Small Business Survival Kit - Beating recession and the credit crunch Online Risk Assessment
DIY Risk assessment for your business
We have set out below a number of simple questions which can help to determine your ability to survive recessionary conditions. It is not possible to do this in a way which accommodates the numerous differences between firms operating in distinct market sectors.
NOTE: This questionnaire assumes that you give credit to your customers and take credit from your suppliers. If you are a cash business, a retailer for instance, questions 4 to 11 may not apply. If you find there is a question which does not apply to your business, just ignore the question and score 2.
Other than this, answer yes or no as appropriate. The fact that you do not have to wait for your sales to convert into bankings is an advantage; however the fact that a number of questions are not relevant to your business may create bias in the result -please call us to discuss the score you have achieved.