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bizgrowth toolkit
F-01 · FAvailable now

Finance Self-Audit

A structured review of the financial capabilities a growing business depends on: margin visibility, cash forecasting, reserves and control.

Working assessment · F-01

Assess your financial management practices

Rate twelve practices across six financial disciplines. Your answers create a prioritised, printable implementation plan. No accounts, financial uploads or stored answers are required. Set aside around 10 minutes.

Answers and reports remain in this browser tab. They are not sent to a server. Print or save the report before closing the page.

Questionnaire progress

0 of 12 answered

How to respond

Select one answer per statement. Score what your business actually does, not what it intends to do. If you do not know whether a practice exists, select 1. All questions have equal weight.

1Not in place / not known

2Informal or rarely done

3Partly established

4Regularly done and reliable

5Documented, reviewed and tested

Area 1 of 6

Cash flow & forecasting

We maintain a rolling 13-week cash flow forecast and update it at least weekly.

01.We maintain a rolling 13-week cash flow forecast and update it at least weekly.

Not establishedDocumented and tested
We test how late customer payments or unexpected costs would affect our cash balance.

02.We test how late customer payments or unexpected costs would affect our cash balance.

Not establishedDocumented and tested

Area 2 of 6

Profitability & breakeven

We know the gross profit and contribution margins of our main products, services or contracts.

03.We know the gross profit and contribution margins of our main products, services or contracts.

Not establishedDocumented and tested
We know the sales or contribution level needed to cover our recurring fixed costs.

04.We know the sales or contribution level needed to cover our recurring fixed costs.

Not establishedDocumented and tested

Area 3 of 6

Working capital

We quantify the extra cash tied up in debtors, stock or work in progress when sales increase.

05.We quantify the extra cash tied up in debtors, stock or work in progress when sales increase.

Not establishedDocumented and tested
We invoice promptly, review aged debtors and follow up overdue balances systematically.

06.We invoice promptly, review aged debtors and follow up overdue balances systematically.

Not establishedDocumented and tested

Area 4 of 6

Financial controls

We receive accurate monthly management accounts promptly and review them with management.

07.We receive accurate monthly management accounts promptly and review them with management.

Not establishedDocumented and tested
We regularly compare actual results with budgets or forecasts and investigate material variances.

08.We regularly compare actual results with budgets or forecasts and investigate material variances.

Not establishedDocumented and tested

Area 5 of 6

Growth affordability

Before committing to growth, we prepare a written plan for costs, funding and cash timing.

09.Before committing to growth, we prepare a written plan for costs, funding and cash timing.

Not establishedDocumented and tested
We distinguish capital investment from operating expenses and assess the payback or commercial case.

10.We distinguish capital investment from operating expenses and assess the payback or commercial case.

Not establishedDocumented and tested

Area 6 of 6

Resilience & funding

We have defined minimum liquidity headroom and know what unrestricted cash or committed facilities are available.

11.We have defined minimum liquidity headroom and know what unrestricted cash or committed facilities are available.

Not establishedDocumented and tested
We have a documented response to a major customer loss, funding withdrawal or unexpected cash shortage.

12.We have a documented response to a major customer loss, funding withdrawal or unexpected cash shortage.

Not establishedDocumented and tested