Business Assessment Tool

Gain a better understanding of your business

This assessment tool was designed to help you gain a better understanding of your business. The questions focus on key factors to driving growth and success in your business, including accounting, employees, and technology.


*  =  required fields
Please answer each question honestly, using a scale of 1 to 5
We will follow-up with you with the results and summary of strengths and weaknesses.
1) How regularly are meetings held to set and review overall direction and goals? (1=no regular meetings, 5=meet regularly)
2) What is the organization’s current planning horizon? (1=day by day, 5=long-term)
3) What is the current growth trend for the organization? (1=slow/lack of growth, 5=growth is happening quickly)
4) What is the preferred growth trend for the organization? (1=maintain current state, 5=drive growth)
5) How are key decisions made? (1=Owner(s) and/or CEO makes all key decisions, 5=a collaborative approach is used)
6) Is there a succession plan in place for owners and key leaders? (1=no documented plan, 5= plan is documented and reviewed regularly)
7) How well are roles and responsibilities defined? (1=no clear definition, 5=everything is clearly defined)
8) How is the documentation for HR policies? (1=ad-hoc, 5=well-defined)
9) Do you have employee development programs? (1=no programs, 5=well established programs)
10) Do you offer competitive benefits and compensation to your employees? (1=no benefits, 5=full array of benefit options (such as retirement plan, insurance, flex spending, etc…))
11) To what extent does your employee base experience turn-over? (1=we are regularly losing and having to replace employees, 5=we rarely lose an employee)
12) How would you rate the ongoing quality of your current payroll system? (1=many issues, 5=no issues)
13) What is the current state of your technology infrastructure? (1=very old or limited technology infrastructure, 5=new or strong technology infrastructure)
14) How secure are your technology information systems? (1=limited security, 5=extensive security)
15) Are cash flows sufficient? (1=cash flow is very tight, 5=cash flow is not an issue)
16) How profitable is the organization? (1=close to closing the doors, 5=profits are strong and increasing regularly)
17) How often do you use reports and/or metrics to help gauge progress and guide the decision-making process? (1=rarely use reports/metrics, 5=use reports/metrics extensively)
18) How would you rate the ongoing quality of your current accounting system? (1=many issues, 5=no issues)
19) How much expertise (in-house or outside) is currently being utilized in the areas that support the core business processes (such as strategic leadership, accounting, human resources)? (1=little to none, 5=extensive)
20) Is your retirement plan achieving your personal and business objectives? (1=no it needs to be reworked, 5= all goals are being exceeded)
21) How do you rate the organizations use of technology in the business process? (1=limited mutli-purpose functionality and not reliable, 5 = fully integrated with excellent reporting)
22) How reliable is your technology (1= regularly experience computer down time, 5 = never experience computer down time)
23) How would you rate the competency of your IT support staff (1=inadequate, 5=top notch)
24) How happy are you with your current payroll provider? (in house/na 1=looking to replace them, 5=extraordinary)
25) How frequently do you receive penalty notices from IRS or state agencies? (1=frequently, 5 never)
26) How up to date and knowledgeable are your employees who process payroll? (outsourced/na 1=no specific payroll knowledge, 5=highly educated with payroll specific education)
27) How often do you get proactive tax advice from your tax accountant? (1=never, 5=consistently throughout the year)
28) Do you and your employees understand the cost of your retirement plan and are you getting the necessary training and support from your investment advisor and plan record keeper, if applicable? (1=never, 5=consistently throughout the year)
29) How confident are you in your ability to recover your systems and data in the event of a catastrophic systems failure? (1=not confident we could recover systems or data, 5=very confident we could recover all systems and data)



*First Name:
*Last Name:
Title:
*Company:
*Address:
*City:
*State:
*Zip Code:
*Phone Number:
*Email Address:


Thank you for your submission.

Please note: Wipfli LLP will never sell your email address or other personal information to vendors or share it with anyone outside Wipfli for any reason.