Charming Educated Youth: I Brings Space to the 1970s

Song Yan never thought she would experience a day of transmigrating into a book. Well, if she transmigrated, she transmigrated! The 1970s weren't that scary.

However, she didn't expec...

Chapter 626 Making Money

After the workers left, the remaining shareholders sat down for a brief meeting, the main purpose of which was actually to review the accounts.

Xiao Hu adhered to the principle that "easy to borrow and easy to repay, easy to borrow again."

The pastry factory here kept making money, and he would quickly use a portion of it to pay off his debts.

Because all the equipment in the factory was purchased on credit.

Their smallest ovens cost several hundred dollars.

Actually, they didn't want to extend credit at first, but the person who asked had a lot of face.

A few hundred yuan is equivalent to a person's annual salary these days. They ordered so many ovens at once.

The cheapest ones are those costing a few hundred yuan; the larger ones are more expensive.

Since Xiaohu didn't have to worry about the cost of raw materials, he paid a portion of the money upfront after making a profit.

Because of this reputation, they were able to get the entire drying equipment on credit without asking for a single penny.

Their profits are also very encouraging.

If all the debts for the equipment are paid off, they will make a profit of more than 3,000 yuan.

Xiao Hu didn't want to repay the loan so quickly, just like his sister-in-law controlled the volume of goods she ordered—he didn't want to attract too much attention. A small private factory, repaying such a large sum in such a short time…

Let's not do that.

Du Yu and Pan Lanlan knew they would make money, but they didn't expect them to make it so quickly.

In other words, she owns 1/10 of everything in the food factory, and she'll also get more than 300 yuan.

Du Yu's monthly salary is 32, which means that in such a short period of time, she earned a year's salary.

Pan Lanlan's salary is a bit higher, but it's still only 40 yuan.

Just thinking about it warms my heart.

Pan Lanlan's initial ambitions were gone; she no longer had the ability to obtain so much fruit and raw materials.

Pan Lanlan, like Du Yu, now wants to do as much as possible for this food factory.

Du Yu was also very excited. She initially thought she could make some money, but she never expected to make so much.

Xiao Hu first explained all the profit and operational details.

After Song Yan saw it, they were all very excited, but he was the one who poured cold water on their enthusiasm.

Song Yan: "Our current situation is developing well, but there are still many problems."

In terms of management, we can't rely on just a few of us to keep an eye on things. We do have some rules and regulations now, but they're not perfect enough. We need to learn from large food factories and refine our rules and regulations accordingly.

This is one point.

Secondly, how do we implement these rules and regulations? We now need to establish our own management system.

With more people involved, we've divided into groups, but no group leaders have been officially appointed yet.

After the New Year, Xiaohu will set up these management systems.

Those who are excellent and hardworking should be rewarded, while those who slack off, lack organization, or are undisciplined should be punished, with serious cases resulting in expulsion. This rule must be established.

Third, our sales will decline significantly after the Spring Festival. Firstly, people won't have as much demand, that's one point. Secondly, we can no longer continue the practice of buying two pounds of pastries with one pound of grain coupons.

This will also cause our revenue to decline.

Therefore, we must now win through quality. Our products must be innovative.

Our plan to recruit pastry chefs needs to be put on the agenda.

We need not only pastry chefs, but also retired managers from large state-owned factories, or anyone with a special skill.

Look, we don't have a repairman yet.

All our equipment is new, so the importance of repairmen cannot yet be fully realized.

We'll need repairmen to keep running.

As the weather gets warmer, food shelf life shortens, and unsold food will spoil, resulting in lost costs…”

After Song Yan finished explaining all the issues he had considered, Du Yu asked him, "Are you studying Traditional Chinese Medicine?"

Song Yan replied affirmatively, "Of course I study Traditional Chinese Medicine! So I'm leaving these troublesome matters for you to consider."

Then, everyone divided the money and took it home for the New Year.

After discussing the issues at the food factory, they went home and began discussing the roast duck workshop.

On the other side of the roast duck workshop, the villagers who had initially had some ideas have now given up. This is because the workshop has started recruiting veterans, and they can no longer rely entirely on people from their village.

Moreover, these former soldiers were all quite burly. From now on, they would be the workshop's security guards, essentially the security department. Fighting against people like that was definitely out of the question. They'd also put aside any ulterior motives they might have had.

This time, the roast duck workshop didn't send six people, but eight. Two of them were his brothers who came along, wanting to see the world. Xiao Hu needed help, so he stayed on.

After the New Year, a few people will be selected to go to the food factory.

Xiao Hu's plan for the development of the roast duck workshop is to discuss the land lease issue with the village after the Chinese New Year.

Once the land lease issue is resolved, the roast duck workshop will no longer need to worry about any actions taken by the village.