Financial Health Check

Ten questions. Five minutes. An honest read on your business.

Rates up, wages up, insurance up. Work through these with a coffee — traffic-light scoring shows you where you're holding ground and where you're quietly drifting.

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  1. Q1vs last quarter

    Compared to last quarter, your revenue is…

    Look at total sales this quarter vs the one before.

  2. Q2vs last quarter

    Compared to last quarter, your gross margin % is…

    Revenue minus cost of goods, as a % of revenue.

  3. Q3vs last quarter

    Cash in the bank vs the end of last quarter is…

    Just the operating account — not loans or drawdowns.

  4. Q4vs last year

    Compared to the same month last year, revenue is…

    Year-on-year removes seasonality noise.

  5. Q5vs last year

    Compared to last year, your net profit % is…

    What's left after everything — including your wage.

  6. Q6

    Do you know your monthly break-even number?

    The revenue you must hit each month to cover all costs.

  7. Q7

    Invoices more than 60 days overdue?

    Money owed to you that's aged past two months.

  8. Q8

    Do you pay yourself a regular, budgeted wage?

    Not leftovers — a planned amount, every cycle.

  9. Q9

    Have you reviewed your prices in the last 12 months?

    Costs have moved. Have your prices?

  10. Q10

    If revenue stopped tomorrow, how long would cash cover costs?

    Your operating runway.

Have a look at our DIY Financial Review — free to use, whenever you want.

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