we'll tell you the latest news on how the small business failing to support the very businesses they should be backing. and we'll learn what my guest is doing to strengthen the small business industry for nevada and across the nation. as 2015 came to a close, congressman hardy held a federal hearing in north las vegas exploring how new small businesses. the congressman who chairs the house small business subcommittee on investigations, oversight and regulations takes his investigation oversight authority seriously. he told the gathering that he discovered that last year alone more than 82,000 new pages of regulations were issued by the feds. the average annual rule addition, nearly 80,000 pages. and you business owners should care. these new rules apply to environmental protection, healthcare, workplace safety, financial lending and more. now, congressman, you told that north las vegas audience that this can mean gigantic >> absolutely. that was part of the hearing. and the reason for having the hearing, basically what i wanted to do is have a hearing, bring the staff out from d.c. an

the business. there still are a number of residential zones or neighborhood commercial zoned large sites in the bayview, which is why we're seeing most of the-almost a high percentage of opportunity in this district. again, point out the rent control units alone reduces that a lot. i could do that for all 12 and some suppertime if you like. what were these buildings look like? like i said, there 240 soft sites. we think that is where this program will be used. our analysis has been tested. we look at eastern neighborhoods, and we project development whether it did it actually happened we corrected our predictive analysis if necessary, but those sites are used about 5% or less of their total development potential. of those 240 sites, about 98 car parking lots. so where or gas patient it was no structure there. 27 are gas stations. 98 our parking lots or vacant. and 26 have formula retail uses. 11 sites have restaurants. we did this rate down for you because we understand that the issue for different

the business. there still are a number of residential zones or neighborhood commercial zoned large sites in the bayview, which is why we're seeing most of the-almost a high percentage of opportunity in this district. again, point out the rent control units alone reduces that a lot. i could do that for all 12 and some suppertime if you like. what were these buildings look like? like i said, there 240 soft sites. we think that is where this program will be used. our analysis has been tested. we look at eastern neighborhoods, and we project development whether it did it actually happened we corrected our predictive analysis if necessary, but those sites are used about 5% or less of their total development potential. of those 240 sites, about 98 car parking lots. so where or gas patient it was no structure there. 27 are gas stations. 98 our parking lots or vacant. and 26 have formula retail uses. 11 sites have restaurants. we did this rate down for you because we understand that the issue for different

dedicated to the low margin business, the wine walk-in retail business. know that if i can add tables and chairs, my margins will go up immediately. but as an owner, you have to be there to connect the dots. the problem that exists today here, there's no leader, and the owners are absent. and because of that, the business loses money, and because of that, the business is upside down. so what do you do? >> this is why we called you. >> when's the last time you guys had a staff meeting? >> we don't have them. >> i been here three years. there's been one. >> no staff meetings. how do you know what's going on? >> you don't. when the [bleep] hits the fan, that's when we learn about it. >> this--it's like--this is like the definition of insanity. how many total employees here? >> 17 employees. >> if the business does go out, that's 17 people that are on the street, and you guys lose-- >> a lot of money. >> i think bill, he doesn't even sleep at night. >> who's bill? >> bill gary's my partner. he's the one who handles all the financials and does all the book work

>> 'cause the recipes belong to the business, right? and he's a shareholder, so the only thing we can do is leave and start all over again. >> there's been a lot of work that went into getting things up to this level, and the research and other things that we've done to make these recipes, to have to-- >> i think that's our last option. >> i mean, that would be the last thing i'd want to do. >> there may be something. article three is the capitalization of the company. what it allows for is, it allows for additional capital to come in and for a shareholder to be diluted if they're not able to put in money at the same rate as the other shareholders. if he's not able to put money in at the same rate as you are, then his share gets diluted. does that make sense to you guys? >> mm-hmm. >> so he's not gonna have us backed into a corner. >> no, he will not. we'll be able to keep the name. we'll be able to keep the recipes. he'll have a small percentage of equity... but it's better than us having to change everything. >> that's the lesser of th

