Zhang Sensen wanted to continue running the business by copying and replicating this model, but when they opened the fifth branch, the sales of the branch on the HKUST campus began to stagnate.
It even dropped in a discontinuous manner, from 100,000 to 50,000, and on the last day the turnover was maintained at around 10,000.
Seeing the sharp decline in sales, Hu Yuhua was the first one to get restless.
I called Lin Xuan several times within one day.
In the evening, Lin Xuan took Su Yuexiao and others to hold a small meeting about this matter.
After figuring out what was going on, Zhang Sensen's brows were twisted into a knot.
“Business at other stores is fine, but the branch in our neighborhood has seen a sudden drop in sales.”
"The daily turnover is maintained at around 10,000, which is terrifying!"
"Since we opened the store, we have never encountered such a situation. The difference between the three campuses is huge!"
As soon as Zhang Sensen finished speaking, Gu Songsong started asking.
“Is there something wrong with our business?”
"Do you want to switch chefs with other branches, or redeploy the wait staff?"
In Gu Songsong's words, if a person stays in a certain position for a long time, he will become tired.
Appropriate job transfers will help improve everyone's enthusiasm.
Gu Songsong also explained this in great detail.
Hu Yuhua on the opposite side shook her head.
"The fundamental reason for the decline in sales should not be this."
"I've visited the Nanda branch, and it's operating just like before. The service hasn't declined, the quality of the food hasn't dropped, and everyone is very welcoming."
"But sales just won't go up. I really don't understand why."
Several people stared at each other and talked for a long time but still couldn't figure out what was going on.
Finally, everyone's eyes were fixed on Lin Xuan.
Looking at the account book in front of him and then at the data, Lin Xuan's face did not show any surprise.
Everyone found this kind of calmness very strange.
Finally, Lin Xuan spoke.
"This is actually a very normal phenomenon. Our branch has been open for two months and has already fully understood the surrounding customers."
"In other words, everyone who can come to our store has come, and everyone who can top up has topped up."
"The hotel's customer flow is already at a saturation point."
"Maintaining a turnover of 10,000 now is already a very good performance. Don't forget, all the money we collected before was kept in our restaurant."
"Now is the time to give, and we should treat it with a normal mind."
Hu Yuhua continued to follow Lin Xuan's thoughts.
After hearing what he said, Hu Yuhua finally understood the reason.
"I figured it out. To put it bluntly, all the customers within the radiation range have been locked in. No one is recharging, so the turnover will naturally decrease and return to normal."
Hu Yuhua explained the truth clearly and thoroughly in her simple words.
Combined with what Lin Xuan just said, everyone understood what was going on.
Lin Xuan looked at everyone.
"So what we can get is not profit, but just temporary money for us to use."
"The money deposited in our hotel will eventually be returned. What we can strive for is that during this period, we can use the money as we please."
"We have opened a branch now, using the money from here."
“In fact, this is also a cyclical process.”
Having said that, Lin Xuan did not continue speaking, but gave everyone enough time to think.
Zhang Sensen has been frowning in thought.
Since this is the situation before them, they can make adjustments based on the existing situation.
In fact, based on the current development, these stores are already good enough.
In a short period of time, we started with one restaurant and now have four.
These three branches are still raising funds.
Just as Lin Xuan said, they can use this money to invest again.
As long as there are no huge losses, this is a business that is sure to make money.
Seeing the emotions on everyone's faces gradually calm down, Lin Xuan understood that everyone had figured it out.
"So similar phenomena will happen to the other three branches sooner or later, so we must be mentally prepared."
"If you want to continue using the funds from your membership recharge, you must first ensure that the hotel can continue to operate at a break-even point."
"Even if we don't make money, as long as we don't lose money, we won't have any worries."
Everyone nodded in agreement, but their previous concerns still existed.
Although this is true, if you think about it, the hotel has collected recharges from so many people. If most people choose to go to the restaurant at the same time, the hotel will not be able to bear it.
However, the hotel's working space is limited, so this limits the number of people who can cash out in the hotel.
Judging from the current situation, the hotel is still able to maintain normal business scope and has not incurred any losses.
Think about it, raising more than 12 million in two months has already paid for all the potential of the hotel in advance.
Even if there are some difficulties in the later stage, it is understandable.
Unlike others, Hu Yuhua has another layer of worry.
The people in front of me are all young people. I am a few years older than them, so naturally I have more things to consider.
Ever since I joined this team, I feel like I'm hanging in mid-air every day.
I always feel uneasy.
The daily turnover of the four stores reached over 800,000 at its peak, a figure Hu Yuhua never dared to imagine in her dreams!
Now that the shops at Nanda are gradually becoming stable, he feels more at ease.
Perhaps only when facing this real situation did Hu Yuhua feel down to earth.
Hu Yuhua spoke.
"We have such a huge cash flow now, it's not realistic to keep opening branches."
"There are only a few universities in Longcheng, and fewer and fewer of them meet the requirements. What should I do after I open all the stores?"
"No matter what, we have to put this money into use. If it remains idle, it will become a stagnant pool."
Although she hasn't decided what to do yet, Hu Yuhua is very clear about one thing.
Funds must have profits, otherwise, they are no different from blank paper.
Hu Yuhua’s concerns are exactly what Lin Xuan is considering now.
During this period, what Lin Xuan was most concerned about was how to make these funds appreciate rapidly on the existing basis.
Only when profits are made from business and then distributed to various branches can a virtuous cycle be achieved.
Just as Hu Yuhua said, the more money is raised, the more money there is. If this money cannot generate profits, then it loses its meaning.
If you deposit it in the bank, you will also earn some interest.
But compared to doing business, the difference is not even a little bit.
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