Dong Qing originally planned to expand the second phase of the project by 200 acres of land. There was plenty of land next to the comprehensive department store wholesale market, but he had not used it for any other projects.
Furthermore, with such a promising future for the department store wholesale market, it shouldn't be confined to such a small circle. The development of a market often follows this pattern: it starts to be popular and then becomes even more popular in the future.
It all depends on how you operate in each market. If business owners always put consumers first, their stores will thrive.
Especially in the wholesale market, the money is made from small vendors from other places. People who do small business are as shrewd as monkeys. If the goods here are not cheaper than elsewhere, they will not come back after two visits. Therefore, Dongqing has been very strict in managing the market.
In particular, merchants who arbitrarily raise prices and sell counterfeit goods will be dealt with severely once they are discovered. We must not allow a few merchants to ruin the reputation of the wholesale market, which is why its wholesale market remains strong to this day.
Dong Qing was even more glad that he had insisted on not selling the land. The 1,500 mu of land here was only enough for his use. He said, "Our company is short of money now. The size of the construction depends on the amount of funds raised. We will immediately invest 200,000 yuan in advertising to promote it vigorously."
There's plenty of land next to our wholesale market. We'll build the area based on how many stalls we raise in the future. If our funds allow next year, we'll try to build a larger one. We'll decide on that later.
Dong Ermei said, "I convened a meeting of the company's senior management this afternoon to finalize this matter, and I will immediately call the merchants in various regions who have made verbal agreements to come to the company to sign the fundraising and construction contracts."
The number of customers who made reservations is not small. Dong Qing believes that at least 90% of the customers who made reservations are willing to sign the fundraising contract because these merchants have money in their hands. Raising 100,000 or 200,000 yuan is really nothing to them. Moreover, their money will not be used for nothing. They will be paid the interest they are entitled to in the future.
A week later, investment and fundraising advertisements were launched in various places like snowflakes, and they did attract many merchants.
At the end of the year, Dong Ermei had someone tally up the amount of funds raised by the merchants. The results were astonishing. The merchants who had raised funds so far were planning to build a wholesale market covering at least 400 acres, which was larger than the first phase of the project.
And the number is still increasing, and it will probably be much larger before construction starts next year.
Dong Ermei made a long-distance call to the construction company of the first phase of the project, asking them to come to the company soon to sign the contract for the second phase of the project.
After making a long-distance call to the construction company, Dong Ermei stood up and walked out of the office.
She went into the general manager's office and explained the situation to her younger brother.
Dong Qing was overjoyed to hear this, as it was a business that required no upfront investment; at most, the merchants would receive interest in the future.
If a market is booming, everything goes smoothly. But if a market is doing poorly, it's difficult to even rent out existing stalls, let alone raise funds to rent them.
Of course, things will be different after the opening compared to the first phase of the project. The first phase of the project was rent-free for the first six months after opening, while the second phase of the project can collect rent from the first month after opening. There is a big difference in income between the two phases at the beginning.
Furthermore, the funds raised can be temporarily diverted, so at least for the time being, he won't have to worry about funding issues.
Dong Qing finally overcame the financial crisis. The phrase "killing two birds with one stone" is most appropriate here, as his fundraising plan boosted the entire company.
Dong Qing said, "There are 700 mu of land next to the wholesale market. We will start collecting rent from both wholesale markets in early summer next year. Moreover, the funds raised will not be used up all at once. No matter how many merchants we have, if we double the number of stalls and fully launch the second phase of the project on the 700 mu of land next to the comprehensive department store wholesale market, we will have no difficulty renting out any number of stalls."
The Dongqing project is an insane plan; the two phases combined cover 1,000 acres, a wholesale market of such a size that is rare even in big cities.
Dong Qing has his reasons for daring to build such a comprehensive department store wholesale market. With the wholesale market booming now, he believes that many merchants will come here to rent stalls and storefronts next year. Once a market becomes popular, nothing can stop it.
Next year, merchants will find the company to pool funds to rent stalls and storefronts. At that time, no interest will be required; the money will be collected directly and lease contracts will be signed with them. It is easiest to attract merchants when the project is under construction. They can rush things without proper preparation.
In the past, the second sister would never have agreed with her brother's actions, but now she seems to understand him, and every decision he makes is correct.
Dong Ermei said, "Okay, these things can be left to Second Sister."
Dong Qing said, "We also need to pay attention to one crucial issue: our second phase of the project only covers 700 mu of land. We must not over-attract tenants. Calculate how many stalls and storefronts are needed for 700 mu. If we attract too many tenants, we won't be able to allocate stalls and storefronts for them in the future."
Dong Ermei said, "Don't worry, I'll leave some room for maneuver in this regard."
Su Guifang was two months pregnant after her marriage.
The doctor said it's best to avoid welding during pregnancy because welding requires squatting most of the time, which is not good for fetal development.
Meanwhile, the electric arc of welding has a significant impact on pregnant women, and it is best to wait at least six months after childbirth before engaging in welding work again.
After the couple returned to the factory from the hospital, Zhang Jian said, "Wife, let's listen to the doctor and rest at home tomorrow. I can support you and the child on my own."
After marriage, Su Guifang's husband was indeed very good to her. He never let her do any housework after get off work, and he even washed her clothes.
She said, "I'm only two months pregnant, and I can't just stay home resting. Maybe I should find another job that suits me."
Zhang Jian said, "If you really don't want to stay home, that's fine too. I'll ask the factory manager if we can find you a suitable job at the factory."
Su Guifang said, "I'd better go and ask them myself."
After Su Guifang finished speaking, she left the room.
She walked out of the living area and had just reached the front office area when she saw Chen Hong leaving get off work and heading home. She hurriedly called out, "Director Chen, wait a moment, I need to talk to you about something."
Hearing the shout, Chen Hong got off his bicycle and asked, "Is that Guifang? Is something the matter?"
Su Guifang stepped forward and told him about her pregnancy. She said, "The doctor said that I am not suitable to work as a welder after I get pregnant. Can you find me an easier job at the factory? I really don't want to stay at home resting now that I'm pregnant."
After listening, Chen Hong pondered for a long time. He said, "The factory doesn't need anyone for any position. How about this, I'll go back and discuss it with my wife to see if she can arrange someone for her shop. If they need someone, you can go help out tomorrow. The salary is a bit low, but three meals a day are provided. Is that okay? If so, I'll go back and discuss it with my wife."
Restaurant wages are generally low, but since meals are provided three times a day, the salary isn't that important. At least you can get your full paycheck back each month, and it's much easier than other jobs.
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