How to Increase Profitability with an Online Workflow System

by Gail Gardner
Investor Marcus Lemonis of the hit TV series The Profit emphasizes that what he evaluates to determine if a business can be successful is the people, product and processes. He mentions using the same online workflow system to manage the processes in all of the businesses he invests in. Processes are essential to staying on top of both workload and finance.Read the full article

Marcus Lemonis Pulls Back the Curtain on 'The Profit'

When selecting the struggling small businesses he attempts to rescue on CNBC's "The Profit", Marcus Lemonis says he seeks to teach viewers a lesson, not just maximize his own personal gains. Lemonis, who teamed up with Ink from Chase to provide advice for Small Business Owners, says he does not perform due diligence on the small businesses he sets out to save because he wants the reaction shots to be authentic, not staged. He also says that small business owners - and often large companies as well - often struggle with collecting receivables and understanding their costs. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet


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