"I have worked with Bob King in several different capacities over the last seven years and highly recommend him. Bob is a brilliant analyst who brings a practical approach to personal and corporate problem solving. He is thoughtful, listens well and works in a cooperative way with wisdom and utmost integrity. He is very highly regarded by his peers." David R. Goodnight, Principal,
Stoel, Rives, LLP





contact us:
phone: 425-985-2019
or e-mail: Bob.King@COOServices.com
Facebook Twitter LinkedIn

Financial stress test

 
Disagree Agree

Leadership receives timely and accurate financial data. (P&L, Balance Sheet and Cash Flow)

1 2 3 4 5
           
Our lender(s) understand our business and we share openly with them on a regular basis. 1 2 3 4 5
           
We have an adequate cash ‘shock absorber’ to weather a downturn of 6 months or more. 1 2 3 4 5
           

We understand our margins and get regular reporting of margins by product.

1 2 3 4 5
           

We know our inventory is productive. (turns, slow moving, obsolete)

1 2 3 4 5
           
Our costs are under control. We rarely get surprised. 1 2 3 4 5
           
Our Receivables are solid and our reserves for doubtful accounts are adequate. 1 2 3 4 5
           

We have no customer more than 15% of total sales.

1 2 3 4 5
           
Our sales people are paid a percentage of Gross Profit. 1 2 3 4 5
           
Our sales team understands the importance of Gross Profit. 1 2 3 4 5
  Total Score:
Scoring Key
50-40 = Calm………low stress.
39-30 = Reasonably calm……occasional worries.
29-20 = Anxiety……regular panic attacks.
19-10 = Panic and chaos……seems like you’re always up against the wall.
Proverbs 22:1     Choose a good reputation over riches, for being held in high esteem is better than having silver or gold. (NLT)
Succession Transition and Exit PlanningCertified Exit Planning Advisor© Copyright 2009-2013. COO Services, LLC. All rights reserved
Web design and development by WebProdigy