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Objective Advice and Deep Expertise—Find it Here

Welcome to the EKS&H resources page.

As your true business advisor, we provide information on regulatory updates, industry strategies, and expert analysis to help you think strategically and make better decisions.

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November 7, 2016 | Ben Milius

​Aligning IT Strategy with Corporate Strategy

When considering technology strategies in business, what comes to mind for most management professionals is that IT investments mostly provide cost-saving efficiency gains. However, a recent study published in MIS Quarterly found that investments in IT achieved an almost two-fold return.1 More surprising was that those returns were realized primarily through top-line revenue growth rather than cost reduction and that these results were significantly higher than those from investments in marketing or research and development. Read on »

April 12, 2016 | By Kreg Brown

Increasing Profitability by Product: Manufacturing Business Improvement through Activity Value Management

When manufacturing executives encounter profitability challenges, they may not have the financial tools to identify the source of profit leaks necessary to proactively solve the issues. Many consulting services are available to help with sales growth, cost-effectiveness, customer loyalty, and other goals. However, some of these services leave out important components that can enhance companies’ ability to pursue their financial objectives. Activity Value Management® (AVM) uses unique cost assignment strategies and encompasses both qualitative and quantitative data to allow executives to gain insight into the true sources of their profit or losses according to Lines of Business (LOB). Read on »

July 27, 2014 | Sandy Shoemaker, Alison McElroy, and Michael Daigle

Accounting Issues for Lawyers: Understanding the Franchisor's Financial Statements

The requirement under the Federal Trade Commission’s Rule (the “FTC Rule”) that franchisors must include in their Franchise Disclosure Documents (“FDDs”) historical financial statements reflecting the franchisor’s financial condition is fundamental, likely (hopefully) known by any lawyer practicing in the franchise arena. But many franchise lawyers – those representing franchisors and those representing franchisees – lack more than a basic understanding of the required financial statements and, as a result, lose opportunities to provide their franchisor and franchisee clients with critical advice and counsel. Read on »

July 25, 2014 | Sandy Shoemaker and Mike Madden

Is An Employee Stock Ownership Plan Right for Your Brewery?

In what may be the first sign of a trend in the craft brewing industry, both New Belgium Brewery in Fort Collins, Colorado, and Deschutes Brewery in Bend, Oregon, have completed a sale of at least part of the company to its employees. New Belgium transitioned from a partial to full ESOP-owned business and Deschutes has initiated a minority-ownership ESOP model. Read on »

July 1, 2014 | Bruce Nelson and Mark Kozik, Esq.

What's New: 2014 Colorado Tax Laws

The Colorado General Assembly convened on Jan. 8, 2014, and ended on May 7, 2014. During the statutorily mandated 120-day session, legislators introduced 613 bills including several bills specifically addressing state and local taxes. Following is a select summary of key legislation affecting Colorado taxpayers. Read on »

April 7, 2014 | Shane Brown and Joanne Baginski

CFMA Building Profits: Strategic Compensation as a Competitive Advantage

As the economy recovers and demand for new work returns, a shortage of experienced and capable industry professionals – particularly at the management and executive levels – is hindering many businesses’ ability to grow. Competition to keep these valuable, high-performing employees is at an all-time high. A strategic performance and reward system is one of the most effective ways to retain your company’s top performers and grow profits. Read on »

November 13, 2013 | Joanne Baginski and Dan Foote

Six Buy-side Best Practices for a Successful Acquisition

Depending on the source, acquisition failure rates vary from 50% to 85%, and McKinsey has found that as much as 61% of recent M&A deals failed to earn cost of capital or better on invested funds. Booz Allen & Hamilton and Mercer Management have conducted studies that have found that 50% of merged companies’ total shareholder return (TSR) underperformed relative to industry peers 2 years after the deal closed, and 52% of merged companies had a TSR that was lower than industry average 3 years after deal completion. Read on »

November 13, 2013 | Doug Askam

Cloud Computing: What It Means for the Non-technical Business Owner

While current technology trends make effective use of cloud computing, the “cloud” is a concept that many business owners find difficult to grasp. What many don’t realize is that they are already using the cloud. Internet-based technology allows you to use applications and store data with offsite providers, and reduces your reliance on in-house technology and infrastructure. By joining the cloud, you can do business anywhere you have an internet connection, and enjoy 24/7/365 technology support. Read on »

November 13, 2013 | Joanne Baginski

Proper Planning Can Drive Real Results

Proper planning is paramount in both good and bad economies. It helps you proactively adjust your operations to ever-changing market conditions and business opportunities. Ultimately, it can increase profitability, improve cash flows and strengthen your financial position. Read on »

April 7, 2013 | Shane E. Brown and Andrew J. Steger

CFMA Building Profits: Key Performance Indicators Are Not Just About Profit

Imagine this scenario: It’s the 15th of the month. You have just received the previous month’s financial statements and you sit down at your desk to review the results. Flipping through the pages, the numbers seem off. Profits are three points below your expectations. As CFO, you pass the results onto the company owner and after a quick review, he remarks, “Costs should not be this high! What happened to labor last month? I thought we billed that project already!” Read on »

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