Legacy Audit

Please rate each statement based on how true it is for your experience. If the statement is 100% true, mark 5 stars. If the statement is 100% false, mark 1 star. All other questions please fill in the blank with your response.

Your Name:

What is your best phone number?

What is your best email?

What is your total number of employees?

 
 
 
 

What will your total sales be in new contracts this year?

Everyone on our management team understands the difference between mark-up and margin.

Everyone on our management team knows the total number of Construction Agreements signed this year and the total dollar volume it represents and a report can be produced in less than 10 minutes.

We can produce an accurate and up-to-date report in less than 10 minutes of the total number of projects that we are bidding on, or have entered into a Design Agreement, Plans Agreement, or sent a Construction Agreement that is pending approval, and their total potential dollar volume.

Everyone on our management team knows what our total monthly and annual overhead costs are and a report can be produced in less than 10 minutes that will list each overhead category and the monthly and annual total.

We can produce a report in less than 5 minutes of the total number of projects that were either completed or will be completed this year that lists: i. Name of Owner ii. Amount of Contract iii. Start Date iv. Estimated or Actual Completion Date

We have an up-to-date valuation of the business and every owner/partner understands the current value of their shares in the company.

We have an approved buyout or succession plan in place and each owner/partner knows and understands all of the terms.

Every owner/partner receives an annual salary that covers the true market value of what it would cost to replace them with a non-owner employee(s) who would perform all of the tasks that they do.

Every owner/partner knows what the projected gross profit margin % is for each project.

Every owner/partner knows what the total revenues, number of projects, and net profit % was for the prior year and what the projected total revenues, number of projects, and net profit % is for current year.

Every owner/partner knows what the projected total revenues, number of projects, and net profit % is projected for the next year.

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