative requirements?

If you need more information or help, please talk to me

Graham Long

M: 0401-308-385
E: Click here to contact Kevin Lovewell
Member & Registered Business Valuer
Australian Institute of Business Brokers

M: 0428-649-791
E: Click here to contact Graham Long
Member & Registered Business Valuer
Australian Institute of Business Brokers

M: 0401-308-385
E: Click here to contact Kevin Lovewell
Member & Registered Business Valuer
Australian Institute of Business Brokers
What others say about Kevin Lovewell

M: 0428-649-791
E: Click here to contact Graham Long
Member & Registered Business Valuer
Australian Institute of Business Brokers
What others say about Graham Long

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Negotia Group
PO BOX 100 Beachmere
QLD4510 Australia
Call 1300-551-757