WHAT IS THE MINIMUM EMPLOYEE COUNT FOR A SERVICE BUSINESSES?
When looking at service businesses (HVAC, plumbing, landscape, tree service, etc.), do folks have a rule of thumb around a minimum employee count? Or split between W2 and 1099 employees? I've seen quite the range in the $2-5M revenue space. I assume with very few employees (<5), you run into the issue of using all of your time to work in vs. on the company, but would appreciate others' thoughts.