Step 1 of 5 – Legal20%Legal Are your company’s contracts assignable?* Yes No Do you have a signed contract with every customer?* Yes No Is everyone you’re giving a 1099 legally eligible to be an exempt employee?* Yes No Are your business and personal assets legally protected?* Yes No Is your legal structure correct?* Yes No Structure Do you know what legal entity your business is and why that one was chosen?* Yes No Do you know what state was your business set up in and why it set up in that state?* Yes No Do you have by-laws or an operating agreement?* Yes No Do you have minutes of yearly Shareholder or Member meetings?* Yes No Do you have a business succession plan or buy/sell agreement?* Yes No Tax / Accounting Do you know how your business is taxed and why that tax status was selected?* Yes No Are your business taxes current?* Yes No Are you paying quarterly estimated taxes?* Yes No Are your bank statements and credit cards reconciled monthly?* Yes No Do you know if your general ledger matches your bank statements?* Yes No Finance / Cash Do you have a written budget for the next 12 months?* Yes No Do you have a written process to collect your AR within your contract terms?* Yes No Do you get and review monthly financial reports including your income statement, balance sheet, statement of cash, and AR report?* Yes No Do you know your total recurring monthly expenses, including labor?* Yes No Do you have enough cash in your business to cover 3 months of all recurring expenses?* Yes No Name First Last Email* CommentsThis field is for validation purposes and should be left unchanged.