It takes about 7-10 days for the bank to approve a commercial loan.
Seeing that the deposit would not be returned to him in a short time, Zhou Chuhan simply made an appointment to meet with his cousin.
After agreeing on a time and place, the two met in a cafe.
Zhou Chuhan was the first to explain the situation. "I bought financial products with my savings, so I can't withdraw them for now. I'll be able to lend you the money in about ten days."
Family disgrace should not be made public, so she made up an excuse and explained the time of payment.
"Thank you." Qian Yuchen said gratefully.
Zhou Chuhan said, "Don't thank me yet. I heard that you are borrowing money to start a business? Have you thought about what to do and how to do it?"
"I've thought about it!" After all, he was asking for money, so Qian Yuchen was reserved at first, not knowing where to put his hands and feet. When he heard the question, he immediately perked up and talked nonstop, "Life has been better in the past two years, and everyone has some spare money. Many people are too lazy to cook, so they go to restaurants and buy prepared food."
"I plan to open a delicatessen. I have already thought of the dishes. I will sell the most popular and best-selling ones, such as braised beef, sweet and sour spare ribs, braised pork ribs, fried chicken legs, braised chicken feet, mixed kelp, and cold lotus root..."
"I have researched the market before and found that this business has very high profits. As long as the food tastes good, it is unlikely to lose money."
As he spoke, Qian Yuchen's eyes sparkled.
It was obvious that he had made very detailed preparations beforehand, just waiting to gather enough start-up capital and then start work.
Zhou Chuhan asked again, "You have been working for several years, you should have some savings, why do you want to borrow money to start a business?"
Qian Yuchen showed a trace of embarrassment, and he stammered, "I have worked everywhere over the years, and there are many places where I need to spend money. I only have 20,000 yuan on hand at the moment."
"After renting a store and paying half a year's rent, there is basically nothing left..."
"I have also thought about saving money on my own and slowly accumulating start-up capital, but this takes time. After a few years, it is hard to say whether the cooked food business can still be carried out."
Zhou Chuhan fell into deep thought.
"I've done market research, I'm really confident!" Qian Yuchen hastily assured, "Let's take a step back. Even if the business fails, I'll find a job and save money in the future, and I'll definitely return the money to you!"
Zhou Chuhan smiled and said, "Cousin, don't worry. I'm just wondering if I should invest in the company."
She knew in her heart that given her cousin's character, if his business failed, he would return the money to her even if he had to sell everything he had.
"Invest?" Qian Yuchen was stunned.
"Yes." Zhou Chuhan said seriously, "For example, I contribute 40,000, and you contribute 20,000 and the technology, and we do business together and split the profits equally."
"If you are unlucky and lose money, the money will be wasted and you don't have to pay it back."
Qian Yuchen was stunned and couldn't react for a long time.
After figuring it out, he was overjoyed, "Are you willing to work with me?!"
Zhou Chuhan: "I haven't decided yet."
Without waiting for Qian Yuchen to ask again, she added, "Partnership is a big deal. Give me some time to think about it."
Qian Yuchen understood very well, "It's not easy to save some money, it's what I should do."
"Oh, by the way," Zhou Chuhan remembered something, "Can you make a small sample of the dishes that will be sold in the store in the future for me to try?"
In the catering industry, nothing is more important than taste.
This involves years of savings, so no matter how confident she is in her cousin, she still wants to try it first.
"No problem." Qian Yuchen agreed without saying anything, "I'll send it to you tomorrow night!"
Zhou Chuhan smiled and said, "Then I'll wait."
**
Zhou Chuhan was so happy chatting with his cousin that he neglected to remember something.
The next evening, when she returned home from get off work, she saw Zhou's mother's eyes were blazing with anger, her chest was heaving, and she was very angry.
"What happened?" Zhou Chuhan didn't react for a moment.
"The family has no money to help pay the down payment for buying a house, but Qian Yuchen is trying to start a business and I have money to lend to him. Zhou Chuhan, you are really capable!" Zhou's mother was furious.
