Business Health Check

The end of financial year is fast approaching and now is the need to talk about tax planning and to encourage you to do a self-inspection of your business to see how you are tracking (what you have achieved and where your business is going).

Regularly evaluating the performance of your business is good practice. Even if your business is going well, there is always room for improvement. Some aspects of your business that you should be reviewing are:

• Business planning - risk management, strategies, goals and business sustainability;
• Business systems and processes;
• Business performance and financial performance;
• Debtor management - billing, invoicing, collection and clients/customers;
• Work in progress and future work flow;
• Cash flow - identifying weak and strong periods;
• Staff performance and culture.

If you require further information or would like a business health check conducted please contact us.