Business Velocity - The Five Facets of Business™ Podcast 'Do You Know Your Financial Health?' with Drake Gens
This week we talk with financial expert Drake Gens. Drake along with our hosts will outline the importance of understanding your companies financial data and things to look out for with Mergers and Acquisitions. His company is known for the Drake Check. A way to analyze the financial viability of your company.
There are some key takeaways in this episode:
1. When purchasing another company, keep in mind the assets you are looking for and what are you willing to build if said company doesn't have a certain pieces.
2. Clean up the books. Make sure everything your seeing is lining up with everything in the bank.
3. Allow the numbers to influence when and where your company is able to make financial decisions.
Follow along with Drake's visuals here.
If you would like to stay up to date with Drake, follow the links below:
Drake's LinkedIn
The Fin Team Website
To watch the entire episode check out our Youtube channel here.
To find more information on The Five Facets and Evolve Leadership Consulting visit the link here or email us at info@theevolvedifference.com
Hosts: Dave Newell & Hannah Pniewski
Produced by: Dave Newell, Hannah Pniewski and Christopher Paul Smith
Edited by: Christopher Paul Smith
Coordination: Katie Newell, Loli Basualdo