Businesses owned and operated by a single person and the associated risk doesn't get much attention.
I've seen it a few times, mainly with home service based businesses where work can be subbed or contracted out.
Curious if anyone has experience - good or bad here.
This presents a whole host of unique challenges. Any specifics you'd recommend looking out for in DD?
Updating: Thanks for the concern. This is a very real situation where I'm looking at a one man GC that subs out work on roofing, siding, gutters, and windows. He's doing half a mil SDE regularly by himself. Scaling this business with more staff and expanding geo is an attractive prospect. But this is definitely the career sales leader in me speaking...
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