Profit Leak Finder Quiz

Take this short quiz to find out where the profit leak is in your business!

Q1: How do you determine your pricing? *

I use a strategic pricing model based on market research, value, and profitability.

I check competitor pricing but don’t analyze my profit margins regularly.

I base pricing on gut feeling or what I think clients will pay.

Q2: Do you track profit margins per product/service? *

Yes, I monitor margins for each offer and adjust for profitability.

I track revenue, but not specific profit margins per product/service.

No, I don’t track profitability per offer—I just focus on sales volume.

Q3: How often do you adjust pricing based on market shifts? *

I evaluate pricing at least annually and adjust based on data.

I have adjusted pricing before but don’t have a set review process.

I haven't updated pricing in years and don't plan to.

Q4: How often do you check in with existing clients? *

I have a structured follow-up process with scheduled check-ins.

I reach out occasionally, but it’s inconsistent.

I rarely follow up after a sale or service completion.

Q5: Do you track how many clients return or refer others? *

Yes, I track retention and referrals, and I optimize based on data.

I have an idea of repeat clients but don’t formally track referrals.

I don’t track repeat business or referrals at all.

Q6: What % of revenue comes from repeat clients? *

50%+ of my revenue comes from returning clients.

20-49% of my revenue comes from returning clients.

Less than 20% of my revenue comes from repeat business.

Q7: How often do you audit your expenses? *

Monthly or quarterly, and I cut unnecessary costs proactively.

Once a year, but I don’t actively track overspending.

I don’t audit expenses—I pay the bills and move on.

Q8: Do you track cost per client and service profitability? *

Yes, I track cost per client and adjust pricing accordingly.

I have a general idea, but I don’t calculate it often.

No, I don’t track client or service costs.

Q9: Are you overpaying for tools and software you rarely use? *

No, I regularly evaluate and cut unnecessary subscriptions.

I know I have some unused tools, but I haven’t reviewed them yet.

I have multiple subscriptions but have no idea if I actually use them all.

Q10: Do you still manually track financial data? *

No, I use a dashboard or automated system for real-time tracking.

I track financials manually but in a somewhat structured way.

Yes, I rely on spreadsheets or outdated systems.

Q11: How much time do you spend compiling reports? *

Less than 2 hours a month—my reports are automated.

A few hours per week—some automation, but still a manual process.

Way too much time—I pull reports manually and spend hours analyzing them.

Q12: Do you have a dashboard that provides real-time insights? *

Yes, I have a dashboard that tracks my key business metrics in real time.

I have reports but they aren’t updated in real-time.

No, I don’t have a dashboard or tracking system in place.

Ready to see where the profit leak is?
Fill out your information below to see your results!

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