The JPAbusiness Business Health Check template asks 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.
JPAbusiness has been conducting Business Health Checks for clients for over 18 years. In this video James explains how the Business Health Check serves as a diagnostic tool for uncovering a business' weaknesses, while also identifying its strengths.
We recommend conducting a Business Health Check at least once a year, but you can do it more frequently as a way of checking in with yourself and your senior team on how the business is performing from a variety of perspectives, including:
- customer service
- supplier relationships
- bankers, shareholders and partners.
Whether you use the Business Health Check template annually or more frequently, we recommend it becomes a regular part of your business review processes to ensure you have a good understanding of what is impacting your business performance and can then take timely steps to address it.
The JPAbusiness team provides Business Health Checks as well as a range of other business advisory services.
Contact the team on 02 6360 0360 or 02 9893 1803 for a confidential discussion about your business health and direction.
James Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.