about doing business in san francisco. the office of small business should be your first stop when you have a question what to do next. we provide free and won on one assistance to help achieve goal squz needs. the suchbss include a check list of required registration, permits licegence zoning requirements. we connect you to city funded business resources through various partnerships for the development of your business plan to access financing legal and technical support or any other assistance thmpt office of small business is here to support through the many stages of business not just the beginic. we are here in city hall room 110, monday through friday. you can calloon the phone, 415-554-6134 or visit on line, business portal.sf gov. we provide service in english chinese and spanish. if you need assistance in small business matter start here. >> item 1 is call to order and roll call. commissioner adams, here. commissioner dooley. commissioner dwight, here. commissioner ortiz-cartagena, here. commissioner tour-sarkissian,

and now a family feud is brewing in the business. richard: what's important to me is the most important thing. michael: you're not making any sense. you're making stories up! lemonis: if i can't help this young man mature as a leader... don't be frustrated. michael: i'm very frustrated. lemonis: ...and get both sides back on the same page... richard: if we bought -- if we bought -- -michael: i got this. -richard: you got it? okay. lemonis: ...mr. green tea's growth could melt away. if michael told you that he was gonna leave, what would you say to him? richard: i guess i'd ask him when he was leaving. lemonis: my name is marcus lemonis. and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every morning wondering how many jobs we have to do. it's not always pretty. everything's gonna change. everything. but i do it to save jobs, and i do it to make money. let's go to work. this is "the profit." ♪ located in keyport, new jersey, mr. green tea ice cre

the business. there still are a number of residential zones or neighborhood commercial zoned large sites in the bayview, which is why we're seeing most of the-almost a high percentage of opportunity in this district. again, point out the rent control units alone reduces that a lot. i could do that for all 12 and some suppertime if you like. what were these buildings look like? like i said, there 240 soft sites. we think that is where this program will be used. our analysis has been tested. we look at eastern neighborhoods, and we project development whether it did it actually happened we corrected our predictive analysis if necessary, but those sites are used about 5% or less of their total development potential. of those 240 sites, about 98 car parking lots. so where or gas patient it was no structure there. 27 are gas stations. 98 our parking lots or vacant. and 26 have formula retail uses. 11 sites have restaurants. we did this rate down for you because we understand that the issue for different

so, the bar business and the internet business are operating separately, right? buys the wine for the internet business? man: dan. lemonis: are we selling enough on the web? dan: no. we used to -- at its peak, was probably $50,000, $60,000 a month. lemonis: and what happened to it? dan: there is no web business. i think if we had everything online that we have in house right now, we would definitely sell more. lemonis: great. we need to sell more wine online, all right? -woman: great. -lemonis: all right. thanks, guys. let's talk about your section of the business. i still don't understand where all the volume went. dan: matt has not done a great job getting things uploaded to the web. mike went and did a count of how many wines we had up there, and there was only a hundred and something out of all that we have. i've been on matt every week to get more up there, get more up there. he thinks it's cumbersome, and so he just avoids it. but i felt ignored, often. -lemonis: by him? -dan: yes. lemonis: so why didn't you fire his ass? at amazing grapes, we carry over 500

the management team will own 25% of the business. they're the backbone of the business. and that's what brought me to the key west key lime pie company -- and the fact that i like sweets. jim brush and allison sloat were partners in life and in the pie company. their pie won a ton of awards, but the business lost money. and they were several hundred thousand dollars in debt. there's a lot of places to get key lime pie in key west. what are the ingredients? jim: it comes in one-gallon pails. it's already reconstituted. lemonis: their pie was good, but there was nothing that special about it. jim: and we put a whipped topping on it. lemonis: and what is that made of? jim: that is a powdered product. lemonis: and it definitely was not homemade. you guys don't make your own crust? woman: no, we don't. lemonis: and they had also opened up a second store that was bleeding money. how much business will this store do? jim: this store is probably losing about $20,000, $25,000. lemonis: but the biggest problem might have been jim himself. he was definitely resistant to change. jim:

