THE DRAKE CHECK

What is the Drake Check?

Do you ever ask yourself…

  • “How is my business actually doing?”
  • “Are we going to be okay?”
  • “Is my bookkeeper doing a good job?”
  • “I’m paying a lot in taxes, but don’t have money to pay myself. Why?”
  • “Is my business ready to sell?”

Many small business owners ask the exact same questions. Most struggle to answer them alone

If you aren’t sure where your business is at, if you’re curious how you can improve, or if you’re wondering if now’s a good time to sell your company, we created this for you.

What Will We Evaluate?

After helping many small business owners, we typically see the following areas where most businesses can optimize their financial performance:

  • Financial leverage (this includes things like debt, leases, and other financial
    obligations)
  • Operational leverage (this measures the proportion of expenses that can be cut in case revenue falls)
  • Profitability (profitability is a measure of how much money you earn after your
    expenses; you can measure it on a company, departmental, and/or customer/job level)
  • Cash Flow (this is a measure of how much cash you earn after paying bills, debts, and other items)
  • Accounting Processes & Procedures (we frequently find errors in accounting systems and can always share guidance or feedback on how to remedy any inconsistencies)

Get Started Today!

Gain clarity in financial decision making. Reach out today!

THE DRAKE CHECK

What is the Drake Check?

Do you ever ask yourself…

  • “How is my business actually doing?”
  • “Are we going to be okay?”
  • “Is my bookkeeper doing a good job?”
  • “I’m paying a lot in taxes, but don’t have money to pay myself. Why?”
  • “Is my business ready to sell?”

Many small business owners ask the exact same questions. Most struggle to answer them alone

If you aren’t sure where your business is at, if you’re curious how you can improve, or if you’re wondering if now’s a good time to sell your company, we created this for you.

What Will We Evaluate?

After helping many small business owners, we typically see the following areas where most businesses can optimize their financial performance:

  • Financial leverage (this includes things like debt, leases, and other financial
    obligations)
  • Operational leverage (this measures the proportion of expenses that can be cut in case revenue falls)
  • Profitability (profitability is a measure of how much money you earn after your
    expenses; you can measure it on a company, departmental, and/or customer/job level)
  • Cash Flow (this is a measure of how much cash you earn after paying bills, debts, and other items)
  • Accounting Processes & Procedures (we frequently find errors in accounting systems and can always share guidance or feedback on how to remedy any inconsistencies)

Get Started Today!

Gain clarity in financial decision making. Reach out today!