Episode 2
24 March 2010 - Episode 2
This week on The Business Inspector, it’s all about pleasure and leisure, but sadly not profit. Jaas Patel is a young dynamic go-getter who dreams of chain of cocktail bars, whilst Derek Halpin has run his go-kart business for eight years but is in danger of losing it all. Both are in desperate need of Hilary’s keen business mind to pull them back from the brink. Premier Karting, once a booming business, is now feeling its age. Tired and rundown, it's literally months away from going bust; it needs help and fast. When Hilary meets Derek she’s shocked to discover he has sat back and allowed customer numbers to dwindle. He has lost money hand over fist, and is now down to financing the business with his life savings - even his home is on the line. Hilary’s first task is to get him and the team back in the driving seat, and bring business in. She mounts a massive campaign to get customers through the door, but will this be enough? Can Hilary teach this old dog new business tricks, and take Premier Karting back to its glory days? Meanwhile, over in St Albans, Mokoko’s cocktails may be hitting the mark, but the profits are hitting the floor. Hilary grew up in a pub, so she knows all about to make it work. She thinks Jaas is too niche and too nice to make the tough business decisions he needs to make. Behind the glossy exterior, all is far from well, and Mokoko is struggling to make any real profits. As she delves deeper, Hilary discovers that Jaas doesn’t control his own stock and, amazingly, isn’t pricing the drinks for maximum profit. The Business Inspector wastes no time in telling Jaas to get back behind the bar and in control of his business. What's more, with a new baby on the way, Mokoko has got to finally start paying its way.
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