Is your business Financially Fit?

Take this one-minute
assessment to find out.

My company’s financial statements are on an accrual basis.

I receive timely, accurate financial statements by the 15th of each month.

I get all reconciliation reports every month (all bank accounts, vendor statements, credit card statements are reconciled and a report showing the reconciliation is given to me).

I calculate and graph the results of the company’s Profit and Loss Statement AND balance sheet every month so I can see the monthly and long term trends.

There are no negative cash or negative accounts receivable on the company’s balance sheet.

There are no negative payroll taxes, loan balances, or negative credit card balances on the company’s balance sheet.

Equity is positive on the balance sheet and matches the profit shown on the profit and loss statement. (Equity is also called net worth or capital).

I know the company’s gross margin trends and I can see them on a graph each month.

I calculate and graph the trend of the company’s employee productivity ratio every month.

The aged accounts receivable and aged accounts payable reports total values are the same value as the accounts receivable and accounts payable values reported on the company’s balance sheet.

Ruth King | Profit & Wealth Guru | 770-729-0258 | [email protected]

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Is your business Financially Fit?

Take this one-minute assessment to find out.

Time Limit Reached

Take this one-minute
assessment to find out.