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Personal Strengths and Weaknesses Worksheet

ABOUT THIS DOCUMENT

This chart will help you identify your strengths and weaknesses and will give you a better idea if you’re ready to become a small business owner. Carefully examine each of the skills areas listed in the chart. Ask yourself whether you possess some or all of the skills listed in the parentheses. Then rate your skills in each area by circling the appropriate number, using a scale of 1-5, with 1 as low, 2 as between low and medium, 3 as medium, 4 as between medium and high, and 5 as high.

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© Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States & Canada and by International treaties. IT IS

ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER

PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.









This worksheet will help individuals identify their strengths and weaknesses and will give

them a better idea if they are ready to start a business. The worksheet asks individuals

to rate their abilities to perform certain skills related to operating a business. The areas

of skills covered are sales, marketing, financial planning, accounting, administrative,

personnel management, business skills and intangibles. After completing the

worksheet, the individuals can total up the numbers to determine if they are ready to

start a new business. This document should be used by individuals who are planning

on starting a business.









© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 1

©



© Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States & Canada and by International treaties. IT IS C

ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER o

PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.

p

y

Personal Strengths and Weaknesses Worksheet r

i

Rating g

Skills h

low medium high

t

Sales

Pricing 1 2 3 4 5 E

n

Buying 1 2 3 4 5 v

Sales planning 1 2 3 4 5 i

Negotiating 1 2 3 4 5 s

Direct selling to buyers 1 2 3 4 5 i

Customer service follow-up 1 2 3 4 5 o

Managing other sales reps 1 2 3 4 5 n

Tracking competitors 1 2 3 4 5

C

Marketing o

r

Advertising/promotion/public relations 1 2 3 4 5 p

Annual marketing plans 1 2 3 4 5 o

Media planning and buying 1 2 3 4 5 r

Advertising copy writing 1 2 3 4 5 a

Marketing strategies 1 2 3 4 5 t

Distribution channel planning 1 2 3 4 5 i

o

Pricing 1 2 3 4 5 n

Packaging 1 2 3 4 5 .

Financial planning

2

Cash flow planning 1 2 3 4 5 0

Monthly financial 1 2 3 4 5 0

Bank relationships 1 2 3 4 5 2

Management of credit lines 1 2 3 4 5 .



Accounting A

l

Bookkeeping 1 2 3 4 5 l

Billing, payables, receivables 1 2 3 4 5

Monthly profit and loss statements/balance 1 2 3 4 5 r

sheets i

Quarterly/annual tax preparation 1 2 3 4 5 g

h

Administrative t

s

Scheduling 1 2 3 4 5

Payroll handling 1 2 3 4 5 r

Benefits administration 1 2 3 4 5 e

s

Personnel management e

Hiring employees 1 2 3 4 5 r

Firing employees 1 2 3 4 5 v

e

Motivating employees 1 2 3 4 5

d

General management skills 1 2 3 4 5 .



P

r

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