Chapter 176 Please Come Back
After a moment, a figure entered the main room.
She is short and has a round face. Her appearance and dress are exactly the same as Hong Qiuyan, except for a black mole on the right cheek which can serve as a distinguishing mark between the two.
These two sisters are actually twins.
Before Su Yujin could sigh, Hong Qiuyue spoke first, "This loom is what supports my family's livelihood. I won't sell it. You guys should leave now."
Su Yujin was not discouraged by the rejection. Instead, she smiled and said, "Miss Yue, why don't you listen to the price I can offer first?"
"No matter how much money you give us, it's a fixed amount and will eventually be spent. But this loom is different. As long as it's in our hands, it can make money for us and we'll always have money to spend."
Hong Qiuyue said solemnly, "We are not those prodigal daughters who sell their wealth just for a little money, so forget it!"
Hong Qiuyan also nodded, "My little sister is right. This loom at home was modified by me and my little sister. This loom can now help our family earn three taels of silver a month, and forty taels of silver a year. It can not only support our family of four, but also be enough to buy medicine for grandma, and even help my little brother save some money for him to marry in the future."
"Forty taels of silver a year means four hundred taels in ten years. Considering our ages, we can weave cloth for another forty years without any problem, which will be one thousand six hundred taels of silver. If this loom is passed down to the next generation, it will be able to earn two to three thousand taels of silver for our whole family."
"If Miss Su can pay two or three thousand taels of silver to buy this loom, so that we can have no worries about food and clothing in this life, we can consider it. If Miss Su can't, then there is no point in discussing this business."
Two or three thousand silver coins...
From buying the shop to opening it, Huibinlou only spent more than two thousand taels of silver. The farm managed by Niuzhuangtou was not much more than this.
But these two places bring Su Yujin rich returns every year.
Although the improved loom can be considered a good business opportunity and can generate considerable profits if done well, the investment in buying a loom alone for two or three thousand taels is too huge, not to mention other investments. The profits are not enough to support such a huge risk.
Su Yujin thought for a moment and smiled, "I certainly won't pay two thousand taels to buy the looms in your hands."
It is true.
Hong Qiuyan and Hong Qiuyue looked at each other and bowed to Su Yujin. "In that case, Miss Su, please go back..."
"But this doesn't mean that I can't help you two make so much money." Su Yujin interrupted them.
When the two sisters heard Su Yujin say this, they looked at each other in surprise.
"Miss Su, what do you mean by that? Miss Su is unwilling to spend so much money to buy a loom, so why do you say that we will earn so much money?"
"Please listen to me carefully."
Su Yujin cleared her throat and said slowly, "I bought this loom to open a weaving workshop. I won't pay that much to buy it, but I will pay one hundred taels of silver every year as the exclusive use fee for the loom."
"When I pay the fee and use it exclusively, I will make a new loom based on the design of your looms. Your looms may no longer be sold or rented to anyone else, but you can continue to weave and sell them, and continue to earn your three taels of silver every month. You can still earn nearly forty taels of silver a year."
"In this way, in addition to the 40 taels of silver per year, you can also get an extra 100 taels of silver from me every year. In ten years, it will be 1,000 taels, and in thirty years, it will be 3,000 taels. As long as my weaving workshop is open, you can continue to make money. In the long run, if my weaving workshop is open for a hundred or two hundred years, you can make 10,000 or 20,000 taels of silver. Isn't it a good deal?"
The two sisters looked at each other, and Hong Qiuyue frowned and asked, "You just said that you bought this loom to open a weaving workshop. If your weaving workshop business is booming, will my family's business be unable to continue?"
“This is the second point I want to make.”
Su Yujin said, "It takes a few years for a normal business to start making money from planning to scale. We can sign a 100-year agreement for this loom. In the first year, I will pay you 100 taels of silver per year for exclusive use. From the second year onwards, I will pay you 150 taels of silver per year, which is 10 taels more than what you normally earn."
"If my weaving workshop fails and the exclusive use fee for this loom is no longer renewed, you can authorize it to someone else next year so that you can continue to make money. But if you want to sell it to someone else midway, you must bear all the losses of our weaving workshop and pay us all the exclusive use fees for the past 100 years as liquidated damages."
"In this way, you can still make money continuously, and your life will be easier. You still have a loom to weave cloth yourself, and you don't have to worry about running out of money. How do you do it?"
As for Su Yujin herself, she was able to initially obtain the technology for improving the loom at a relatively low cost, greatly reducing her investment costs.
Moreover, this model, although it looks like leasing, is similar to a buyout. As long as the liability for breach of contract is clearly stipulated, there is almost no risk of technology leakage.
Sisters Hong Qiuyan and Hong Qiuyue looked at each other again, and the two of them huddled together to calculate carefully for a long time.
If you take it literally, it is indeed a way to make money continuously. One hundred taels of silver every year is enough for their family to live a comfortable and affluent life.
Moreover, the two of them can continue weaving and earn some money to supplement the family income, so they don't seem to be idle all day long.
only……
Hong Qiuyue asked somewhat anxiously, "Miss Su can really afford to pay one hundred taels of silver every year?"
One hundred taels of silver, in her opinion, was not a small amount, especially since she had to pay it for so many years.
"Of course." Su Yujin nodded. "If you don't believe me, I can send the hundred taels tomorrow. However, this is premised on me confirming that your loom is indeed efficient and easy to use before I can do business with you."
"As long as the goods are good, money is not a problem. To be honest, this Huibin Building in the county town is my property."
"So that's why. No wonder he is so wealthy." Hong Qiuyan grinned.
He wanted to sign a 100-year agreement, regardless of whether the weaving workshop business could be successful in the future! Huibinlou was well-known in Qinghe. The two sisters felt more at ease after hearing this. They no longer had any doubts and took Su Yujin into the east wing to see the loom.
You don’t know until you see it. After seeing it, even Su Yujin was shocked.
The next chapter will describe the improved loom, which is purely fictional in terms of technology. It is a certain fiction based on Huang Daopo's improved loom and spinning machine. Please don't be too picky. Thank you~ (End of this chapter)
Continue read on readnovelmtl.com