Score your company's risk from COVID

Involvement of teams in figuring out problems, looking for opportunities

Mission driven relationship with employees who are performing at or above standard

Company-wide attitude & behavior of nimble, innovative, forward thinking, learners

Employees and managers have clear lines of authority, use well documented processes

Affordable workforce sized to meet current needs, able to easily scale up as business grows

Committed owner working full time inside the business

All company shares held by people who work in the business

Management team in place who can run the business without the owner

No one has more than 8 direct reports

Owner and managers know how to delegate and follow up

Long term plan with clear, measurable, realistic goals, everyone committed to delivering on those goals

KPIs set up for every part of the business, aligned with company's goals

Dashboards in place to report on and analyze company performance

Bookkeeping department and accounting system provide accurate immediate information

Actively researching new businesses to get into that can be profitable within 1 year

Multiple streams of revenue

Able to generate 1.5 x the number of prospects needed to meet monthly sales goals

Majority of clients return for multiple years, to purchase products or services

Strong relationships and open lines of communication with existing & past customers

Majority of customers are rated as likely to survive COVID pandemic

Able to easily do business and communicate over the internet

Strong ecommerce platform, capable of growing to 50% of total sales

Able to measure customer experience, rated as 85% positive or higher

Fully staffed marketing and sales departments, meeting 100% of goals for company-wide growth and profits

History of successfully innovating new products and services for existing and new customers

6 - 12 months of reserves in place, adding to reserves every month until 12 month threshold is met

Available lines of credit secured with accounts receivable balances

Strong controls over spending

Accounts receivable under 30 days, risky clients on credit card or ACH payment

Monthly cash flow exceeds 1.5 x necessary to pay all expenses including monthly debt reduction