lemonis: he's not in the business anymore? mike: about five years ago, things started to not be good. i mean, my brother's a genius. he's the one that started making the drums. i don't know how to make drums. i know how to market. but it was very bad -- it was toxic for him and i to be working together. and three years ago, i said, "i'm gonna buy you out." and we didn't see each other for a while. -lemonis: tough. -mike: yeah. lemonis: when you lose the founder of the business, it definitely hurts the business. there's other people you could hire, but you can't hire a new brother. [ drums playing ] mike: man, you got it! lemonis: what was interesting to me is the range of ages that were in that booth, excited to see and play sjc. it was impressive. if they could offer up more affordable kits, this is maybe one of the few businesses that i think has more potential than even the owner thinks. -lemonis: that was pretty good. -mike: [ laughs ] lemonis: after seeing things at n.a.m.m., i'm heading to southbridge to really see what's

and i have said before the small business creates about 64% of the jobs in our nation. those are good quality jobs that wouldn't otherwise -- and most small businesses want to grow up to be a big business someday. and that's fine. that's what this helps us do. strengthen those small jobs and the economy, provides that opportunity for people to be the provider rather than being on welfare and such. >> quickly since we're out of time this segment, what's the support for these bills? >> these will go through i think with bipartisan support with no problem. >> okay. thanks. and when we return, it is mailbag time. and get ready, rose, we picked your letter to the it's coming up next. >> we're back with our closing washington." it is our mailbag segment. it's when we read a letter you have sent to the mailbag page of joyce communications website. we read it right here on the air. and, congressman, we have a letter to you from rose. and she writes, dear media has suggested the sba could do more to help small u like to see them take on for nevada businesses in particular? >> the

public request new business? >> the public cannot request new business. how the public would make recommendations would be through general public comment. >> so they have to come in? >> they do not. they could snit a written letter which is submitted to you electronically from the office, from us, and then you are certainly welcome under new business to bring it up. >> i mean the fact that i just asked that question might suggest that having my small business owner hat on, i did not know that. so maybe having something on the web site that tells you how to go about proposing new business --. >> that is a good idea and that is something we can add to the commission section of the web site. >> this tag line, the small business commission is open for new business. >> then one other area we can also make sure is that on the biz portal, when you get to the home page if you do scroll down there are 3 boxes that are designed just for announcements, things like annual tax filing is coming up. so, again, we'll coordinate with jane to just make sure that the link to

good, healthy debate is good for the business. but, at some point you have to land on that decision that you believe will keep the company healthy. and, if it's a business decision, sometimes the ceo just plain has to make it. and then you line up behind them, and you support it. >>> when we come back, how to deal with delinquent invoices without coming off as too aggressive. and trying to find the balance between being a maker, and a manager. our cosmetics line was a hit. the orders were rushing in. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i could rely on american express to help me buy those building materials. amex helped me buy the inventory i needed. our amex helped us fill the orders. just like that. another step on the journey. will you be ready when growth presents itself? realize your buying power at open.com >>> the questions that i have for experts would be how to handle collecting on delinquent inv

welcome to "your business," the show dedicated to helping your small business grow. re's a question for you. what do carpets, oatmeal cookies and tire have in common? the federal government is the largest buyer of each. these items and thousands of products and services are part of the $500 billion in merchandise purchased by the u.s. government every year. we spent time with a small office products business in california which has gone after some of the money and succeeded in cracking the complicated code of doing business with the government. >> the government is the world's biggest procurer of product, right? that's a huge opportunity for someone like us. >> rosemary is a rock star in government contracting. >> we were able to to business with the government within 60 days of starting the business. >> at nus 33 she's mastered the art of getting diversity certifications, bidding on government contracts and filling out piles of paperwork. >> if you know rosemary for any length of time, you come to realize she doesn't necessarily do thing it is way everyone else does.

