The company just lost more than 500,000 yuan and invested a lot of money. It is hard to say whether it can make a profit.
Wu Bingwen gave up the job now, which was a bit shameless.
But Mrs. Wu has seen all kinds of storms, so why can't she cure him?
"It's fine to let Bingcheng be the general manager. But before you step down, you must first balance the company's accounts."
In the past two years, the company has indeed made money, but all the net profits have been distributed as dividends.
The loss this year was in working capital.
The company's current net profit is -510,000 yuan.
Wu Bingwen understood the meaning of balancing the accounts, which meant that he deposited 510,000 yuan out of his own pocket into the company account.
"Mom, all my working capital has been invested in the company, and I've also borrowed a lot of money. I can't balance a debt of over 500,000 yuan."
Old Madam Wu swept her sharp gaze over Wu Bingwen and said, "If you can't level it, I can help you."
Wu Bingwen immediately changed his expression, a flattering smile appeared on his face, "Mom, you have money! Why didn't you tell me earlier? I was worried for nothing."
Mrs. Wu smiled meaningfully. "I don't have any money, but I can sell the antiques, gold and silver jewelry, and other things in my house for money."
Wu Bingcheng was about to stop him but his mother waved her hand to stop him.
Wu Bingwen smiled and said, "That's so embarrassing! Asking you to sell the property under your own name..."
Mrs. Wu pointed to an antique vase in the corner of the living room and said, "You misunderstood. When I said I'd help you settle your accounts, I meant helping you sell the house and antiques that are in your name. Not mine."
Wu Bingwen completely lost his composure and exploded, "I disagree! The company's loss of profits is not solely my responsibility. I consulted you before I purchased that batch of goods, and you agreed at the time."
Wu Bingcheng couldn't help but feel sorry for Chu Xuan. "When Xiao Xuan heard that the Wu family needed money, he immediately offered his high-quality amber. But you, my dear brother, refused to sell any of your antiques. You kept your antiques to appreciate in value, and Xiao Xuan's amber could have appreciated in value too!"
Wu Bingwen looked annoyed, "Wu Bingcheng, could you please stop adding fuel to the fire? I'm talking to Mom now, it's not your turn to butt in!"
"Alright! Shut up! Listen to me! Wu Bingwen, I'm giving you two choices. The first is to write an IOU to Xiaoxuan and have it notarized by the relevant authorities tomorrow. The second is to resign as general manager, sell your villa or antiques and paintings, and transfer 510,000 yuan to the company account."
Faced with the two choices given by his mother, Wu Bingwen rejected them from the bottom of his heart.
"What if I don't choose either?"
Old Madam Wu stood up and said, "I'll help you sell your property. Bingcheng, call the auction house and make an appointment immediately!"
Wu Bingwen stiffened his neck and said, "As long as I don't agree, no one can sell my property!"
Old Madam Wu sneered, "Don't forget that this villa is still under my name!"
Wu Bingwen looked incredulous. "Impossible. I sent someone to transfer the ownership, and I signed it at the time."
Mrs. Wu looked very disappointed. "That's right. I forgot to tell you that I had something urgent to do on the day of the transfer and couldn't make it to the transfer hall to sign. So, up to now, the transfer hasn't taken effect. Everything in the villa is mine. Not yours. Now I order you to move out tonight!"
"I won't move! Mom, why are you so biased? For the sake of a step-granddaughter, you gave me two choices: dismiss me from my position as general manager and kick me out. If your three biological grandchildren knew, what would they think of you?"
"My three grandsons will definitely understand my approach. If they don't, they have no right to inherit the Wu family's company! Don't forget that I have a veto in the company!"
Wu Bingwen looked around the villa. There were quite a few antiques in it. If they were really sold, they could fetch at least half a million.
As long as he wrote an IOU of 250,000 yuan to Chu Xuan, he could keep the villa and antiques, as well as his position as general manager.
His greatest strength is his adaptability. "Mom, I was wrong! I chose the first option. I'll write Xiaoxuan an IOU for 250,000 yuan."
Find a pen and paper as quickly as possible and start writing.
After finishing writing, sign and put your fingerprint.
Mrs. Wu sat back on the sofa and said, "Take the IOU to the notarization tomorrow morning."
"I'll do whatever you say." Wu Bingwen handed the IOU to Old Lady Wu for her review.
Old Mrs. Wu didn't take it. She winked at Wu Bingcheng, indicating that he should take it and have a look.
Wu Bingcheng understood and took the IOU. He carefully read the contents and confirmed that there was no problem. "Mom, are you staying here today or coming back to my place?"
Mrs. Wu patted the armrest of the sofa. "I'll stay here until your eldest brother pays Xiao Xuan back the 250,000 yuan. Go back now! I'll pick up your eldest brother tomorrow morning to notarize the IOU."
"OK."
Wu Bingcheng left with the IOU.
On the way back, I couldn't help but think about my brother's face.
Fortunately, my mother did not transfer the property to my eldest brother's name, otherwise I would not be able to control him.
He will never help his elder brother borrow money again.
As for the family company, he needs to think carefully about whether he will get half of it in the future.
It would be better to divide some property as soon as possible and start your own business.
He suddenly felt that it would be easy to fall into a trap if he co-managed the company with someone like his elder brother.
His mother lived in the villa, so he was not worried that his elder brother would do anything bad to her.
If anything happens to his mother, according to the local law, the villa and the antiques will have to be divided into two and half will be given to him.
The eldest brother can only get the other half.
If my mother were still alive, she might transfer all the property to my eldest brother.
In fact, before tonight, he also thought that the villa had already been in the name of his eldest brother, but he didn't expect that his mother had kept a trick up her sleeve.
At this moment, Wu Bingwen was diligently serving water to Old Lady Wu for washing her feet. "Mom, I was confused just now. Please don't be angry with me. I'll wash your feet for you."
Old Mrs. Wu rolled her eyes at him. After all, he had just been calling her "what are you doing?" and now he was calling her "you" again.
The faces change too quickly.
The eldest son was not like this before. He used to be very filial to her and was always concerned about the family business. When did he start to be so two-faced?
It should have started when the company's net profit reached 500,000, right?
The eldest son never took the initiative to mention giving dividends to the second son.
She never mentioned it because she was dissatisfied with her second son's marriage.
At this moment, she felt that she owed her second son a lot.
Over the years, he did not give any dividends to his second son, but only gave him connections and resources.
"Bingwen, your brother hasn't made no contribution to the company. His greatest contribution is that he didn't compete with you for power. If he had, and we took turns as general manager, he would have received at least a hundred thousand in dividends. But he didn't, and all that money went into your pocket. But you didn't cherish it, spending it all on your family's food, drink, and pleasure. Now that the company is struggling with cash flow, and you can't come up with any money, you're borrowing from everywhere. Isn't it time to reflect on this?"
Old Mrs. Wu spoke with great sincerity, but Wu Bingwen just swallowed her words.
I don't want to listen to my mother's nagging.
But he didn't dare say it.
He didn't even dare show it on his face.
I could only pretend to be very happy, "Thank you, Mom, for educating me! I will definitely reflect on myself. Let me wash my feet first! The water will be cold soon."
Trying to help.
My mother stopped me, "I can do it myself. You go and rest!"
"After you wash up and lie down, I will go to rest."
"Alright!" Mrs. Wu was about to take off her shoes when she suddenly felt a little uneasy in her heart. "Call an ambulance for me..."
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