Contact Us
2500 Acton Road
Birmingham, AL 35243
205.979.4100
Thomas R. Averett, CPA
Randy.Averett@wakm.com
205.769.3381
Jesse D. Slaton, CPA
Jesse.Slaton@wakm.com
205.769.3287
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.