, the competitive performance is strong. america is 2/3 of our businessthe biggest, single-growth opportunity for pearson is helping to make education much more accessible, much more affordable, and much more effective for people in america, in the way i have described. but yes, we do see the big growth opportunities in china and brazil, india, across sub-saharan africa. obviously, you know, with the recent events over the summer, these markets are challenged in many ways at the moment. they are finding the path to growth does not run evenly or in straight lines. but, there is still a large and growing middle class there, who have great aspirations for their children and for themselves, and for whom better quality education training is an incredibly important part of their future. so yes, we do see big opportunities there as well. francine: given what we have seen in the markets in china, emerging markets, all the turmoil of the last two months, are you worried about a global recession? is it something that worries you? john: clearly, it is something that

public request new business? >> the public cannot request new business. how the public would make recommendations would be through general public comment. >> so they have to come in? >> they do not. they could snit a written letter which is submitted to you electronically from the office, from us, and then you are certainly welcome under new business to bring it up. >> i mean the fact that i just asked that question might suggest that having my small business owner hat on, i did not know that. so maybe having something on the web site that tells you how to go about proposing new business --. >> that is a good idea and that is something we can add to the commission section of the web site. >> this tag line, the small business commission is open for new business. >> then one other area we can also make sure is that on the biz portal, when you get to the home page if you do scroll down there are 3 boxes that are designed just for announcements, things like annual tax filing is coming up. so, again, we'll coordinate with jane to just make sure that the link to

>>> good morning, coming up on msnbc's "your business," when partnerships go bad. the owner of a sticker company regroups when his partner decides he wants out. >>> a founder's worst nightmare, her partner turned on her and she ended up losing her cookie business, her brand and even her name. how to make sure you don't set up a partnership that ends up in disaster. that's coming up next on "your business." >>> american express open can help you take on a new job. or fell a big order. or expand your office. for those who constantly find new ways to grow on every step of the journey, american express open proudly presented "your business" on msnbc. >>> hi, everyone. i'm j.j. ramberg. welcome to "your business." the show dedicated to helping your small business grow. partnerships in a business are like a marriage, truly. you go in hoping for the best, but unfortunately it doesn't always turn out that way. that could be for all kinds of reasons, ultimately partners are individuals with different life plans, val use and goals. as much as you talk that through in the beginni

they just need to run the business that way. ave two managers that can delegate really well, like, really well. covello: but we're in the same spot with sammy there that we were just in with joe. lemonis: but sammy's not trying to [bleep] somebody. in the short term, sammy's got to pick up the slack here. it's a messy day. but long term, we're gonna hire a real general manager who's there on a day-to-day basis, who can run the operations with a high level of professionalism. thanks. it's been a rough time for everybody, but if we're gonna close the deal with a potential franchisee, we have to get to work. he suggested that we add some non-burger alternatives to the menu, so i'm taking the guys to pat lafrieda to look for some options. what we started talking about is how do we come up with something that's memorable? yes, we have new york's best burger. great. check the box. i think to get people to like the franchise even more, we need something that isn't a burger that would appeal to kids, appeal to families, and get people ex

but he didn't know the auto business at all... he reason you're taking a $5,000 loss is 'cause you bought the car wrong. ...and he often failed to listen to people who did. -do you trust tony? -pete: no. lemonis: as a result, athans motors was losing $1.8 million a year. what matters is that you make money, these people's jobs get saved, and the business survives and it thrives. -that's the goal here. -pete: you're right. lemonis: what do you stand to lose if this business closes? pete: i would lose my house, my dream. it would be catastrophic. lemonis: so, i made a deal with pete -- $3.5 million for 50% of the company. -lemonis: automatch usa. -woman: i love it. lemonis: i've re-branded the business, and i've stocked it with affordable cars. luckily, i knew where to find them. today, i'm headed to jacksonville, florida, to check out one of our new locations. this place feels really good. -hey! good seeing you. -pete: how's everything? lemonis: welcome to jacksonville. -what do you think? -pete: looks great. lemonis: while pete is

