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Simple Money Study Questionnaire
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Q1 How well does you business adhere to a defined budget?
We don't use a budget
We have a budget but it is generally not followed
We use it some of the time: we consider the budget to be a guide only
We use it most of the time but there are occasions where the budget is exceeded
We always adhere to our budget
Q2 How important is it to get new business in the next 12 months?
I don't need any new customers
It’s not important
It’s quite important
It’s important and I work on it when I get the time
It’s critical to the ongoing growth of my business
Q3 How frequently do you prepare and use financial statements?
The accountant does them for me each year quite some time after my year-end
Every six months
Every three months
Every month
Every week
Q4 How well has your profit margin performed in the last 12 months?
I don’t know
It has decreased – competition has been growing
It has remained the same
It has improved
We’ve really focused on growing it and succeeded well
Q5 How do you set your prices?
I'm not involved with price setting
I estimate market value
I ensure I am cheaper than the competition
I charge what I reckon the market will stand
I base it on cost + percentage
Q6 How well do you understand your cash flow?
I don't monitor my cashflow
I never seem to have enough money to pay my bills
I forecast negative cash flow in the coming year
I forecast positive cashflow in the coming year
We are working on a number of key areas that will improve significantly our cash flow
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Business Name
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Position In Business
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Business Owner
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Email Address
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Telephone Number
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