Business Assessment

  • The Millennia Business IQ Test

    Before You Start

    Welcome to your Business IQ Test. Congratulations on taking some time to invest in yourself and your business. I assure you, it will be time well invested.

    Just before you start, please ensure you answer the questions honestly.

    There is nothing to be gained from completing this with answers that will provide you an inaccurate reflection of where you are at, because that will provide you no opportunity for growth, learning or improvement.

    As Confucius once said… ‘Real knowledge is to know the extent of one's ignorance’.

    Start the Test

  • 1 of 25

    Which of the following best describes your business?

  • 2 of 25

    Which of the following service experiences best describes your business?

  • 3 of 25

    Which of the following best describes your average day?

  • 4 of 25

    Which of the following best describes your business? Please think about and consider before selecting.

  • 5 of 25

    Is customer satisfaction important to you (and your business) and what percentage of your customers are satisfied customers?

  • 6 of 25

    Which of the following best describes your business?

  • 7 of 25

    How do your customers define quality in your business?

  • 8 of 25

    When an issue arises in your business, what is generally the underlying cause of the problem?

  • 9 of 25

    As a business owner, what makes you an effective leader?

  • 10 of 25

    When I am interrupted by a team member or someone enters my space with a question or issue my immediate response is generally to?

  • 11 of 25

    How do you best define communication?

  • 12 of 25

    At its core, what is the sole purpose of a business?

  • 13 of 25

    When a potential buyer looks at a business, what is most important to them?

  • 14 of 25

    What description best describes your knowledge of recurring revenue in a business?

  • 15 of 25

    How many systems does your business have?

  • 16 of 25

    What is the essential measure of a business system?

  • 17 of 25

    If you were to analyse the hours you spend in your business, what percentage of your day is dedicated to activities that directly generate income?

  • 18 of 25

    If you were to be kidnapped for 3 months and held hostage in a Bali health retreat where you had no contact, what would your business look like when you returned?

  • 19 of 25

    If you were to spend $10,000 per month on advertising (across a variety of mediums), and you got $100,000 in sales per month, is your advertising well spent?

  • 20 of 25

    Which of the following best describes you?

  • 21 of 25

    What 2 factors when present leave you stuck in the business condition known as the Price Point Pitfall

  • 22 of 25

    Which of the following attributes make a business more valuable looking at it through the eyes of a potential buyer?

  • 23 of 25

    Is experience an important component of success in business?

  • 24 of 25

    How would you best describe your business life journey so far?

  • 25 of 25

    Which of the following best describes you?

  • Now for your results...

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