Financial Stability

1. What's your current monthly cash position? Burning more cash than we generate Breaking even month-to-month Generating modest positive cash flow Strong cash reserves growing monthly

2. How many months of operating runway do you have at current burn rate? Less than 3 months 3-6 months 6-12 months 12+ months

3. What's your cash conversion cycle? (Time from spending cash on inputs to collecting cash from customers) Don't know / Haven't measured it More than 90 days 60-90 days 30-60 days Under 30 days

4. Are you currently servicing debt that constrains operations? Yes, debt payments significantly limit operational flexibility Yes, but manageable No significant debt

Operational Structure

5. How many direct reports do you have? More than 10 7-10 4-6 1-3

6. How often do critical decisions get bottlenecked waiting for you? Daily - I'm the bottleneck on most decisions Weekly - Several times per week Occasionally - A few times per month Rarely - Team operates independently

7. Do you have documented, repeatable processes for your top 3 revenue-generating activities? No documented processes Processes exist but aren't followed consistently Processes documented and mostly followed Processes documented, followed, and regularly improved

8. How would you describe communication between departments? Siloed - departments rarely coordinate Reactive - coordinate only when problems arise Functional - regular coordination happens Proactive - seamless cross-functional collaboration

Growth & Strategic Clarity

9. What's your current annual revenue? Under $1M $1-3M $3-10M $10-30M Over $30M

10. What's your revenue growth rate over the past 12 months? Declining more than 20% Declining 10-20% Flat or growing 0-10% Growing 10-30% Growing over 30%

11. What's preventing you from scaling right now? (Select all that apply)

Cash flow constraints Can't find/retain talent No documented systems/processes Unclear market positioning Founder/owner is the bottleneck

12. Do you have a clear strategic plan for the next 12-24 months? No plan beyond keeping the lights on Rough ideas but nothing documented Plan exists but not actively managed Clear plan with regular review and adjustment

Leadership & Execution

13. How much of your time is spent ON the business (strategy, planning) vs. IN the business (daily operations)? 90%+ in daily operations 70-90% in daily operations 50-70% in daily operations Under 50% in daily operations

14. Does your leadership team operate with clear accountability and ownership? No real leadership team - just me Team exists but no clear accountability Some accountability but inconsistent Clear ownership and consistent execution

15. When was the last time you had a major operational failure or crisis? Currently in crisis mode Within the past month Within the past quarter Within the past year Over a year ago

Transition & Urgency

16. Are you preparing for a business transition in the next 2-3 years? Yes - sale/exit planned Yes - succession to family/employees Maybe - exploring options No - plan to run indefinitely

17. If you don't solve these problems in the next 6 months, what happens? Business likely fails Significant financial loss Miss major growth opportunity Continue struggling but survive Minor impact

Budget & Authority

18. What's your budget range for outside executive leadership help? Under $50K annually $50-100K annually $100-200K annually Over $200K annually Not sure yet

19. Are you the final decision-maker on bringing in fractional executive support? Yes, I decide No, need board/partner approval No, I'm gathering information for someone else

Turnaround Readiness Assessment

Your Information

Financial Stability

Operational Structure

Growth & Strategic Clarity

Leadership & Execution

Transition & Urgency

Budget & Authority

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Your Top 3 Urgent Areas

What This Means

Immediate Next Steps: