Chapter 353 Worrying about Side Business



Things at the unit were uneventful, so Linglong started to worry about her side business.

She went to Zhongjiang's office building to look for Xiaojiang.

Xiao Jiang is the nominal person in charge of the company. She holds the title of financial director, but the most she does is actually checking the accounts.

Although he rarely comes to the office, his intimidation is still quite strong.

As the market gradually opens up, foreign, Hong Kong and other capitals are gradually entering the domestic market.

Many state-owned enterprises have begun to encounter problems caused by market competition.

Moreover, the gradual relaxation of restrictions in various aspects has also caused prices of various materials to rise in the country.

Especially after the implementation of the dual-track pricing system, there are two prices for planned and unplanned items.

There is already a trend of panic buying and stockpiling of various daily necessities.

State-owned enterprises also suffer from the drawbacks of having too many workers and bloated staff, and many of them are operating at a break-even or even at a loss.

It can still be maintained, mostly thanks to financial support.

In this environment, many garment factories are also in a bad situation.

What Linglong wants to do now is to find a suitable company to acquire it.

If you build your own factory and start from scratch, the energy and cost will be doubled.

So her priority is acquisition.

If their company was registered in the mainland, even if the policy had been relaxed, she would not have dared to think about acquiring it at the end of 1984.

Domestic private companies acquiring state-owned enterprises? This is not just a question of whether they can afford the acquisition, but also a question of how sensitive it is and how it could easily cause a stir.

Regardless of whether it can be done in the end, Linglong does not want to attract such attention. The risk is too high.

However, if the acquisition is done by a Hong Kong-funded company or a joint investment is made, the resistance will be much smaller.

I don’t know how many state-owned enterprises would be excited when they heard about investment from Hong Kong businessmen, and local governments would also give strong support.

Although the Hong Kong dollar does not have as strong purchasing power as foreign currencies such as the US dollar, it is still very powerful.

When Linglong proposed this idea, Xiao Jiang was stunned at first, and then became worried.

"Sister-in-law, buying a factory would cost a lot of money, right? Our stores are making a lot of money, but buying a clothing factory is still a long shot."

How can it cost more than a million to acquire a factory with complete equipment?

Together, their several stores have monthly bills of tens of thousands, which adds up to hundreds of thousands.

But they don't spend money all the time. They buy shops, open new stores to expand, distribute dividends, and clothing stores also need to purchase goods to stock up.

If they really want to take the risk and buy a small clothing factory, they will have to put in all the profits they have made since the clothing store opened, and it may not even be enough.

Xiao Jiang is no longer the novice he was when he just left the army.

You know that to do business, you must have backup funds, otherwise you will be in trouble if the capital chain is broken.

Linglong was relieved to see that Xiao Jiang could consider these things.

"If we don't have enough money ourselves, we can take out a loan."

Whether it is the number of stores they own or the monthly cash flow and tax payment records, they can all prove the value of their company.

Loans are not so strict nowadays. If you have connections, you can borrow a lot of money from shell companies.

These are all high-quality industries, and they can all get loans if they go through formal channels.

You know, banks also have loan tasks every day.

Those who have high-quality properties as collateral are also high-quality customers for banks to lend to.

This was Xiao Jiang's first time learning about this aspect, and it was an eye-opener.

However, Xiao Jiang was still a little hesitant about borrowing money, especially a large amount of money at a time.

Linglong smiled and comforted him.

"We don't consider every factory. We have to consider every aspect, including equipment and factory buildings."

If there is really no other choice, she can only take the path of building her own factory.

Of course, this is also the last choice.

"Sister-in-law, I listen to you. I will do whatever you say."

Although Xiao Jiang would still raise opinions if he felt something was wrong, he would mostly just carry out Linglong's orders.

After all, Linglong's decisions have always been proven to be correct.

After convincing Xiao Jiang, they went to inspect the factory.

Since Linglong still has work to do, Xiaojiang has to continue to worry about this matter.

Linglong also told Xiaojiang that if things really didn't work out, the company could just hire two more people.

The educated youth returned to their hometowns one after another, and now there are a large number of unemployed people in the city.

From the resumption of the college entrance examination to 1982, the first batch of college students graduated, and there have been three classes so far.

Before the resumption of the college entrance examination, graduating from high school was considered a high-level education and a talent no matter where you were.

In recent days, there have been many more undergraduates, college students, and even technical secondary school students in various places.

High school students can still find jobs, but the value of their jobs has greatly decreased.

As the capital, Beijing has never lacked talent. With the recruitment of several batches of university graduates, it is difficult for college graduates to find jobs in good companies.

Although Linglong and his team still find it difficult to recruit undergraduate students.

The main reason is that the iron rice bowl in public institutions is still popular at this time. Even if private enterprises earn more, people will still consider public institutions.

However, Linglong and the others have lower requirements, and there are still a lot of people rushing to apply for the job.

Because of this, Linglong started to think about her job again.

She is quite comfortable at her current workplace, but her schedule is definitely not very convenient.

The leaders of her unit treat her quite well and generally approve her requests for leave, but she can't always take leave.

Moreover, there are currently no relevant regulations in place for public institutions to allow employees to run private enterprises, but these regulations will gradually become stricter in the future.

If Linglong really had to choose, she would definitely choose her own business.

If anyone were to insist on her staying in the unit, it would be her master, Mr. Wei.

If you think about it seriously, this is not a problem.

She and Mr. Wei officially became master and apprentice.

She believed that even if she left the unit, she could continue to learn from Mr. Wei.

If she wasn't tied down by work, perhaps she could spend more time with her family.

More than two months after graduation, she seriously considered resigning for the first time.

In most families, if Linglong dared to say that she wanted to quit her public job, she would be met with a torrent of attacks.

Even if one earns a lot from a side job, Chinese people are generally reluctant to give up their iron rice bowl jobs. This is a deeply ingrained idea.

It doesn't matter how much you earn, what matters more is face and social status.

Even decades later, the social atmosphere remains the same.

In many provinces, taking the civil service exam is a family's best hope and arrangement for the next generation, and it is also the best choice in the marriage market.

But Linglong's situation is special.

First of all, there is no one in her family now, and no one is taking care of her.

On her husband's side, the elders have always been open-minded, and her husband supports her in everything.

If she insisted on resigning, she would definitely be able to do it, but even if she could, she still wanted to discuss it carefully.

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