Retail Business Evaluation

Each and every business needs to be evaluated once in a while so that the evaluators can adjudge the business’s performance and efficiency. The evaluation is a way to access what all the business currently is and what all it needs to improve its position in the industry. It can also be just a way to access the present outlook of the retail business and improve it thereafter. The evaluation of a retail business can be conducted only by someone who is directly associated with the business and its daily operations etc.

Sample Retail Business Evaluation

Date of conducted the Evaluation: __________________

Business Name: ________________________________

Owner’s Name: ________________________________

Evaluation conducted by: _________________________

Evaluator’s Job Title: ____________________________

Provide appropriate answers to the questions that follow:

1. Does the business make regular payments to all the employees, staffs and suppliers etc.?

a. Yes

b. No

c. Whenever possible

2. Is the business efficiently utilising all of its financial resources, in your opinion?

a. Yes, absolutely

b. No

c. Yes, but it can be made more efficient.

3. Are there enough staff members to handle all of the customers without any possibility of chaos or confusion?

a. Yes

b. No

c. Yes, but it still gets congested every once in a while.

4. In your opinion, is the management efficient and functional in managing the employees/ staff members?

a. Yes

b. No

5. Does the business mostly turn out a profit in its operations or is it mostly operating under losses?

a. Profit

b. Losses

6. Is the retail facility equipped with a good security and surveillance system?

a. Yes

b. No

c. Yes, but it is not as efficient.

7. Are there any additional points you would like to state to assess the situation of the respective retail business? Please mention them in the blanks below.

Category: Business Evaluation

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