Chapter 199 I don't feel comfortable taking this money, how about I kneel down for you again?
Ma Yuan looked at the assistant's excited expression and asked in confusion: "Who called you? What does he do?"
He knew that anyone who could call Spark Records now was either here to collect debts or to commit fraud, and there was no chance of any good thing happening.
The company's financial crisis was no longer a secret. The news, which had spread from somewhere, alerted all the creditors.
They pestered him like flies, calling him non-stop to urge him to pay back the money or deliver the project.
Even a company that was doing well would end up going bankrupt if it encountered a run on the bank, not to mention Spark Records, which was already a dying candle in the wind.
Out of sight, out of mind. After receiving countless calls like this, Ma Yuan couldn't stand the harassment anymore and simply handed it all over to his assistant.
If you can delay it, delay it; if you can't delay it, make excuses.
In short, there is no money to be had, and if you push them into bankruptcy, you won’t get a single cent.
After a company goes bankrupt and is liquidated, the first thing to be settled is the employees' salaries, followed by the banks, and finally their creditors.
The assistant shook his head and said, "Boss Ma, they said they are interested in acquiring our company and hope to find some time to come and inspect it."
What? Acquisition intention?
Ma Yuan's first reaction was not happiness, but confusion and suspicion.
First of all, there is no need to explain what Spark Corporation is. There is absolutely no hope of making a profit from the acquisition.
Secondly, the acquisition intention sounds like a big deal.
Don't let people who come to inspect be scared away by the negative and dilapidated atmosphere of your company.
But now the company is in a state of decay and waiting to die, and there is absolutely no hope of escaping it by relying on itself.
What if there really is a sucker willing to buy this mess?
Let's try our best to save the situation.
Ma Yuan nodded slightly and asked, "Did anyone over there say who they are?"
"Boss Ma, I know that guy. His name is Lin Cao. We had dinner together recently!" The assistant's hands were shaking with excitement. "He is a veteran employee of Yue Mansion. He recently switched to Kuiguang Group. I heard that his position is not low. It shouldn't be fake!"
"Kuiguang Group?!" Ma Yuan, who originally thought that this matter had little hope, stood up from his chair, surprised and happy, "Are you sure? Are you sure that their company really has the intention to acquire you, and is not just bragging to you?"
In today's Jinhai City, who among those doing entertainment-related business doesn't know about the Kuiguang Group?
How many people are scrambling to get a job there, and how many companies are rushing to sign cooperation contracts with them?
The qualifications of Kuiguang Group are a bit shallow, and the vision and cooperation threshold are also very high, but it can't resist the money! Is this Lin Cao really qualified to decide such an important matter?
"It's true, Mr. Ma... Lin Cao said that their boss has made a preliminary decision!" The assistant nodded vigorously, looking even happier than Ma Yuan.
It’s not that he is loyal to Ma Yuan, but because as a creator, only Sparks Entertainment can provide him with a relatively stable creative environment.
If the company goes bankrupt, it is hard to say whether he can find a buyer.
As for the boss's assistant...
As a small, informal company that is desperately pursuing cost reduction and efficiency improvement, it is normal for one person to take on multiple roles.
To be honest, he had no good feelings towards this opportunist who knew nothing about music, liked to give blind instructions, and liked to shirk responsibility when things went wrong.
"That's great, that's great." Ma Yuan paced back and forth in the office excitedly. "Well, you should quickly notify everyone in the company to put down everything they are doing and cheer themselves up."
"Organize all employees in the company to do a general cleaning!"
The survival of the company depends entirely on this acquisition!
…
A few minutes ago, Kuiguang Group, Lin Cao’s office.
"Well, that's the way it is. But I can't guarantee anything. You should prepare well and try to show your strengths. Don't hide or fabricate your weaknesses. Don't treat Mr. Yang, who built such a big company in just one year, as a fool."
As soon as Lin Cao finished speaking, a burst of ghostly howling came from the other end of the phone: "Brother Lin, Master Lin, you are so good to your brothers, I have no way to repay you!"
"Don't be disgusting. Just remember to treat me to a nice meal later."
"Just a big meal is not good, should I kowtow to you three more times?"
"I don't want to waste my time talking to you. I'm hanging up now." Lin Cao felt a little embarrassed, but at the same time he couldn't help feeling a little emotional.
If I hadn't made up my mind and sent my resume to Kuiguang Group, what would my situation be like today?
