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Business Link launches free online business health checks
Date published: 13/07/2006
With 150,000 businesses closing down every year, issues such as financial management can be one of the biggest threats to the success of a small business. Owner-managers can avoid this with a new free tool from Business Link, helping them run a quick and easy business health check to identify key problem areas early on.
The interactive tool helps analyse key areas of business finance and administration with the aim of avoiding failure where at all possible. It can help work out whether a business could be in trouble, and shows how external business advisers can provide help and expertise.
If any problems are identified and tackled early, the chances of a business surviving and being a success increase markedly.
The online tool can only highlight where a business could encounter difficulties. Its conclusion should be used as an indicator only and should be discussed with professional business advisers.
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