the future. any other new business? and like wietz i think we should make sure that we reserve time for commissioner zouzounis to report on their findings as she is researching formula retail and the tobacco legislation and her needs. all right. >> seven-11's that are popping up. >> move on to item 15 which is adjournment and commissioner white are you wanting to do the closing announcement? >> to bookend our meeting i want to remind people that the san francisco office of small business is the only, i repeat the only place to start your new business in san francisco and you can either go there in person, we have a very friendly staff at the desk at city hall to meet with you in person or, even better yet, in your pajamas you can visit us on the internet, we have a great web site and lots of information there. but do not go any place else before you look there because that's the place to start. our advice is free, it's thorough and it's the most informed advice you can get about starting a new business in san francisco.

exploring alternatives for the core business. is that the company putting the for sale sign on the door? for the time being marissa mayer is cutting costs and exploring a spinoff of the web business rather than sell now because they feel it is kinder late -- it is currently undervalued. the search revenue is up 12%. but here is what chairman maynard webb added in a news release -- the board also believes that exporting additional strategic alternatives in parallel to the execution of the management plan is in the best interest of our shareholders. i want to bring in our bloomberg intelligence analyst to breakdown the numbers, but what does this mean? what exactly are they trying to say here? reporter: two things -- first, a spinoff will take nine to 12 months and the strategic options were with respect to the alibaba state and not the core business. emily: you are saying they are not saying we are going to sell. reporter: yes, and they talk about patent sales, corporate headcount reduction -- they are trying to simplify yahoo! emi

shay: no, not managing the business. no. the finances and managing us -- it's too much. lemonis: can we try the pie? betty: yes. that's grandma lucy's chicken pie. lemonis: chicken pot pie is amazing. -betty: thank you. -lemonis: which one's that? betty: the "eat your greens". lemonis: mm-hmm. this dough feels doughy, as opposed to flaky. -betty: okay. -lemonis: do you have, like, a recipe book for all this stuff? betty: i don't need a recipe. i winged it. winged it, and it's not the best way to do it. -it's really not. -lemonis: no? -you don't think so? -betty: no. lemonis: if these recipes aren't written down, what's gonna ultimately happen is you're gonna have an inconsistent product. and inconsistency isn't gonna encourage people to make visits every month. at some point, every time they come, the pie's different? they're gonna stop coming. betty: it's my passion -- it's just like finding new recipes. and my mom baked -- always. lemonis: and what did your mom inspire in here? betty: "rosalee's fancy pants pie". lemonis: a

the business. there still are a number of residential zones or neighborhood commercial zoned large sites in the bayview, which is why we're seeing most of the-almost a high percentage of opportunity in this district. again, point out the rent control units alone reduces that a lot. i could do that for all 12 and some suppertime if you like. what were these buildings look like? like i said, there 240 soft sites. we think that is where this program will be used. our analysis has been tested. we look at eastern neighborhoods, and we project development whether it did it actually happened we corrected our predictive analysis if necessary, but those sites are used about 5% or less of their total development potential. of those 240 sites, about 98 car parking lots. so where or gas patient it was no structure there. 27 are gas stations. 98 our parking lots or vacant. and 26 have formula retail uses. 11 sites have restaurants. we did this rate down for you because we understand that the issue for different

what i don't like about the business today is, i don't like that the whole business foundation is based one name. >> i always thought that we could do another brand, another spin-off. i thought maybe we could do a gelato company 'cause we are italian, and we, you know, deal primarily in asian flavors. it'd be nice to take our heritage into making some of the products that we make money on, so i came up with the idea of solo gelato, 'cause the word "solo" means the same thing in italian as it does in english. >> i love it. >> it's a singular flavor. solo. one. so the tagline could be something like, "sometimes all you need is one bold flavor." >> i love the idea. >> it is a good idea. >> but? >> there's always a but, but-- >> but launching a whole new brand-- >> i never really thought about launching a whole new line. >> it would be--it's gonna be-- >> it's gonna be expensive. >> i think michael's idea to create a gelato line was brilliant because he understands that taking a facility that we're already gonna be operating making ice cream and creating another product inside that same fac

