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  1. I Miss Back When

    Like the lyrics of Tim McGraw’s hit song many people (at least those of us born more than 20 years ago) can’t help but think it’s possible that “We got too complicated. It's all way over-rated.”

    Now, it may be true that there are those of us longing for the days when “a Coke was a Coke” – but has it occurred to you that you may have customers who feel the same way occasionally? Customers who just might “miss back when” if they wanted to let you know they liked something they didn’t ...
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    small business
  2. The Profit TV Show Encounters 'Merchant Loans'... Again

    It's become routine. The star of CNBC's The Profit, Marcus Lemonis, once again encountered an alternative business financing company on the balance sheet of a prospective investment, this time described only as 'merchant loans.' Par-LA, a clothing store located on Santa Monica Boulevard in West Hollywood, does about $1 million a year in sales. The outstanding balance of these merchant loans at the time the show was filmed was $61,000.

    A UCC search on the business's legal name reveals ...
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    Uncategorized
  3. Swanson's Fish Market: The Profit, Problems, and The Truth?

    With so many of the businesses featured on The Profit using merchant cash advances, one has to wonder if Marcus Lemonis is specifically targeting them for the show.

    In episode 11 of Season 2, Swanson's Fish Market in Fairfield, Connecticut is on the fritz, so much so that the employees are fronting their own cash to pay the business's vendors, all while foregoing paychecks. The business is generating $150,000 a month in revenue according to the co-owner Gary Swanson. Net of all operating ...
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    Uncategorized
  4. Did Inkkas on The Profit Use a Merchant Loan?

    A Brooklyn-based shoe brand named Inkkas, recently appeared on Season 3 of The Profit. Nearing insolvency, the company's three partners Dan, Dave and Dave, welcomed Marcus Lemonis to try and fix their problems. As much as the Inkkas team was convinced they had plenty of fight left in them, the company had only $1,000 left in the bank and were faced with an astounding $500,000 in outstanding debt.

    The shoemakers had originally raised $500,000 from investors to get started, only to experience ...

    Updated 12-06-2018 at 10:12 PM by The Profit Review

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