According to the Department of Trade and Industry, up to 12,000 business insolvencies are recorded every year. Only about 50% of small businesses are still trading three years after first being set up.
Test your business
Most business managers have a pretty good idea of how their company is doing.
However, wouldnít it be invaluable to a manager to be able to test every single aspect of his company and know very accurately which areas are stronger / weaker than others?
Such a test exists: developed in the US, it is called the Prosperity Test and is being used more and more in this country by professional business consultants.
Your companyís health on a graph
The result of the Prosperity Test is a picture of a companyís actual health in the form of a graph.
It shows how effective particular areas are compared to their potential, it compares the actual scene with what could be achieved (the ideal scene); it explains why certain areas are weak. And of course it also indicates which areas are strong and should not be changed.
In other words, the analysis not only shows the manager how his company is actually doing in comparison to its potential, but it also indicates what to do to improve the existing scene.
Free Test Online
The Prosperity Test can be taken free online at:
Business is a tricky business
According to the Department of Trade and Industry, up to 12,000 business insolvencies are recorded every year