the investment business, the venture business, some of the other businesses we are in in sequoia, it very humbling pursuit. as soon as you think you are good at it, you get chopped off at the knees. journalism, though, was very pretty helpful, because you are -- was pretty helpful, because you are often parachuted into stories that you know absolutely nothing about. you have to get your bearings extremely quickly. you've got to deal with imperfect information. and then you have to have a point of view, if you are a journalist, or you make an investment decision, if you are investor. -- an investor. you are trying to read people. you are trying to gauge sentiment. i found the fact that i had been trained to make up my mind about a confusing set of information extremely helpful. emily: andreessen horowitz has really perpetuated this idea that good vc's need to be former founders or former ceo's. of which you are neither. sir michael: i think it's difficult to tell from someone's background whether or not they will be successful in the venture business. we have a lot of company founders

that $500,000 willive me 40% of the business. lynn and norton will still own 60% of the business. when i invest in a business, i look for three things -- people, process, and product. in this particular business, i absolutely love the people. i love the product. i don't think i've had better barbecue ever. but what i don't love is the process. most people would think that the obvious solutions to shuler's making more money would be to open up another day. but i'm not willing to do that until i know that the three days that we're operating are perfect. i want to improve high food costs, not processing the customers quick enough, not having the seating be right. i want to add a manager to lessen the burden on lynn and norton. when we go through this process, i'm 100% in charge. norton: i'd like to thank all of y'all for what you do. it is because of y'all that we get where we are. lemonis: let's bring it all in the middle, south carolina style. all: one, two, three, shuler's! lemonis: let's go to work! [ applause ] the first order of business is understanding what shuler's food costs

first on the small businesses, we as you know launched the shop and dime, the 49 campaign, last year, a targeted campaign specifically designed to promote local businesses of local commercial corridors to get residents throughout the city to shop local. we did that last year and launched it again as part of the holiday season this year and we through the superbowl partnered early on with the host committee to drive traffic and leverage the traffic being done through shop and dime and drive traffic to commercial corridors. we did extensive to community benefit districts, to our local merchant associations as well as other partners on the ground in the community to support this initiative. working together we created with the superbowl host program a targeted marketing campaign to drive fans and visitors to neighborhood small businesses. those include the creation of shop and dime and 49 maps and you may have seen those, the hundreds of banners that are up around the city and we've distributed those maps to hotels, thousands of those maps have also been distributed to the taxi commissio

the small business -the office of small business, is the only place to start your new business and sanfrancisco. it's also the place to bring your questions should you have questions about how things work as you are engaged in small business. so, my script is as follows: the office of small business is the city center point of information assistance and referrals project endorse and small businesses in san francisco both new and established. we provide a free and one-on-one assistance to each client achieve their business goals to address their needs. our services include a check list of required registration permits license and zoning requirements get so don't go to those agencies first. come to us first to find out what you need to go next and don't listen to outside sources before you talk to us first. our advice is free and probably a little more accurate than other sources. we are also here to connect you to the city funded business resources and partnerships that provide business planning, access to finance, legal and technical support and other assistance required to start and m

the investment business, the venture business, some of the other businesses we are in sequoia, it is ry humbling pursuit. as soon as you think you are good at it, you get chopped off at the knees. journalism, though, was very pretty helpful. because you're often parachuted into stories that you know absolutely nothing about. you have to get your bearings extremely quickly. you've got to deal with imperfect information. and then you have to have a point of view, if you are a journalist, or you make an investment decision, if you are investor. you are trying to read people. you are trying to gauge sentiment. i found the fact that i had been trained to make up my mind about a confusing set of information extremely helpful. emily: andreessen horowitz has really perpetuated this idea that good vc's need to be former founders or former ceo's. of which you are neither. sir michael: i think it's difficult to tell from someone's background whether or not they will be successful in the venture business. we have a lot of company founders at sequoia. but there is also room for lots of other peopl

