It always amazes me that some business owners do not actually know how to run their own business, or fails to properly plan that business.
Sometimes however this is good news for a buyer, but it requires them to have vision to see behind the badly run business presented before them.
This can be perfectly illustrated by the series Mary Queen of Shops where Mary Portas (who was responsible for turning Harvey Nichols into a leading modern fashion brand) troubleshoots her way around the UK on a mission to help turn around struggling businesses.
In this Maher & Sons episode it seemed that the owner failed to see the benefits of changing their business, however their website shows that it has been updated to a certain extent by refurbishing the coffee shop.
No doubt the business is worth more money now.
So how many businesses are you turning down because you cannot see the potential?
