b'we have been told that the initialWhat are your own goals? ForOn theother hand, roll-ups canor failure. publicing will occurmany roofing contractors, becom offer new opportunities for manyBut one thing is c the indoffer sometimelear:uswithin the next thir days.ing part of al-upseen as aemployees - such as new man try will be changed. As thenew tyrol is Anothergroupofcontractorsgood exit strategy - ato getagement openings and stock pur roll-upcompaniesdevelop their way thatisconsideringa roll-upiscashoutof theb whilechase options - that might notmanagement styles and strategies, usiness being facilitated by FMI Corpora keeping it o ional. If youhave existed pr ly. Also, yourwe will continue to develop in rperat intendevious fotion.understand that betweento stay active in the business, how qualifiedretirementplan, if youmation,keepinformed. Weandyou 15 and 20 roofing contracting com ever,remember th youwill behaveone,shouldbe takeninto at panies are involved in that effort,part of ateamaaccount. Changes in managementofyour corporate and that preliminary letters of intentlarger entity with diff respon structure could affect it, and thereby erent are being signed by many of thesibilities and different expectationsaffect your ownretirement planparticipants.than you m be used to.ning. ay An investment company, Ster At the same time, roll-ups offer aelsdevithe detaiA theI inIs?cenling City Capital, L.L.C., in Hous way tocash into atralized accounting system, for infusecontractton, Texas, hascontactedmanying business that can be used forinstance, may require that you NRCA members,and expects tocapital investment, marketing, orchange the way you keep busihold ameeting this sum otherto grow the business.ness records, or theyou bfounders\'wayswayid mer.Many contracting firms are limitedyour work, or the way you pay Anothergroup,headedbyin theirtygrow by a lack ofyour people. How will insuranceMRCA\'s abili to &ow Warner, KnightCompany L.L.C.,readily available cash.claimsbehandled?H is in Alexandria, Va., reportedly hasHave you done yourinventory managed?"Evening at homework? identified several interested con Make sure you fully understand thee What\'s thelook for the equity outtractorsontheEastcoast,andtermsofthedealth isbeingmarket? Amarket "the atstockcorrec Theater" expects to hold alater thisoffered to you.sure to take intotion," if ii occurs on the heels of meetingBe summer.account other ways of valuing youraninitialpublic offering,canCorrecti,on business,wellyour expectedhave significant consequencesLast month,articlered asasanappeaToo good to be true?earnings over time. Experts alsofor acompany planning onin theMidwestRooferabout new Whilethere aremanyroll-upagree thatmust pay attention toainfu of capital. Tim MRCA\'s "Evening at the Theater" youquicksion success stories, there are also fail the fine print. For example, ifing does become impor eventduringour 49thAnnuyoutant.al ures. Experts generallythatare to become an employee of theAnd some experts have begun toConventionandT Shagreeradeow, thefollowingquestions,amongnew company, it is critical to knownotice the effect of an overheatedOctober 23-24 at Ch \'s icago Navy others,should be askedbyanywhat your new responsibilities willpublic offering market. There werePier. gstion inrticompany considering participatingbe,andwhatyouremployment139 new initial public offerin inThe day men edthat a in ae rights are.the second quarter of 1998, com cle, as well as in ailar article consolidationffort.simWho makes up the new manage Have you considered your cus pared with 1 in the same periodintheAttendeeRegistration 22 mentteam?Participatinginatomers? Most roll-ups have takenlastyear. Of the61new issuesBrochure, wasinerror. Asis roll-up is aprocess: sell place in fragmented industries likeoffered in June of this year, 20 arestated correctlythe registration two-parton ing your company and investing intheroofingindustry,wheretrading below their initial offeringform and atother references two new abusiness. If you are part ofhands-on management and atten prices.We strongly recommendintheAttendeeRegistration customersexpertsthe themanagement teamof a newtion to localis critical.that you consult withinBrochure, the event will not take company, your livelihood will beH will service callshandled?equities markets before making aplace on T but on Friday, owbehursday, tied to that company. It\'s important,What about warranty claims? Arefinal decision about participating inOctober 23. as always, to be sure you deal withthere advantages to havinglaWe will gather inand tie at nationa roll-up.coat people you respect and trust.accountsmanagedbythenew6 p.m.Friday evening forcockIt\'s also important to ask whethercompany that outweigh aialSummarytailshors d\'oeuvres inepotent andth elethe peoplethe roll-uploss of localBy the end of 1998, it is likelygance of a reception at the Hotel orchestratingcontrol? understand your business, and theHaveyouconsideredyourthat at least two or three new con Inter-Continental priorattendto roofing industry.theiremployees? Roll-ups will be seensolidated r fing contracting com ing"Death ofSalesman," Ifmotivationoo astaris purely financial,may over byof your employees as apanies will exist. The jurystillring Brian Dennehey. theysomeis looksomeintangiblesthatarethreat- especiallyiftheyout, of course, on whether they willPayment must be received by likely to affect the long-term suc expectedanopportunity to ownsucceed, or what theissues willSeptember10forMRCA\'s cess or failure of the new company.part of the business infuture.u lyine their"Evening atTheater." theltimate determ successthe fjjj5'