Many years ago, I was attending a convention and the president of one of the largest and most profitable companies in America keynoted a speech welcoming everyone to the city.
Michael Gerber in his book The E-Myth talks about how most roofing companies fail because they are started by excellent roofers with little business knowledge.
In 2003 I signed the agreement with two other owners to sell our 200-employee roofing company via a management buyout to five new owners in a deal that was structured over 10 years.