NCFC Business Consulting Services

General Business Questionnaire

This survey is intended to help you assess your current situation and determine if our services would benefit you.

Instructions:  Choose the selection to the right of each question that best describes how satisfied you are according the following:

Not Satisfied
Somewhat Not Satisfied
Neutral
Somewhat Satisfied
Very Satisfied

If you have any questions regarding this form, please contact Rod Carter at 530-894-6123 or  rod.carter@norcalfc.com.

Agriculture Business Check-Up
Required Field = *
*First Name:                                                              *Last Name:
    
 
Business Name:                                                           *Email Address:
    
 
  Phone:
  
Ownership and Organizational Structure Rating
1. The owners of the business have received legal and tax advice regarding the most appropriate way to hold title to business assets.       
2. The owners of the business have established title to business assets as advised by counsel.       
3. The owners of the business have taken the necessary steps to protect personal assets from business liability and business assets from personal liability.       
4. The owners have an appropriate and adequate “Buy-Sell” agreement, regarding their interests in the business.

       
Governance and Decision Making  
1. The owners of the business govern their entity according to operating agreements, bylaws, etc.       
2. The owners of the business have developed a clear written “mission statement” for the business.       
3. The owners have developed a “strategic plan” for the business (typically developed or updated for two – five year intervals).       
4. The owners of the business have developed a “business plan” for the operations of the business (typically developed, or updated, annually).       
5. The owners of the business have developed a “budget” for the operations of the business (typically developed, or updated, annually).       
6. The owners of the business employ ethical and professional practices in all aspects of the operations of the business.       
Internal Management Controls  
1. Management has developed relevant and reliable internal systems to provide adequate oversight of day-to-day operations.       
2. Management balances inventories, on a regular schedule, with variance reports provided to business owners.       
3. Management assures the recordings of financial or economic transactions for accounts of the business are controlled by those with delegated authority and with appropriate review and oversight (levels of authority specified, multiple signatures required, etc).       
4. Management exercises adequate controls to ensure that management decisions are implemented timely and effectively by those with delegated authority, and with appropriate review and oversight.       
Risk Management Controls  
     Human Resources:   
1. Management conducts reviews or has an ongoing reporting system for compensation programs to ensure that they are operated in a fair and equitable manner and according to statutes.       
2. Management provides employees with conflict of interest and ethics training, regularly as needed.       
3. Management ensures that employees have an adequate method to register complaints regarding human resources matters.       
     Operational And Financial Management:   
1. Management has an adequate system for recording and tracking commitments, obligations and expenditures.       
2. Management uses an operating budget to monitor revenue and expenditures by cost center (enterprise) and project.       
3. Management links the operating budget with accounting data to produce timely budget-to-actual financial management reports to owners and those with profit responsibility.       
4. Management adjusts expenditures appropriately to reflect budgets as well as actual operating results.       
5. Management periodically balances property records (equipment, inventories, etc.) to the general ledger and balance sheet.       
6. Management has reliable data for tracking, auditing, and forecasting.       
7. Management prepares periodic reports on the status and condition of property and equipment.       
Additional Comments (optional):

If these services would be of value to you, please give us a call, and we will be happy to discuss your needs in more detail. Thank you for your consideration.

Services Quick Links


Part of the Farm Credit System