If there is no generation to inherit a business or no
satisfactory outside Buyer “knocking on the door,” Ahern
has a program to continue the business with a sale to management
or an employee group.
Operational Review/Audit
Ahern has a staff of “seasoned” transportation
specialists, ex-presidents and chief executive officers
whose experience allows them to seek out and identify all
possible savings of time and money as well as opportunities for
revenue and capital enhancement.
Ahern specializes in companies that are facing
bankruptcy protection from creditors.
Ahern & Associates has successfully assisted
numerous companies in avoiding the bankruptcy “route.”
Ahern’s customized restructuring plan includes certain
basic elements, such as a “45-day window” in which cash
hemorrhaging is stopped, critical personnel changes are
initiated, and operating procedures are addressed to reduce
costs.
If bankruptcy cannot be avoided, Ahern offers
techniques to pre-package the proceedings, so that a
client emerges, when able, to achieve operational and financial
health.
Ahern works directly with its clients’ legal and
accounting firm to make sure that the trucking company
is able to “exit” cash flow and service their debt going
forward.
Professional Employer
Organization (PEO)/Employer Leasing
Ahern has been involved with Professional Employer
Organizations since 1983. Ahern represents the customer,
not the PEO in reference to establishing and integrating a plan
that will reduce such direct costs as Workers’ Compensation,
Unemployment Insurance and Health Benefits.
Ahern has developed a special software package
that can create an operating ratio for each truck dispatch,
whether it’s truckload or less than truckload.
The program allocates total cost, including direct,
indirect, administrative, and overhead for each shipment, trip,
or any other party or business that you analyze.
As a transportation management consulting company,
Ahern has ongoing and substantial expertise in evaluating
trucking companies. Whether you’re interested in
successor planning or you need a factual analysis of the true
net worth of your trucking company, Ahern provides that service.
Our reviews are based upon first hand knowledge of the selling
prices of numerous trucking companies that are not readily
available to accountants, attorneys, investment bankers and/or
the IRS.
New Capital Formation
The investment climate of the new millennium
years has created a limited number of transportation investors
who will provide short term capital.
Ahern & Associates has such clients that they
work with on a daily basis.
Because of Ahern’s “sphere of influence,”
Ahern can introduce these customers to companies whose profiles
match their customers’ objectives.
Ahern’s entire focus is on transportation and
transportation related companies. Ahern can assist
companies in redirecting their efforts to get them to the
success level that they desire. Ahern is able to assist the
company in developing goals, objectives, and targets along with
providing analysis on the company’s intellectual capital.
Ahern Advisor
The Ahern Advisory is a national trucking publication
written by the Ahern companies covering pertinent topics
and information related to the transportation industry.
The publication is provided to all Ahern clients
on a bi-monthly basis and is also available on Ahern’s website:
www.Ahern-ltd.com.
The newsletter provides pertinent information in areas
such as mergers, acquisitions, divestitures and various
regulatory acts that are pertinent to the trucking
industry.