YOU HAVE CHALLENGES – WE PROVIDE SOLUTIONS
Our professionals have experience representing distressed businesses, as well as their creditors and investors. Regardless of our role, we identify common challenges and provide solutions.
Business Challenges |
Our Solution |
| There is difficulty obtaining information about the business operations. | We assist in providing relevant, reliable and consistent information on a timely basis. |
| There is denial about the problems or unwillingness to change. | We use facts and reliable information to reduce denial and facilitate change through the development of a clear plan. |
| A lack of objectivity exists in the decision making process. | We provide objectivity and a vision for a successful conclusion to the situation. |
| No clear plan is in place to address the reasons for the problems. | We help management implement a plan that is practical and helps keep things on track once implemented. |
| There is a general breakdown in trust between all parties. | We provide credibility to the situation for all stakeholders, restoring the trust that is essential to recovery. |
Success Stories
A third generation manufacturer that had historically been profitable had recently been reporting growing losses resulting in broken covenants on the company's line of credit. Warren Averett was engaged to assist management in determining the cause of the losses and to assist in developing a plan. Warren Averett prepared a product line profitability analysis and determined some products were being sold at negative margins.
The company had recently outsourced the partial production of some of its product lines. While outsourcing was a viable alternative, management had not eliminated the fixed costs in the plant related to the items being outsourced.
Contact Us
2500 Acton Road | Birmingham, AL 35243 | 205.979.4100
