If you are fortunate enough to have a little time off work over the next few weeks, it may be a good opportunity to take stock of how your business is performing and whether it is set up appropriately for the next 12 months.
There are a number of business ‘health’ factors that go to ensuring your business is successful today, and into the future, and I encourage you to use this break to take a close look at some of those factors.
Business health factors that could do with investigation may include:
- Staff performance
- Cash flow
- Work in Progress
- Creditor and debtor management
- Business processes
- Owner remuneration
- Business planning and strategic direction.
Our free JPAbusiness Business Health Check will help you with this process, allowing you to rate your business’ performance against 15 health factors, with an explanation of key considerations for each. It also provides some suggestions for how you may improve the health of your business, based on your score.
If you would like advice or support regarding your business’ health and performance, contact the business advisory team at JPAbusiness for a confidential, obligation-free discussion.