Springfield, Missouri

Business Health Scorecard

Evaluate your financial structure in under five minutes.

Most business owners look at their financial reports. Very few actually understand them.

This scorecard takes about five minutes to complete. It will help you evaluate the structural health of your bookkeeping, your reporting, and your ability to make confident decisions from your numbers. There are no trick questions. If you are unsure, answer honestly. “Not sure” is a useful answer.

At the end, you will receive a score and a brief interpretation of what that score typically means. Let’s see how your financial foundation is holding up.

Section 1: Financial Statement Understanding

1. Do you review your Profit & Loss statement at least monthly?
2. Do you understand what each major expense category represents on your P&L?
3. Can you clearly explain the difference between gross profit and net profit?
4. Does your Balance Sheet balance every month without unexplained adjustments?
5. Do you understand the difference between profit and cash flow?

Section 2: Critical Numbers & Margin

6. Do you know your current gross margin percentage?
7. Do you know your overhead percentage?
8. Do you know what your labor costs represent as a percentage of revenue?
9. Do you know the minimum monthly revenue required to break even?
10. Do you price your services based on margin targets rather than “what feels right”?

Section 3: Budgeting and Forecasting Confidence

11. Do you forecast cash flow at least 60 days in advance?
12. Do you compare actual results against budget monthly?
13. Do you operate with a budget based on percentage targets (margin-based budgeting)?
14. Do you evaluate large purchases against projected margin impact before committing?
15. Do you feel confident making decisions based on your current financial reports?