Hit enter to search or ESC to close
0
Speakers
Programs
Testimonials
Accolades
Organizations
Follow the Recession
Wanted!
Contact Us
Shop
0
was successfully added to your cart.
Cart
Step 1 of 34
2%
Buckle-Up! It takes just 5-10 minutes to benchmark your company’s recession readiness! Once you finish, you’ll receive an email with your results! Contact us at Jonathan@Recession.com
Instructions: On the following questions, click the Green Flag if your company is a YES, click the Yellow Flag if your company is a MAYBE, click the Red Flag if your company is a NO, and click the White Flag if you dont understand the question
Name
*
First
Last
What company are you with?
What's your email address?
*
How did you hear about us?
1. Does your company have a written action plan for the next recession or major shock to your company’s system (i.e., losing your biggest customer)?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
2. Does your company’s leadership team understand and track basic economic indicators (for example, the yield curve and the unemployment rate)?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
3. Are your company’s vision, mission, and values documented in writing and exemplified daily through behaviors at all levels of the company?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
4. Does your company have a written, long-term, focused strategic plan and do you spend at least one day each quarter updating it?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
5. Does your company’s leadership team understand the financial health of its major customers and vendors?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
6. Is your company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin “best in class” for your industry?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
7. Does your company have five to ten percent of its next twelve months of estimated revenue as equity on your balance sheet?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
8. Does your company’s leadership team regularly meet with its bank representatives to discuss the company’s line of credit to ensure the limit is right for current and future business needs?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
9. Does your company’s leadership team know all restrictions in place on any company debt and do they review these “covenants” monthly to ensure compliance?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
9. Does your company’s leadership team know all restrictions in place on any company debt and do they review these “covenants” monthly to ensure compliance?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
9. Does your company’s leadership team know all restrictions in place on any company debt and do they review these “covenants” monthly to ensure compliance?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
10. Do your company’s owners regularly review any personal guarantees on company debt and are they actively working to reduce them to zero?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
11. Does your company have cash or debt available to fund growth?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
12. Does your company have a board of advisors that meets at least quarterly with the leadership team to help set plans for growth, ask challenging questions, and hold the team accountable for its action plans?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
13. Do you have an excellent company culture, hire only awesome people, and immediately exit people who are not awesome or who don’t fit your culture?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
14. Does your company have a continuous improvement process in place and do you regularly measure progress against established goals?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
15. Does your company’s leadership team have an accurate method of tracking its backlog, its current work in progress, and its pipeline of potential new work?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
16. Does your company have a method to track the productivity of each employee?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
17. Does your company’s leadership team compare actual financial results achieved against intended results at the completion of each project or quarter (whichever is most appropriate for your business)?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
18. Is your company’s customer base diversified?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
19. Is your company’s revenue diversified? Do you serve some market sectors that are counter-cyclical or unaffected by recessions?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
20. Does your company’s leadership team have a way to measure for early warning signs that your business is headed in the wrong direction?
*
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
21. How did your business perform during the last recession (2008-2010)? Skip this question if your business didn’t exist during 2008-2010...
(Green = YES!, Yellow=MAYBE/SOME, Red=NO!, White=If you don't understand)
What is the approximate revenue of your company?
$0 - $5M
$5- $10M
$10 - $25M
$25 - $50M
$50 - $100M
$100M+
Are you the owner of the company?
Yes
No
Do you think the next recession (two consecutive quarterly declines in growth, as reflected by Gross Domestic Product) will occur in...
2019
2020
2021
2022
Beyond 2022
Do you believe the next recesssion will increase, decrease, or have no effect on your profit?
Increase
Decrease
No effect
What's the one personal luxury you'll keep buying during the next recession?
Alcohol
Eating at reasturants
Vacation/ travel
Personal beauty
Technology
Other
Total
Email
This field is for validation purposes and should be left unchanged.
Speakers
Programs
Testimonials
Accolades
Organizations
Follow the Recession
Wanted!
Contact Us
Shop