He won't be unemployed, but he will probably just get a not-so-high salary and hone his experience in the live streaming industry, which is already on a downward trend.
Fortunately... I made the best choice.
Unwavering opposition to the Moon Palace!
Lin Cao hung up the phone, printed out the organized information about Spark Records, and returned to Mr. Yang's office.
"Boss Yang, these are the documents. Would you like to take a look?"
"Put it here." Yang Ruoqian stared at the computer without looking up.
Lin Cao nodded, put the documents neatly in a place where they would not affect Yang Ruoqian's work, and stopped disturbing his boss's work: "Okay, Mr. Yang, you can call me anytime if you have any instructions."
Having said that, he left the office.
Yang Ruoqian, who was following the latest episodes of "The Voice of China", was leisurely watching movies, drinking tea and eating snacks, and did not look at the information on the table for the time being.
Suddenly, accompanied by a slight knock, the office door was pushed open.
There is only one person in the entire company who can enter the office without waiting for President Yang's approval.
"What's the matter, busy man? Is there any problem with the acquisition of the company?" Chang Zhiqing walked into the office, took the information sent by Lin Cao, and glanced through it.
Yang Ruoqian reluctantly moved his eyes away from the computer screen and nodded gently: "I don't know much about their company, can you help me tell about it."
Acquiring Sparks Corporation is the top priority right now. As long as we can stabilize the operations of this bankrupt company and maintain the status quo, it will be a stable loss-making project that can be solved once and for all!
"I think they are just a broken ship." Chang Zhiqing sighed, sat down casually, and muttered, "It's a private company with five shareholders. Excluding security guards and other personnel, there are a total of 45 employees on duty."
"I have written many niche songs and some catchy songs... I made some money from copyright. Now my main source of income is individual customers from various channels. Some are just for fun, and some are small singers who have no money and can only ask them for help."
"There is almost no user stickiness. Whether you can make a living depends entirely on luck, and the profit model is extremely unstable."
Listening to Chang Zhiqing's introduction word by word, Yang Ruoqian was secretly amazed.
Traditional anchors rely on audience tips to earn income, which is already very unstable, but at least the anchors will have some loyal fans who will pay for their love no matter what.
It sounds like Sparks Company has no repeat customers at all.
Being able to accomplish things to this extent is a kind of ability.
An ability that made Yang Ruoqian jealous from the bottom of his heart.
"As time goes by, the copyright income of old songs has gradually decreased. In the past three months, the revenue has fallen below 30,000. Individual customers are their mainstay industry now, but due to traffic problems, the source of customers has decreased a lot, resulting in a cliff-like decline in revenue."
Yang Ruoqian probably knew why this record company recently announced that its capital chain was about to break.
It turns out that the pillar industry collapsed...
"What about the cost? What is the current operating cost of their company?" Mr. Yang, who was becoming more and more satisfied with the company, asked again.
Chang Zhiqing flipped a page of the information in her hand, glanced at it, and said, "There is no accurate number for this, but Lin Cao still helped us make an estimate."
"The rent of the office space is about 12,000 yuan per month, the labor cost of employees is about 150,000 yuan, the bank loan interest is 50,000 yuan per month, and other miscellaneous expenses are combined together, and it is estimated that there are 10,000 to 20,000 yuan in costs. The total will not exceed 250,000 yuan."
45 employees, labor cost only 150,000? !
The average monthly salary per person is 3333? And this is just the average. The salary of some managers must be much higher than the average.
In other words, there are probably many people in Sparks who are barely making ends meet with a monthly salary of 2,000 yuan.
this……
Even though the company can only make a loss of 250,000 yuan a month, it has a lot of room for improvement! All employee salaries and benefits should be aligned with those of the Kuiguang headquarters, the office should be changed, all cost-cutting and efficiency-increasing strategies should be abandoned, and the cost of music production should be increased...
It now appears that the record company does not have much risk in profitability.
Just raise the cost as much as possible without affecting the overall framework.
Yang Ruoqian thought about it and asked again: "What procedures are required to acquire a company? What should I pay attention to?"
"Oh... I almost forgot that this is the first time for a big boss like you to acquire someone else's company." Chang Zhiqing said jokingly, "In fact, acquisitions are still quite risky, especially for this company you want to acquire."
"Please tell me in detail. What are the risks?" Mr. Yang perked up.
From a probabilistic perspective, the more risks the better!