Zhou Chuhan glanced at the dining table and found it full of disposable lunch boxes. She immediately understood what was going on - she forgot to mention it, and her cousin had the dishes delivered directly to her home without her knowledge.
Her mother saw it and found out from a casual question that she agreed to lend money to her cousin.
...Maybe he even knows about my plan to invest.
Zhou Chuhan had a slight headache, but she was not at all guilty. She said confidently, "My cousin was so good to me before. He would send us dishes every two or three days as soon as he said he liked braised pork with fermented lees. Now he is in trouble, what's wrong with helping him?"
"They are both troublesome!" Zhou's mother was even more angry. "They don't want to go to work, but they have to do crooked things. They have too much money, don't they?"
Zhou Chuhan rolled his eyes.
The truth should be explained to people who can communicate. Some people are stubborn and inherently incommunicative.
For example, her mother.
Because of her ability to study, her mother was able to easily get a job in a public institution after graduation. Not only was the salary high, but the benefits were also good.
I will be retiring soon, and my pension will be higher than that of employees in ordinary companies.
Therefore, her mother firmly believes that a person must study hard and take the civil service exam after graduation, only then will he have a future.
Things like starting a business are completely a waste of time and just throwing money into the river.
Zhou Chuhan knew that no matter what she said, she couldn't change her mother's old ideas, so she perfunctorily replied, "How can they be considered as crooked when they are doing business properly? That's too much."
"How many people start businesses and do business, dreaming of becoming big bosses, but how many succeed in the end?" Zhou's mother was angry and anxious, "What's wrong with you? Why don't you listen to advice? You have to hit a wall before you turn back, right?"
Zhou Chuhan: "Don't jump to conclusions. You won't know until you try it. If everyone is like you, denying everything before doing it, no one in this world will be able to succeed in starting a business."
Zhou's mother couldn't understand the young people of today. "It's obviously a trap, why do they have to jump in? There's no way to stop them?!"
Zhou Chuhan was too lazy to say more, so he found a pair of chopsticks and sat down to eat.
"Old Zhou, why don't you say anything to her!" Zhou's mother couldn't convince her daughter, so she hoped that Zhou's father would step in.
Father Zhou said without even looking up, "When we were working, how popular were textile factories? How about now? Public institutions and civil servants are the most popular."
"Thirty years in the east, thirty years in the west. Who can predict what will happen in the future?"
"Young people like to mess around, so just let them do what they want. Don't get involved all day long."
Mother Zhou: "..."
Which side are you from?
As he was talking, Zhou Chuhan picked up a lotus root slice and stuffed it into his mouth. He was amazed after tasting it, "Delicious!"
It tastes fresh, crispy and tender. After eating the first piece, I want to eat the second piece.
The younger one ignored her, and the older one told her not to meddle in other people's business. Zhou's mother looked gloomy, and her mood became lower and lower. She used her trump card, "Am I wrong? I said so much, but it's for their own good! Chu Han joined a state-owned enterprise right after graduation, so he can live a good life easily!"
Zhou Chuhan took a bite of the second lotus root slice and said slowly, "I don't deny that after entering the state-owned enterprise, my work and rest schedule is regular and my life is very easy."
Zhou's mother was delighted and was about to give her a lecture, but she heard her daughter continue, "But this does not mean that your life will be ruined if you don't get into a state-owned enterprise."
“There are top talents in every profession. As long as you work hard, you can achieve success anywhere.”
"If you graduate from a technical secondary school and don't have any education, you won't be able to do the job well. You are discriminating against your academic qualifications."
“For a craftsman, what matters is his craftsmanship, not his diploma.”
"Okay, very good." Zhou's mother couldn't persuade him, so she simply gave up. She laughed in anger, "I'm just waiting to see you make achievements!"
"I think it'll work." Zhou Chuhan said as she waved to her mother, "The lotus root slices and chicken feet are delicious, come and try them."
"What real skills can he learn from that crappy school?" Zhou's mother sneered.
She walked to the dining table and saw beef stew with potatoes in the corner, so she picked up a piece of potato and put it in her mouth.
