1. Is your access to land, labour, subcontractors and materials secure, sustainable and reliable?
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2. Do your revenue growth and job/projects profit margins meet or exceed industry benchmarks?
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3. Have you analysed the impact of changing customer habits, technology, government and industry regulations on your business?
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4. Are you colloborating with external parties to create niche markets or sources of new revenue?
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5. Do you leverage your business strengths to generate a steady stream / steady pipeline of projects? (e.g. reputation, quality of work, on-time completion)
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6. Are you using budgets and funding solutions to effectively manage cash flow?
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7. Have you identified your top 5 business risks and how to [reduce OR manage] them? (e.g. liquidity, job activity, licensing, key customer, work place health and safety etc.)
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8. Does your business culture maximise sales and motivate your staff to provide excellent customer service?
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9. Are you using accurate financial information to regularly monitor your jobs costs and profit margins?
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10. If a trigger event were to occur are your personal, family and business assets protected? (e.g. ill health, bankruptcy, relationship breakdown, death/TPD)
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