Marcus Lemonis has built a name for himself in small-business turnarounds, but after finishing a job, some of the companies slip back to their old ways.
On Tuesday’s season finale of CNBC’s The Profit, Lemonis checked in with three of the companies he’s helped turn around during the past two years. While candy maker Sweet Pete’s and auto business 1-800 Car Cash both experienced dramatic improvements in sales and profits, clothing company Courage b had fallen back on old habits.
“Courage b has a ton of potential, but in order for this to work, they have to follow the plan, ” Lemonis said during the episode. “They’ve gone off and made some mistakes and decisions without me.”… READ MORE