Focused Energy's founder Andrew Lyon shares insights with Forbes on the benefits of remote working....
Author: Andrew Lyon
Drew is focused on helping small and medium sized businesses. He has an enthusiasm for understanding "the numbers," the operational truth behind them, and how to continually drive better results for his clients. Drew focuses on helping businesses to understand their financials, save money, and grow sustainably. He is an expert in providing actionable insights through intuitive and connected accounting and finance. Drew has extensive experience in the financial and accounting realm within the following sectors: traditional and renewable energy, industrial manufacturing, software/SaaS, services, consumer goods, tech enabled services, construction, and food. Drew is also an avid artist, mountain biker and enjoys all of the things that The Promised Land (aka Colorado) has to offer.
Defining ROI for Your Small Business
Return on Investment (ROI) is one of the most important tools in a business leader's tool kit. By understanding ROI or return on investment, business owners and project managers can make more effective decisions for a business. From deciding whether to offer a specific new product or service line to determining how to best utilize the marketing tools at...
Three Tips for Small Business Tax Preparation
Tax season is upon us. Is your small business ready? Tax season can be stressful, and it often seems as though it adds a lot of work for small business owners who are already balancing many different priorities. From dealing with human resources (HR) to marketing and operations initiatives, it seems easy to let tax preparation fall by the...
Bookkeepers of the Future
Why are bookkeepers important? Bookkeepers have always been an integral part of successful, growing businesses, but their value is often discounted. To someone without an accounting background, the profession may seem straightforward and fairly static. While it is true that the foundations of performing the business' accounting rarely changes, the bookkeeping profession has been constantly evolving and expanding. This...
Income Statement Confidence
In financial reporting, there's nothing simpler than an income statement, or P&L (profit and loss statement). Without good, clear, bookkeeping and an income statement, it is hard to have the confidence to act and make the best business decisions. Get the scoop on putting income statements to work for you. ...
15 Critical Questions to Answer Before Talking to a Business Investor
Developing your idea - answering the must know questions One of the biggest challenges that new company founders come up against is knowing what questions to prepare for when raising money. This can also inform how you build your pitch deck to take to business investors. It isn't easy to get ready for these sessions. What you can do...
Taming the Beast That is Financial Reporting
The journey to understanding - Part II In the first part of this series we looked at the sources of financial data that your business generates, how to see them, and most importantly how to understand some of the errors that are inherent within it. In this post, we'll dive into analyzing your data to understand how you can...
Realizing the Importance of Cash Flow
Do you have a cash flow problem? Many early stage companies become hyper focused on metrics that drive revenue, such as sales and marketing. Although these areas are important, the financial metric of cash flow should be watched carefully, especially in the early days of a company. According to a U.S. Bank study, 82 percent of business failures are due...
Taming the Beast That is Financial Data
The journey to understanding Getting a handle on the financial data that your business produces is a monumental task, but once done, decisions with financial implications can be made with confidence and understanding. Making sense of your financial data is a long journey that requires diligence, patience and persistence. When engaged successfully your financial data can help you make...