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| The Profit with Marcus Lemonis on CNBC |
Marcus Lemonis returns for season two of the The
Profit, which features Marcus hunting for struggling businesses to turn
around. Marcus puts his own cash on the
line and offers his expertise in return for a share of the business. The Profit is one of our favorite business
shows here at Unlimited Net Worth
with its focus on key business principles and its offering of solid business tips
in each episode.
Episode 1
Episode 1 features Athans
Motors, now known as AutoMatchUSA, a used car dealership in the Chicago suburbs. Athans Motors is struggling due to a lack of
inventory and a misguided focus on investing considerable sums into the
embellishment of the dealership.
Episode 2
Episode 2 features A
Stein Meat Products, a family owned meat distributor, which offers a
variety of meat products to local restaurants, hospitals, schools, etc. A Stein has successfully delivered meat
products since the 1960s, but due to a lack of diligence around collecting
receivables, weak hiring decisions, and poor operations, A Stein has hit hard
times.
Although Marcus offers sound business advice and is
effective at turning around many of these businesses, his advice comes at a
steep cost. Marcus typically takes a
large share of the business for a fraction of the capital needed to start a new
business from scratch. Although Marcus
keeps the doors open, the business owner would probably have been better served
by paying a consultant to help turn around operations, without giving up an
equity stake.
Watch episodes season 2 of The Profit on CNBC free online.
