Song Yan glanced at Xiao Hu, thinking, "Today I'll show him what it means to be in a dominant position." He continued, "I plan to hand over decision-making power to my younger brother, Xiao Hu."
But he's a man, and he's dealing with several of us women, all because he calls us "sister-in-law." He can't easily back down, so I'll speak for him.
In their eyes, Song Yan was a student, but now that she has spread out her account books, she exudes the aura of a professional woman.
"Let's talk about investing money first."
It's all clearly written in the accounts.
Our first shipment consisted of 20 tons of wheat, 10 tons of soybeans, and 500 jin of eggs.
You all know how to do accounts, right? Calculate how much these two batches of grain cost.
All our capital combined wouldn't even cover one-tenth of the cost of this shipment. This grain was purchased on credit in my personal capacity.
You hold 10% of the shares, so it's only right that you contribute 10% of the capital. I wonder what your initial investment for that 10% share should be?
And that's not all.
To increase profits, Xiaohu started baking and selling cookies. We didn't have our own space, so we used Xiaohu's workshop, and the oven cost was also paid for by Xiaohu.
And those who sit down to share the profits are all of us.
Xiao Hu said that since this is our first collaboration, aren't we losing out by bringing out so many goods?
Wei Aiguo insisted on these, thinking that if anyone felt they were getting less than their fair share, this would give him the confidence to speak up.
And it actually happened.
Whether you plan to make further investment depends on what I say next.
Reforms are being promoted now, and the environment in all aspects has loosened, but it's not yet time to openly engage in buying and selling.
Even now, when we're making these baked cookies, it's all done secretly.
If I'm going to do something, it has to be legal.
They were all listening attentively to what Song Yan said. How could doing business be made legal?
Right now, it's all just talk, but there are no concrete measures.
"Here, take a look. This is the agreement that Xiaohu and I are going to sign with Gao Guohua, the director of the Sandao Street Subdistrict Office." Song Yan showed them the agreement.
The leopard exclaimed in surprise, "You can do that too?"
“Setting up a factory in the name of the subdistrict office means it is a collective enterprise and is permitted.”
We solved the problem for the neighborhood committee, and they gave us a legitimate status.
Moreover, the factory premises were rented in their name.
We only added one clause: when our workers receive benefits, their neighborhood office staff also enjoy the same benefits.
This is no longer a small workshop; it's more like a small food processing plant.
"If you're willing to include this project in our invested business, then it belongs to all of us. If you don't agree, then this business belongs to Xiaohu and me, and we don't need to discuss anything further."
"If you're willing to let me invest, of course I'm willing. It's just that renting the factory and all that costs money, and I don't know how much more I'll need to put in. I'll have to see if my family has enough," Du Yu said.
Du Yu's calculations were simple. Even if he only made 5 cents per pound of grain from 30 tons of grain, that would still amount to a lot of money. Doing business is risky, but you can still make money.
Pan Lanlan only realized it after she was behind. "That makes sense!"
"How much more money do you need? Let me check if we have enough at home!" She had lost her earlier arrogance.
"Everyone, take a look at our accounts."
We produce about 100 jin of biscuits every day, and the profit per jin of biscuits is 4 mao (0.4 yuan), so we can earn about 40 yuan a day.
Our profit margin on each pound of wholesale flour is 15 cents. Soybean oil is 30 cents.
Look at that separate ledger; this is our profit after deducting income, expenses, and costs.
"More than 2,000? In such a short time?" Pan Lanlan exclaimed in surprise.
The same goes for Du Yu.
Song Yan: "This income, plus the money we invested, can be used as working capital for the time being."
Furthermore, I'm not in a hurry to supply the grain to others due to its cost.
The money can be held onto temporarily for later use!
Du Yu: "This won't do. It's like a business deal for everyone. You're using your personal connections to incur a favor."
Song Yan: Du Yu is a very insightful person.
Pan Lanlan: "I can't say for sure, but I can definitely come up with 1,000. Will the money I earn, plus the original costs, be enough?"
Song Yan: "Whether it's enough or not is a minor matter."
I want to confirm if you are willing to invest.
"If our business loses money after you invest, then no one will get their money back. Are you prepared for that?"
Du Yu and Pan Lanlan didn't hesitate much. They both said that making or losing money is inevitable in business.
They came because they also wanted to earn some money.
When Pan Lanlan speaks kindly, she's quite pleasant to listen to. She said that profits should be shared, and risks should be borne by everyone, and she has no objection to that.
Song Yan explained the terms of the agreement she proposed to everyone one by one.
1. Their business must be legal. They will not do anything illegal.
2. We can manage the assets under our name to cope with market risks.
All investments in which we subsequently generate profits will be considered part of our company's assets, meaning we can enjoy the profits proportionally and share in the profits of our company.
Our individual assets are not included in this.
4. Chang Xiaohu is the decision-maker in our operation and has decision-making power. My, Du Yu's, and Pan Lanlan's investment funds are only used for profit sharing.
5. Liability for breach of contract: Relevant assets may be forcibly frozen…
Song Yan listed about ten items at once.
Continue read on readnovelmtl.com
