Business Downturn Readiness Assessment Form
Assess how prepared your business is for challenging economic conditions. Please answer each question honestly to receive an accurate evaluation.
How comprehensive is your business's contingency plan for economic downturns?
*
No plan
1
2
3
4
Extremely comprehensive
5
1 is No plan, 5 is Extremely comprehensive
How many months of operating expenses does your business have in cash reserves?
*
Less than 1 month
1-3 months
4-6 months
More than 6 months
How diversified are your business's revenue streams?
*
Single source
1
2
3
4
Highly diversified
5
1 is Single source, 5 is Highly diversified
How regularly does your business review and adjust expenses?
*
Rarely
Annually
Quarterly
Monthly
Rate your leadership team's ability to communicate transparently during uncertainty.
*
1
2
3
4
5
How often does your business conduct scenario planning for adverse market conditions?
*
Never
Occasionally
Once a year
Multiple times a year
How resilient is your supply chain to disruptions?
*
Very vulnerable
1
2
3
4
Highly resilient
5
1 is Very vulnerable, 5 is Highly resilient
To what extent has your business adopted technology to improve efficiency and flexibility?
*
Not at all
1
2
3
4
Fully adopted
5
1 is Not at all, 5 is Fully adopted
How easily can your teams adapt to new roles or responsibilities if needed?
*
Not adaptable
1
2
3
4
Extremely adaptable
5
1 is Not adaptable, 5 is Extremely adaptable
How confident are you in your business's ability to withstand a significant downturn?
*
1
2
3
4
5
Submit Assessment
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