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Free online health checks for small business

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With 150,000 businesses closing down every year, issues such as financial management can be one of the biggest threats to the success of a small business.

A new tool from Business Link aims to help owner-managers run a quick and easy business health check and identify those key problem areas early on.

The Business health check tool, which was developed in association with the Institute of Chartered Accountants in England and Wales (ICAEW) and the British Bankers Association (BBA), asks the user a series of detailed questions on issues that impact a business’ cash flow - from employee costs and supply management to business administration and sales projections.

Results are fed back with a status report on the business’ overall operational health, outlining potential risks, areas for improvement and useful links for further advice.

To use this tool, visit the Business Link Healthcheck section.

Posted June 30, 2006
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