There are many interpretations of what a business health check might entail.
This is what we do:
- Review of your Profit & Loss and Balance Sheet by reference to basic ratios and your industry benchmarks if available.
- Review of trends in profit & cash flow.
- Question adherence to basic licencing and legal requirements.
- Review insurance cover.
- Review Wages & Super
The aim is to pinpoint obvious and immediate threats to your business success.
A broader ‘planning review’ would include an examination of the external environment and a SWOT analysis. This would be the initial stages of a business planning session – always a good idea!
Contact David Howells for more information, or to book your business health check now. Tel: 02 4455 5333.