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Brown Smith Wallace LLC
Turnaround Services Save Family Business


Industry:  Distribution
Revenue:  $35 million

Challenge
A 3rd generation family-owned parts distribution business with 36 branches around the country had incurred significant losses due to mismanagement and theft.

Solution
After extensive analysis, discussions with vendors, banks and management, we designed a plan to cut costs, streamline processes and procedures, adjust pricing schemes, refinance company debt and develop strategic planning.

We not only saved the company from bankruptcy, but it was also able to become the number one company in its industry.

If you would like to discuss how to turn around your organization, please contact Barry Worth, CPA, at 314.983.1202, bworth@bswllc.com.

 

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Monday September 6th 2010 07:42:30 am


ST. LOUIS 314.983.1200
ST. CHARLES 636.255.3000
HIGHLAND,IL 618.654.3100
TOLL FREE 888.279.2792

Bill Goddard
CPCU
Insurance Consulting
314.983.1253
bgoddard@bswllc.com

Larry Pevnick
CPA
Member in Charge
314.983.1247
lpevnick@bswllc.com

Alan Fine
CPA, JD
Insurance Services
314.983.1292
afine@bswllc.com
 

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