against realizing the capital and growing our education business. ew of what is best likely to deliver the highest returns to our shareholders and grow the business sustainably over the next three years to five years. francine: talk to me about john fallon the leader. who was your biggest inspiration? is there another ceo or figure in your life that you look for inspiration? john: one of the things that attracted me to pearson in the first place, my predecessor marjorie scardino always talked about the fact that every great company has to have a purpose. the profits derived from doing something important and meaningful to society and doing it incredibly well. so, what is important to me and important to all 40,000 people in the company, who have the leadership roles to play in their different way, we have the opportunity to make the most important thing in the society and communities that we work alongside health and basic human needs. education, more available to more people around the world. so in a purpose-driven organization, and understanding th

, the competitive performance is strong. america is 2/3 of our business. the biggest single growth opportunity for pearson is helping to make education much more accessible, much more affordable, and much more effective for people in america in the way i have described. but yes, we do see the big growth opportunities in china and brazil, india, across sub-saharan africa. obviously, you know, with the recent events over the summer, these markets are challenged in many ways at the moment. they are finding the path to growth does not run evenly or in straight lines. but, there is still a large and growing middle class there who has great aspirations for their children and for themselves and for whom better quality education training is an incredibly important part of their future. so yes, we do see big opportunities there as well. francine: given what we have seen in the markets in china, emerging markets, all the turmoil of the last two months, are you worried about a global recession? is it something that worries you? john: clearly, it is something that th

>>> good morning, coming up on "your business" when partnerships go bad. the owner of a sticker company regroups when his partner decides he wants out. >>> a founder's worst nightmare, her partner turned on her and she lost her business and her name. how to make sure you don't set up partnership that ends up in disaster. that's next on "your business." >>> hi, everyone. i'm j.j. ramberg. welcome to "your business." partnerships in a business are like a marriage, truly. you go in hoping for the best, but it doesn't always turn out that. partners are individuals with different plans, values, and goals. as much as you talk that through, it's hard to think of everything. the own er of a soouf ner stickr company learned this the hard way when his partner wanted out. we'll see how he is moving forward and making sure his next partnership sticks. >> i feel like i just got divorced in a lot of ways. >> when they launched teambo ee stickers in 2012, he never envisioned being alone. >> after my partner announced he wanted to leave the business. >> at the gunning, is see

the ultimate arena for business. after hour of diving deep, touching base, and putting ducks in rows. the only problem with conference calls: eventually they have to end. unless you have the comcast business voice mobile app. it lets you switch seamlessly from your desk phone to your mobile with no interruptions. i've never felt so alive. make your business phone mobile with voice mobility. comcast business. built for business. >>> welcome back. better late than never. last august, we told you about wealthy families caught living in government subsidized housing paid for by you, the taxpayer, like a family in new york city making nearly half a million bucks a year, now, the white house throwing out a plan to kick out rich folks like that. mike says this is why we need to kick out the government from the housing assistance business. >> thoos right ft anytime the government gets involved in something, at least scarcity, right here in new york city, the government had put in place a lot of so-called affordable housing.

so, my offer is $300,000 for 40% of the business. at $300,000 would be used to pay josh back his $50,000 and leave the rest in the account for working capital. -nikki: mm-hmm. lemonis: that 40% of the business would be divided up. i'll get 25%. chris will get 5%. sandy will get 5%. josh will get 5%. i'm trying to buy the opportunity for the other three key members of this organization to have equity. nikki: [ sighs ] mike: there is one worry that i have. lemonis: you're kind of smiling at me like you don't really give a [bleep] about what i'm saying. mike: no, i'm frustrated. lemonis: i'm not gonna allow you to be frustrated. or if you're young or old.are if you run everyday, no matter who you are a heart attack can happen without warning. if you've had a heart attack, a bayer aspirin regimen can help prevent another one. be sure to talk to your doctor before you begin an aspirin regimen. bayer aspirin. (singing alougetting to know you. getting to know all about you... getting to like you. getting to hope you like me... is someone get