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Understanding Your Business Finances - Part 1

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Exit Survey
 
 
1. Hello Anzisha Fellow

Thank you for your participation thus far. Your answers are helping us build a clearer picture of you and your business.

In this assessment you will be asked to answer questions about your business finances. There are 2 such questionnaires on your business finances, each focusing on different aspects of your finances.

This questionnaire will take approximately 30 minutes to complete.

Please complete it in as much detail as you can. The more information you give to us, the more we get to know you and the easier it will be for us to assist you in achieving business success.

Thank you very much for your time . Please start with the questionnaire now by clicking on the Continue button below.
 
 
 
 
2. When does your business' financial year start and end? 
 
 
 
* 3. Which Accounting and Bookkeeping system is used by your business?
 
Manual - Transactions are recorded on paper, in a book or a journal
 
Computerized - Transactions are recorded on a computer programme
 
A combination of Manual and Computerized
 
 
 
* 4. If you are using a Computerized Accounting and Bookkeeping system, what is the name of the software you are using? How proficient are you in its use?
   
 
 
 
5. Do you have a bank account for your business?
 
Yes
 
No
 
 
 
6. What Assets does you business have? 
 
Computer Equipment
 
Office Furniture
 
Delivery Vehicle
 
Equipment - Needed for the production of your products/services
 
Cash
 
Other
 

 
 
 
7. What is the total value of all your assets? 
 
$0
 
$0 - $500
 
$500 - $1 000
 
$1 000 - $2 000
 
$2 000 - $3 000
 
$3 000 - $4 000
 
$4 000 - $5 000
 
$5000+
 
 
 
8. What is the total amount that you owe? (What you owe your suppliers, employee and other business related debts?)
 
$0
 
$0 - $500
 
$500 - $1 000
 
$1 000 - $2 000
 
$2 000 - $3 000
 
$3 000 - $4 000
 
$4 000 - $5 000
 
$5000+
 
 
 
9. What were your total sales in the last financial year? (Choose 2 options: One for your Cash sales and one for your Credit sales) 
 
Cash: $0
 
Cash: $0 - $500
 
Cash:$500 - $1 000
 
Cash:$1 000 - $2 000
 
Cash:$2 000 - $3 000
 
Cash:$3 000 - $4 000
 
Cash:$4 000 - $5 000
 
Cash:$5000+
 
 
Credit: $0
 
Credit: $0 - $500
 
Credit: $500 - $1 000
 
Credit: $1 000 - $2 000
 
Credit: $2 000 - $3 000
 
Credit: $3 000 - $4 000
 
Credit: $4000 - $5 000
 
Credit: $5 000+

 
 
 
10. Please allocate 100 points on what you spend on the following expenses:
Salaries and Wages
Rent (Office and/or Production area)
Telephone and Internet
Electricity
Giving Discounts
Advertising
Bank Charges
Accounting and Bookkeeping Services
Legal Fees
Loan Repayments
Travelling Expenses
Other
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