when jacob died in 2010, his son
hank took over the business.
it's been a very tough
transition.
hank has struggled to lead.
>> there'll be some growing
pains.
um...
so, well, first of all, i'm on
the top, i'm the president,
i'm the owner.
>> just three years later,
revenue is down and those
profits have turned into losses.
last year maarse generated
$3.6 million in revenue but
still showed a loss of $20,000.
>> between the prices and the
disappointing product, i don't
know that i would keep coming
back.
>> to keep the business up and
going, hank took a $200,000 loan
from his mom and borrowed
another $100,000 from the bank.
>> i would agree we're not
making money.
>> right.
>> hank hasn't made a profit in
three years, and he's $300,000
in debt.
that's not a good sign for the
30-plus employees who depend on
this company to earn a living.
the flower industry generates
$6.5 billion a year, and i want
a piece of that.
if hank maarse is willing to
follow my lead, i know i can