Business Health Diagnostic — MCG Advisory

MCG Advisory Services — Strategy Tools

Business Health Diagnostic

A structured 15-question assessment across five pillars — finance, governance, operations, market position, and people. Understand where your business is strong, where the risks lie, and what to address first.

Instructions

Answer honestly — this tool is most useful when it reflects reality rather than aspiration. There are no wrong answers, only clearer pictures.

0 of 15 answered
Finance

Do you produce and review monthly management accounts?

P&L, balance sheet, and cash flow — not just a bank balance

Is your cash flow forecast updated at least monthly?

A 3–12 month rolling cash flow forecast — not just current month

Do you have at least 2 months of operating expenses held as cash reserves?

Protects against unexpected revenue shortfalls or large expenses

Governance

Are your statutory records current — CIPC, tax clearance, and annual returns?

Do you have a signed shareholder agreement or partnership agreement in place?

Essential for multi-owner businesses — governs disputes, exits, and decision rights

Are key business decisions documented — even informally via email or written resolution?

Operations

Are your core business processes documented and not solely in people's heads?

SOPs, checklists, or workflow guides for key functions

Can the business run effectively for two weeks without you being present?

A practical test of operational independence from the owner

Do you use accounting or ERP software that your team operates consistently?

Market position

Is your revenue spread across multiple customers — no single customer above 30%?

Revenue concentration is one of the most common business risks

Can you clearly articulate why customers choose you over competitors in one sentence?

A clear value proposition drives pricing power and customer retention

Do you have a structured sales or business development process — not just referrals?

People

Do all employees have signed contracts with clear roles, responsibilities, and KPIs?

Is your team structure adequate for your current growth stage and workload?

Not overloaded, not under-resourced

Do you have a plan for retaining key staff — beyond salary alone?

Includes growth opportunities, culture, recognition, and succession planning

health score

Strongest pillar

Priority focus

Items confirmed

Items to address

Health score by pillar

Business health radar

Business health radar chart

Business maturity level

Pillar recommendations — prioritised by impact

This diagnostic is based on your self-reported answers and provides a directional health assessment. A strategy session with MCG Advisory examines your actual business context — competitive environment, financial trajectory, team capability, and growth ambition — producing a prioritised 90-day action plan tailored to your specific situation.

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