Small Business Growth Strategy
Precise Graphics has the potential, according to Marcus, to grow to 50 million in sales. Some of this initial growth will result from Marcus utilizing the standard tycoon strategy of having other parts of his empire send business over to the new acquisition. (He hinted at Standard Burger being another client.)
In addition to the direct investment for equity, Marcus has upgraded some of the company's most important pieces of equipment. This will speed up fabrication and reduce costly QC problems.
In this case, Marcus has asserted that he will remain the de facto CEO of Precise for as long as he wants in order to ensure a smooth transition into the Lemonis Way of Doing Things Right.
The Profit: Marcus Lemonis and Precise Graphix
Posted by LarryWildman under StrategyFrom tycoonplaybook.com/2015/07/01/the-profit-marcus-lemonis-and-precise-graphix/ 3434 days ago
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