There are too many mines, and one of them will explode.
"First find a professional accountant to check their accounts, at least to make sure there are no cases of misappropriation of funds or running away with funds."
"There is also the depreciation of their assets - various equipment. We are not professionals and we certainly don't understand it. We certainly can't just depreciate it the way they say it will. We need to ask professionals to do an assessment. If we decide not to acquire it in the end, it will be another investment with no return."
"However, Sparks is in such a bad state right now that they probably can't find any other buyers. Their largest shareholder, Ma Yuan, should be anxious to sell the company to us in order to get out. We have the initiative in our hands, so the purchase price won't be very high. We can get it for at most 200,000."
"Only 200,000?" Yang Ruoqian's tone was filled with disappointment.
How come acquiring a company seems like a small deal, costing only a few hundred thousand or so, without any sign of lavish spending of huge sums of money?
How can a mere few hundred thousand be enough to fill the huge profit gaps today?
It won’t be long before the huge sponsorship fees from the e-sports team’s sponsors are deposited into the company’s account…
Chang Zhiqing flicked the documents in her hand with her fingers and raised her voice slightly: "Although the number of 200,000 is small, Kuiguang Group will inherit all the debts of Spark Company!"
Now that the two are together, as the boss's wife, she has to be careful about the company's wallet.
"He owes so much money outside. Even if we don't pay a penny, the actual cost will be huge."
"The reason why Ma Yuan is trying his best to prevent the company from going bankrupt is very simple. After all, if he delays for one more month, he can legitimately take one more month's salary from the company's finances and suck more blood out of the company."
"Until the company could no longer pay a single cent of wages, he would set a very high depreciation price for the company's pile of junky assets and distribute them to employees to offset their wages. This not only inflated the prices, but also saved the cost and effort of selling second-hand equipment."
Yang Ruoqian's eyes couldn't help but be dazed as he listened to Ma Yuan's creative approach.
Isn't this a good way to save money and cut costs? How could the company be in such a mess? Is it possible to make a loss also a matter of talent?
With such strong operational capabilities, the company can still make huge losses every month... This shows that Sparks has great potential and there are still many losses to be made, but it will not affect the main business and will not affect the development of projects within the company's framework.
Chang Zhiqing mentioned a few other details, but Yang Ruoqian listened rather perfunctorily.
He has already decided to acquire this company! Chang Zhiqing was very observant. After seeing that Yang Ruoqian was not listening carefully, she put the information in her hand back on the table and nodded, "That's the general situation. Do you want to go and investigate it yourself?"
Yang Ruoqian smiled and said, "Of course we will go. We have already made an appointment. I will go with Lin Cao."
"What's the point of making an appointment?" Chang Zhiqing was a little dissatisfied with her husband's careless attitude and frowned slightly, "Be prepared in advance. Even a shabby company can give you a glamorous scene for a few days. You have to do a surprise inspection."
A surprise inspection?
It’s not impossible.
Although Mr. Yang doesn't care much about whether Spark Company will do face-saving projects, it would not be a bad idea to understand the real situation and see how rotten his subsidiary is.
What if this company is all rotten on the outside but rich on the inside?
Mr. Yang, who was not confident about his luck, agreed with Chang Zhiqing's suggestion: "Okay, arrange two inspections. Lin Cao will go for the first inspection, and I will go for the second inspection. The time interval should not be too long, one day will be enough."
The first day after the face-saving project is completed is the best time to reflect the true situation of a company.
Chang Zhiqing nodded with satisfaction: "Okay, then I'll go and make the arrangements. Take care of yourself."
Mr. Yang, who couldn't wait to recruit a powerful general, added: "Let's arrange the date for this week, as soon as possible."
Gods erode reality and demons seduce the world.
But they soon discovered a problem.
The King of Hell who was rampant in the world suffered from mental torture. One day, he knelt in agony at the entrance of the shelter: "Ah! I am going crazy. No matter where I hide, he will find me. Please, take me in quickly."
Hercules cried every day in the hospital: "Doctor, is there any hope for me? That little bastard kept opening my skull with a glowing hammer every day."
The Mother of Night gnashed her teeth and said, "He is really bullying God. There is no privacy at all. Now I dare not turn on the light when taking a shower."
Qiao Yuan held the hammer of fate in his hand: "Don't talk nonsense, I didn't see anything."
(End of this chapter)
Continue read on readnovelmtl.com
