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Exit Readiness Assessment

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Exit Readiness Assessment

Assessment Form

Step 1 of 17

5%

1. Please describe your business venture that this assessment will evaluate(Required)

Give as much detail as you need to properly explain your concept. Use no more than five sentences.

2. I am excited about my business and get energy by the things I do each day in my business.(Required)

Never

Rarely

Sometimes

Most of the time

All of the time

3. My business colleagues, friends, and family members comment on how happy I am when discussing business.(Required)

Never

Rarely

Sometimes

Most of the time

All of the time

4. If my business were to fail this is how I would feel:(Required)

Happy and relieved

Sad, but ok in a few weeks

Completely depressed, but I’ll eventually get over it

Emotionally devastated to the point of needing professional help

My business will not fail with me at the helm

5. Where I live permits me the opportunity to do business easily.(Required)

No, I have to travel to do business

Not really, but I make it work

Location isn’t really important for my business

Yes, but other locations would make it easier

Absolutely. I’m at the center of commerce for my business

6. In any given workweek, I will spend this percentage of my working hours working directly on my business (i.e., business projects, sales, administration, meetings hosted by your company, etc.)(Required)

Most of my working hours are spent directly on my business with very little outside meetings, events, seminars, etc. that are not directly related to my core business.

Every once in a while I will attend an outside event that is not directly related to my business.

About 50% of my working hours are spent directly on my business; the other half, I’m meeting with strategic partners, networking, attending seminars, etc

I spend less than 50% of my time working directly on my business. The other time I spend at networking events, seminars, meeting colleagues in other businesses, etc

7. How often do I attend workshops, retreats, seminars, etc. that are related to my industry but are not hosted by my business?(Required)

Never

Rarely

Sometimes

Once per quarter on average

Once a month or more

8. When was the last time I made a new friend outside of my business?(Required)

This doesn't have to mean someone you hang out with all of the time, but it is someone you now consider a friend whom you did not know before. You have exchanged contact information and know who one another is. You are not strangers and you are friendly and helpful to one another regardless of the business he or she is in.

Never

Over a year ago

Within the past year

Within the past month or two

I make new friends all the time

9. The people I work with generally make me feel this way:(Required)

Exhausted

Angry

Indifferent

Happy

Excited to get to work each day

10. I can name at least two other people in my industry that I look up to and admire and learn from. These people can be vendors, customers, competitors, etc.(Required)

No

I can name 1

Yes

I can name more than 2

11. My colleagues would rank me _______ on a scale of 1 to 10 (1 is completely novice and 10 is the preeminent expert in my industry).(Required)

1

2

3

4

5

6

7

8

9

10

12. I have taken specific classes or certification programs that relate to my core business. (this assessment doesn’t count) 😉(Required)

No, I have not.

I have taken 1-2 classes

I have taken 3-5 classes

I am certified in some aspect of my business

I am currently enrolled in a class to help me execute at a higher level in my business

13. The following describes my level of general business acumen (not specific to your industry or business):(Required)

Complete novice

I understand basic terms

I could have a conversation with a business expert about business, but I would not understand some of the concepts

I am very proficient in business, but I’m not an expert

14. I know the exact amount of financial resources that are required for me to operate my business over the next 12 months.(Required)

Haven’t the slightest clue

I have an idea, but I’m not certain

I have a rough idea based on my calculations

I am certain of how much I’ll need, but I’d like someone to double check me

I am not only certain, I have access to the resources right now

15. Whether or not I know the exact amount of financial resources I will need over the next 12 months, I know where to go get the resources when I need them.(Required)

Honestly I don't know where I will get the money to launch this business or support it over the next 12 months.

I would probably just go to a bank and ask about borrowing the money

I have a family member or friend who has expressed interest in investing in my business.

I have a written pitch deck on the investment I need to launch or support my business for the next 12 months.

I currently have the resources or I have a verified, accredited investor who has the funds in escrow to help me launch or support my business for the next 12 months

16. I have a bookkeeper or accountant to handle my books.(Required)

No, I have not even thought about this.

No, but I’ve thought about it.

I know someone who can do this for me and I have their contact info.

I have already talked to someone about doing my books.

I have a contract with a bookkeeper who currently handles my books

Full Name(Required)

First

Email(Required)

Phone (not required)

contact

The Real Jason Duncan
Post Office Box 152
Cottontown, TN 37048
Nashville Area

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