Is Your Revenue Leaking? Take This 2-Minute Quiz

You pour your heart into building your business, working long hours and making countless sacrifices. But what if you discovered that thousands of dollars slip through your fingers each month without you even knowing it?

Most business owners focus on cutting costs or finding new customers while completely missing the money they're already losing. Revenue leakage affects nearly every business, yet it remains invisible until someone points it out, explains Ireland-based business consultant Paraic Bergin. Unlike obvious expenses that show up on your financial statements, lost revenue never appears as a line item - you can't miss what you never captured.

Research shows that companies lose over $2 trillion annually through preventable revenue leaks. The average business leaves 3-5% of potential revenue uncollected, which means a company generating $1 million yearly could be losing $30,000 to $50,000 without realising it.

Take This Quick Revenue Leak Assessment

Answer these questions honestly to discover if your business is silently bleeding profits:

Q1. Do you set prices based on what competitors charge rather than the value you deliver?

If you automatically match competitor pricing, you're likely leaving money on the table with customers who would pay more for your unique benefits.

Q2. Do you use cost-plus pricing without researching what customers will actually pay?

Adding a markup to your costs ignores market reality and customer value perception.

Q3. How long does it take your team to respond to new inquiries?

Slow response times cause prospects to disappear to faster competitors.

Q4. What percentage of your qualified leads actually become customers?

If you don't know this number, you can't identify where prospects are dropping out of your sales process.

Q5. Do you know why customers stop buying from you?

Without understanding churn patterns, you can't prevent valuable customers from leaving.

Q6. How often do you offer additional products or services to existing customers

Missed upselling opportunities represent some of the most profitable revenue you're not capturing.

Q7. How many days does it typically take to collect payment after sending an invoice

Extended collection periods directly impact your cash flow and working capital.

Q8. Do you send invoices immediately after completing work or delivering products

Delayed billing creates unnecessary payment delays.

Q9. Can you quickly tell me your customer lifetime value?

Without this crucial metric, you're making pricing and marketing decisions randomly.

Q10. Do you track conversion rates at each stage of your sales process?

Missing analytics prevent you from spotting profit leaks before they become major problems.

Scoring Your Assessment

If you answered "no" or "I don't know" to more than half of these questions, your business likely has significant revenue leaks that could be costing you thousands monthly.

Expert Solutions Available

Business growth experts like Paraic Bergin have developed systematic approaches to identify and fix these revenue leaks. These professionals use proven frameworks to audit your complete revenue process, from pricing strategies to payment collection systems. They identify specific leak points and provide step-by-step implementation plans that typically show results within 30-60 days.

Your Next Step

Don't let another month pass with money slipping through invisible cracks in your business. If this assessment revealed potential revenue leaks, consider getting a professional evaluation of your profit capture systems. The cost of inaction far exceeds the investment in fixing these issues.