Surveys
2015
February
U
Understanding Your Business Finances - Part 2

Understanding Your Business Finances - Part 2

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. This is the 2nd questionnaire on your business finances.

This questionnaire will take approximately 30 minutes to complete.

Please completeit 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.

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* 2. Do you have any plans/systems in place to prevent fraud and theft in your business?

Yes

3. If you do have plans to prevent theft and fraud, please detail the plans you have:

4. Are there adequate segregation of duties and isolation of responsibilities in your business?

Yes - Different people handle different elements of the same process to ensure that everyone is accountable.

No - The same person does everything

5. Who authorizes financial transactions in your business?

Me - I am the only shareholder of the business

Me - It is part of my responsibilities although there are other partners

My partner - It is his responsibility

My partner(s) and I - It is all our responsibilities as shareholders to ensure transparency

Other

6. Where does the money in your business mainly come from?

Cash Sales

Payments from Debtors (Customers who owed you money)

Loans

Grants

Investors (From selling shares in your business)

Other

7. Where does the money in your business most go?

Paying Expenses

Buying Equipment and Machinery

Other

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