These are just two franchisees, Liu Da and Qin Yi. What should she do if there are more and more franchisees in the future?
Wen Ying was in a dilemma. She opened Shrimp King because of a bet with her parents. With limited capital and a desire for rapid growth, she decided to franchise Shrimp King. To ensure Shrimp King's quality, the best approach wasn't to franchise it, but to operate directly, like Haidilao!
Haidilao's direct-operated model ensures the quality of its nationwide chain stores. The founder has never even learned cooking, and it is the meticulous service that makes Haidilao stand out.
"Shrimp King" already has franchise stores, and if it wants to return to the direct operation model, it will have to terminate the contract on its own initiative.
Liu and Qin Yi were both franchisees who were optimistic about "Shrimp King" at the beginning. Now that they want to increase the number of franchise stores, "Shrimp King" wants to break the contract. If this happens, not only will they have to pay money to terminate the contract, they may not even be able to be friends anymore.
Qin Jiao still has shares in 'Shrimp King'!
If you don't plan for the future, you will have immediate worries.
Wen Ying thought about it again and again, and except for Xie Qian who was in Beijing and could not come, she called all the other shareholders of "Shrimp King".
"I think that this year the Shrimp King won't distribute dividends during the Spring Festival. Do you agree?"
If dividends are distributed, Wen Ying will get the most, almost 50,000 yuan.
Although the remaining shareholders did not receive as much money as she did, the Spring Festival is approaching, and small shareholders such as Tang Yifeng and Geng Xiao are looking forward to using the money they earn to buy gifts for their elders.
Suddenly Wen Ying said that she would not distribute the dividends. Tang Yifeng and Geng Xiao did not object immediately, but were looking at her, waiting for her explanation.
"There are no outsiders here. Just tell everyone what you think!"
Qin Jiao knew her eldest brother wanted to open new franchise stores. Could it be that his eldest brother's rapid expansion in Shanghai had given Wen Ying a sense of crisis? Not really. The more franchise stores there were in Shanghai, the more franchise fees Shrimp King could collect. Besides, Shanghai and Chengdu were so far apart, even if Qin Yi opened a hundred franchise stores in Shanghai, it wouldn't affect Chengdu!
Wen Ying told him that Liu and Qin Yi were planning to continue joining the franchise. "They both think the franchise fee isn't a problem, and a modest increase is justified. They're both old friends of Shrimp King, so I plan to raise their franchise fee to 60,000."
The original franchise fee was 50,000, and now it has become 60,000, which is indeed not a big increase.
Qin Yi didn't get much publicity help from "Shrimp King", but Liu Da was different. Not to mention the franchise fee was 60,000, even if it increased to 80,000, as long as it wasn't too excessive, Liu Da was willing to pay.
Liu Cixin and Qin Yi can collect 5 franchise fees, a total of 300,000!
Including the dividends that should have been distributed at the end of the year, the total is at least 400,000 yuan. With so much money, if Wen Ying doesn't distribute it as a dividend, it's impossible for her to keep it all in the bank and earn interest.
Li Mengjiao's album sales were surpassed by Xu Mei's, and many music reviews unfavorable to Li Mengjiao appeared. Wang Shuang had been unhappy for the past two days. When Wen Ying asked him to attend the shareholders' meeting, he was absent-minded. Only then did he come to his senses: "Little girl, it's already this time, don't keep me in suspense!"
Wen Ying took out the plan she had written overnight and distributed it to the four shareholders present.
"We have so many franchise stores, it's time to get on the right track."
The brand and trademark of "Shrimp King" have been registered long ago, but no formal catering company has been established.
If you don’t want to collapse like Tan Yutou, you should put everything under formal management now!
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