"That's easy. Just ask Sister Zhou how much the rent is for a shop. Once we have a rough plan, and with some simple renovations, we can set up two or three flagship stores in each district first. The cost won't be too high," Ye Beiping said confidently.
He currently has at least 50,000 to 60,000 yuan at his disposal, and with other miscellaneous payments for goods, raising 100,000 yuan shouldn't be a problem.
"Brother Jiang Hai, didn't you say that Director Li and Director Wei were coming? Tell them to come a month later. We're too busy here right now and don't have time to host them. Wouldn't it be better to bring them over when our flagship store opens?"
These words made Jiang Hai's eyes light up.
But he still asked hesitantly, "Well, there should at least be a general idea, right?"
Ye Beiping pondered for a moment, then quickly said in a low voice, "Let's calculate based on a scale of five thousand per store. Five thousand for rent and renovations should be enough. We can make up the difference later if needed. There are five districts in total, with two flagship stores in each district, which means we'll need fifty thousand yuan."
"I'll put up 45,000, and you can put up 5,000, that's 10%. It'll be like turning dividends into shares."
Because there were some things he couldn't say that the two young men behind Hou Baolin could hear, only Jiang Hai could hear him speak.
He breathed a sigh of relief when he heard Ye Beiping say that he only needed to pay five thousand yuan.
This is still within acceptable limits.
“Alright, let’s take the gamble.” Jiang Hai didn’t hesitate at all.
What attracted him most was the conversion of dividends into shares; that was the key point.
Anyway, he believed in Ye Beiping's business acumen. Even if he lost the five thousand yuan, he could still get ten percent of the shares, so he definitely wouldn't lose money.
Ye Beiping was surprised that Jiang Hai agreed so quickly. He was taken aback for a moment, then laughed out loud: "Haha, Brother Jiang Hai, you're a bit sly."
"Haha." Jiang Hai laughed as well.
What's with all this thievery? They've already made tens of thousands. What's wrong with taking out five thousand to gamble?
If things go well, given Ye Beiping's quick money-making ability, five thousand yuan might soon turn into fifty thousand yuan.
Hou Baolin and the two young men behind him had no idea what Ye Beiping and Jiang Hai had discussed, and were laughing so happily.
Then, Jiang Hai glanced around and said, "This isn't the place to talk. Let's find somewhere to eat and discuss this in detail. Let them watch the stall for now."
And so, the two young men were soon left to watch the stall.
Although they were somewhat dissatisfied, they readily accepted the offer when they heard that they could bring them food from a state-run restaurant.
Nearby, Ye Beiping, Jiang Hai, and Hou Baolin found a state-run restaurant.
Hou Baolin insisted that he would treat everyone to dinner today.
Ye Beiping and Jiang Hai were both speechless, but since a meal doesn't cost much, they stopped arguing.
After ordering the food, Jiang Hai asked a few questions he had been thinking about on the way there.
"Beiping, regarding management issues, what will happen to them now that we've opened a flagship store? Will the commission structure change? Also, what's our name for the chain you mentioned?"
Three questions in a row.
Ye Beiping sensed that Jiang Hai was even more anxious than he was. He smiled slightly, poured a glass of water for the two people in front of him, and then slowly explained.
"Regarding the management issue you mentioned, we can change the name to Regional Manager. It's the same model as now, but with a different title, it'll at least look more impressive."
This made Hou Baolin and Jiang Hai nod repeatedly.
Having the title of manager certainly gives you prestige and makes you look more respectable.
"Secondly, regarding the commission issue you mentioned, it remains unchanged: two yuan commission per pair of shoes. However, this commission is not given to him alone. Instead, when we recruit employees in the future, the regional manager will set aside one yuan to distribute to the store's employees. In fact, once sales increase, the profits will not be less."
Jiang Hai understood this long ago: in their line of work, no matter how high the commission is, it's useless if you can't sell the products.
The more you sell, the better, even if you get a lower price.
"As for the name you mentioned, it's called Xtep. The meaning is that wearing our leather shoes, you can walk with a special gait, making the shoes stand out from the crowd, giving you a feeling of flying."
Hou Baolin and Jiang Hai pondered the name carefully.
Their eyes lit up immediately.
But soon, Jiang Hai realized a new problem: "But... isn't the advertising slogan we're using for Jiangnan Leather Factory?"
Hou Baolin always wanted to laugh when he thought of this advertising slogan, and he also found it quite strange when he shouted it every day.
Of course, they knew it was fake, but those who didn't know the inside story, like the first person to hear it, would immediately curse: "That damn factory manager is a complete scoundrel."
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