Numberswise Survey

How strong is your MSP business from an administrative standpoint?

Scoring System:

a)’s = 10 points
b)’s = 5 points
c)’s = 2 points
d)’s = 0 points

As an IT business owner, I am:

A) Completely satisfied with my company’s financial situation

B) Somewhat satisfied with my company’s financial situation

C) Very concerned with my company’s financial situation

D) I do not have a good handle on my company’s financial situation, I need help ASAP

Regarding bookkeeping, I am:

A) Very satisfied with my current bookkeeping, reports are done on time, all numbers are accounted for, all financial reporting makes sense to me

B) Somewhat satisfied with my current bookkeeping, although reports are not always prepared on time and I’m not entirely sure what I’m looking at

C) Dissatisfied with my current bookkeeping, reports are behind, the numbers don’t make sense, I’m not confident everything is accurate

D) I’m upside down with my bookkeeping, I need help ASAP

Regarding accounts payables and receivables, I am:

A) Completely up to date with all payables and receivables, everything is nicely balanced

B) Somewhat up to date, but balancing the payables and receivables is very tricky

C) Way behind, I’m struggling to juggle both aspects

D) I do not have a good handle on my payables and receivables, I need help ASAP

Regarding cash flow, I am:

A) In very good shape, I have no concerns

B) In decent shape, but I really need to keep an eye on things at all times

C) In rough shape, it’s a constant struggle to keep everything balanced

D) I really don’t know, I need help ASAP

Regarding invoicing, I am:

A) Very satisfied with my invoicing process, it’s fast and efficient and accurate

B) Somewhat satisfied with my invoicing process, but it takes a while and I spend time cleaning up some mistakes

C) Dissatisfied with my invoicing process, it takes too much of my time and invoices are rarely accurate

D) Terrified of my invoicing process, I need help ASAP

Regarding payroll, I am:

A) Very comfortable with my payroll process, it’s smooth, efficient, and everyone gets paid on time all the time

B) Somewhat comfortable with my payroll process, it takes a while to process each time, and for the most part, people get paid properly

C) Not comfortable with my payroll process, it takes too long, it’s not very organized, mistakes are often made and my staff is not confident they’re getting paid properly

D) Very concerned with my payroll process, it’s stressful and I need help ASAP

50+ points---You’re in great shape—congratulations!
30-50 points---You’re doing OK, focus on the trouble areas and you should see improvement
10-30 points---You’re playing with fire, please contact NumbersWise, we’re confident we can get you back on track in short order!
10 points or below—Drop what you’re doing, contact NumbersWise immediately, we have a lot of work to do, but we promise we’ll turn this ship around!