I wanted to make a lot of disparagement, but after I put the potatoes in my mouth, I couldn't help but remain silent.
I picked up a piece, then another piece, and then another piece...
Zhou Chuhan was stunned, watching her mother eat all the potatoes in the beef stew, and she still looked unsatisfied.
"With your cousin's skills, do you still think the business can't be successful?" She asked knowingly.
Zhou's mother blushed and said stubbornly, "Humph, the taste is just so-so."
Zhou Chuhan: "Yes, it was just average, I just ate all the potatoes."
The potatoes are stewed soft and glutinous, and very tasty. Once you take the first bite, you won't stop eating!
Zhou's mother was furious. "Don't think that doing business is that simple! Besides taste, there are other factors that affect success or failure!"
Zhou Chuhan: "Hearing you say that, I feel much more relieved. It seems that the taste is acceptable."
Mother Zhou: "..."
**
After dinner, Zhou Chuhan returned to the room and called out, "System, are you there?"
Before he finished speaking, Yun Luo appeared on the desk, "Here."
Zhou Chuhan sat on the chair and asked seriously, "I tried it, and the food tastes pretty good. I plan to buy some shares, what do you think?"
Yun Luo: “The prepared food industry is just emerging and competition is not fierce. It’s a good time to enter the industry.”
Take-out services have not yet appeared in this world. In the catering sector, people mainly eat out and buy cooked food to eat at home.
If it is done well, there is great potential.
"I think so too." Zhou Chuhan held his cheek, looking troubled. "Next question, how many tens of thousands of dollars should I invest?"
"If I have too much money, I'm afraid something unexpected will happen and I'll lose all my capital. If I have too little money, I'm afraid I won't be able to develop the business. I could have done a good business, but ended up failing due to insufficient funds."
Yun Luo: "This requires the host to make the decision himself."
Yun Luo: "Remember to save 3-6 months of living expenses for emergencies."
"Can't you give me some advice?" Zhou Chuhan was dissatisfied. "Didn't you say that with the system, the host will live a better life?"
Yun Luo: "Now that you are an adult, learn to make your own decisions."
Yun Luo: "No one can be responsible for your life except yourself."
Yun Luo: "Even if we lose, we must lose clearly."
Zhou Chuhan, "..."
"Is there any case I can refer to?" she asked in a different way.
Yun Luo replied, "I have encountered a radical host before. Once they seize an opportunity, they will strike boldly and invest all their savings, not even leaving any emergency funds."
"I have also met a prudent host who, at any time, would use half of his funds for regular deposits and the other half for investments."
"There are also cautious types who only buy bank financial products. No matter how tempting the opportunity is, they will never be tempted."
"The risk is not matched with the ability to bear it. Every day after investing, the host will be on pins and needles."
Zhou Chuhan thought for a long time, and finally made up his mind, "Then I'll put half in fixed deposits and the other half in investments."
The author has something to say:
Featured Reviews
#Mom can no longer tell me that reading novels is a waste of time, [proud.jpg] I am learning about financial management#
#Family financial education is very important. My elders think that people live on the salary they get from their company every month…#
#This article made me sweat profusely, it's so scary, even scarier than a horror novel#
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Readers' Science:
Health fund: After scanning the QR code for all Xpay payments, you can get a certain amount of money, which can be used for serious illness and hospitalization in the future. It is like a free amount. You have to pay for it anyway, so it doesn’t matter whether you pay in cash or Xpay.
[Author adds: If you walk 1,000 steps a day, you can also receive the quota for free.]
[Other readers added: People with chronic diseases cannot receive it. ]
Mutual Bao: A group of people join and share the monthly expenses of the number of sick group members. When you get sick, you can also get money. I have joined for 8 months. The basic monthly share is 6-7 yuan. If you get sick, you can get a maximum of 300,000 yuan in relief funds. If you are not sick, it is considered a charity.
[Other readers added: Mutual insurance only covers up to the age of 60. The risk of illness for young and middle-aged people is definitely different. It is more cost-effective for older people to participate.]
**
The background of this copy is many years ago, when takeout had not yet become popular and the prepared food business was very good.
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