Chapter 354 Let’s go and meet Lu Yuanze



Gu Min is now adept at running the Shiweiji shop and raised the issues that she had considered.

The person who most wanted to open a branch in Wangfujing was undoubtedly Su Changyao.

He Ting and the others were considering the possibility of opening a branch in Wangfujing, and Su Changyao once again tried to convince everyone.

"Opening a shop in Wangfujing, the store's revenue is not a problem. Our Shiweiji braised dishes are very popular among old customers. Recently, many old customers have come to the shop to place orders for various banquets, but due to insufficient staff and limited space in the back kitchen, we cannot accept so many orders."

"Once the branch opens, we will be able to handle these orders when we have enough staff in the kitchen."

"Coupled with the flow of people in Wangfujing, the store's revenue is almost guaranteed."

Gu Min still has a different opinion: "Xiao Shen and Weiwei mean that Shiweiji needs to expand its stores in the future, so the issue of capital and investment costs must be taken into consideration, because Shiweiji will open more than just one branch in the future."

"If the speed of making money cannot keep up with the speed of opening stores, what will happen to the capital investment?"

Gu Min is a conservative and doesn't dare to take too big a step.

Of course, as a sister-in-law, Lu Baiwei and He Ting accounted for a large proportion of the capital cost invested in Shiweiji, so she had to consider everything for her younger brother and his wife.

If they keep opening branches, does that mean He Tingweiwei will have to keep investing?

In addition, she has selfish motives.

Wei Shuhua asked her to help convey the old man's intention. She put forward the issue of the cost of opening a store. If Weiwei He Ting planned to continue expanding Shiwei Ji, he would have to consider the issue of capital investment.

If Weiwei is worried about the funds for store development, then she can tactfully express Mr. He's opinion of Ye Xiangling, so that she can complete the task assigned to her by Wei Shuhua.

Gu Min only knew that Ye Xiangling gave He Ting and Lu Baiwei a sum of money, and knew nothing about He Ting taking antiques to Liulichang in exchange for a large sum of money.

She also didn't know that Lu Baiwei had some money to back her up. She always thought that Lu Baiwei was using the dividends from Shiweiji to start her clothing business.

Little did people know that as a person who was reborn, Lu Baiwei could expand branches without spending any money and open Shiweiji restaurants in every corner of the capital.

“There is no problem of making money faster than opening stores.”

Lu Baiwei expressed her inner thoughts: "Because opening a branch does not require any capital investment and can still make money."

no!

What is she talking about?

Not to mention that Gu Min thought there was something wrong with his ears, Tang Yuanyang and Zhou Yanfeng were also dumbfounded.

Even He Ting and Shen Junqian, the two smartest ones, and Su Changyao, whose ancestors ran a restaurant, were surprised.

No need to invest money?

Can you still make money by opening a branch?

Is this what you mean?

Everyone thought they had heard it wrong or there was something wrong with their ears, but Lu Baiwei nodded firmly.

"We need to develop Shiweiji in the shortest possible time and open branches in every corner of Beijing. We want to develop chain stores."

Gu Min asked Lu Baiwei what a chain store was, and everyone was waiting for her answer.

Lu Baiwei continued, "Let others pay to join our Shiweiji, and they can open their own store. We will provide braised dishes and rabbit meat cooked food."

“This model is a chain franchise store.”

Knowing that not everyone in this day and age understands the term franchise, Lu Baiwei took out a piece of paper and wrote as she spoke, telling everyone in detail what a franchise store is.

Then a detailed explanation was given about the income of franchise stores.

"We develop franchise stores and provide stewed rabbit meat and cooked food. Our income comes from two sources. One is the franchise fee that others pay to use the name of Shiweiji. This is the first income."

"The second source of income is the money earned from selling braised dishes and rabbit meat."

"Of course, after I say this, you will definitely ask, will our profits be reduced if we sell stewed rabbit meat and cooked food to these people who open their own shops?"

“Yes, the profit is reduced, but we can increase the volume.”

"For example, the current Shiweiji has a daily turnover of 1,000 yuan. If we open a franchise store, and there are ten franchise stores under Shiweiji, then if each store makes 1,000 yuan, then the ten stores will make 10,000 yuan."

"Then even if our profits become thinner, if we only earn 20% of the 10,000 yuan in net income, that would still be 2,000 yuan, which is more than the current turnover of 1,000 yuan."

"And we can control the budget cost of raw materials, so the profit is more than 20%."

Lu Baiwei continued to draw diagrams and explained, "For example, if we want to provide large quantities of braised dishes to our franchise stores, then we need to purchase more meat from slaughterhouses. If the quantity is large, can we lower the price with them?"

"We can even skip the slaughterhouse and buy livestock directly from where they are raised, thus reducing procurement costs."

"The purchasing cost is lower, and the price of braised rabbit meat and cooked food provided to franchise stores is the same, so the profit has increased."

Lu Baiwei held the pen and talked eloquently. Regardless of whether others listened carefully or not, He Ting and Shen Junqian, two students from the Economics Department, were fascinated by what she said.

I didn't expect there is such a way of doing business.

Lu Baiwei told He Ting and Shen Junqian: "The advantage of this model is that you don't have to go through all the tedious details of opening a store. We have been investing money to open branches, but we have to solve the problem of purchasing large quantities of meat, and also the problem of making stewed dishes and cooked rabbit meat in batches."

"Of course, if we operate according to this model, we need to provide a reference for franchisees in our flagship store, and then there should be rules and constraints on store management, and the cooperation requirements for franchisees should also be taken into consideration."

"I think the above points should not be difficult for you and Brother Shen."

Lu Baiwei said this to He Ting and Shen Junqian.

She suggested: "Master Su should have some unique insights in running a restaurant. If you think my business model is feasible and can expand Shiweiji in the shortest time, then you can discuss the specific details with Master Su."

"Also, if you have any good suggestions, you can also put them forward."

"Weiman Clothing has been very busy recently. As for Food Taste Record, I will only provide you with a business model for your reference. I will not be responsible for the specific business matters."

"Many hands make light work, and everyone is thinking hard to contribute to the development of Shiweiji."

Lu Baiwei is indeed very busy. In addition to running Weiman Clothing well, her main focus will be on cooperating with Gu Chuanbai on traditional Chinese medicine.

After finishing the work at Shiweiji, the specific management matters of the chain of braised food stores were handed over to He Ting, Shen Junqian and Su Changyao for discussion. Lu Baiwei came to Jishidiang to find Gu Chuanbai as agreed, and then they took a bus together to a house near Shichahai.

"Lu Baiwei, why don't you leave?"

Walking with Gu Chuanbai in a quaint alley, Lu Baiwei stopped when she looked at the house number.

Gu Chuanbai, who was walking in front, turned around and called her.


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