Manager Liu opened his folder and said, "We've signed 1,300 contracts so far. We're recruiting people very quickly, and the speed is largely due to the loans. Over 70% of the first batch of products were bought by our partners themselves. The most successful one has already sold four sets. The sellers are all relatives, friends, and colleagues—people we know well."
"Currently, our total sales are £14 million, and our net profit is £5.35 million. This is net profit, after deducting office rent, employee salaries, and the mess in front of the premises. Our gross profit is 100%!"
"Tomorrow we will be holding another gathering in the northern suburbs. Through our systematic planning, we have reached cooperation agreements with several five-star hotels in the surrounding area, which will reduce the costs in this area by half. We have also reached cooperation agreements with bus rental companies, stage planning companies, and other related companies, which can reduce costs by up to 70% and as low as 30%. As for buses, we plan to buy a few used buses, which will also allow us to get tax deductions!"
"There's also the tax issue. Because we signed non-exclusive licensing contracts with these people, their salaries, social insurance, employee insurance, and other miscellaneous expenses are not covered. All their income is included in the corporate income tax, which is particularly expensive. All things considered, it's 33%!"
“We are not experts in tax matters. We have recently been in talks with a large local tax management company. They said they can reduce the tax rate to 20% through some legal means.”
The absence of employees has greatly reduced the burden on Jiafeng. If you factor in employee salaries, business expenses, the profits of various intermediaries and distributors, plus corporate income tax, foreign companies simply cannot survive here.
"Britain isn't a very big place, with a population of around 50 million. Our target audience makes up less than 30% of the total population, which is the 35 to 50 age group. So we will soon encounter a bottleneck. If we develop quickly, within three months, Jiafeng will become the underground monster of Britain!"
"When we are young, we should distribute newspapers more often and avoid advertising in authoritative media outlets, as this may attract official attention. Instead, we should advertise in less reputable media. When we grow up, we should stop advertising in any media and become a low-key elephant, which will allow us to live a long life!"
"The UK has too small a population and too small a market, so the market can be saturated in the short term. What's most important now? To systematize this model so that people can be recruited, trained, and put to work. Also, as we develop rapidly, we must make our talent pool more high-end."
"If a company is tied to ordinary people, it may disappear at any time. But when it is tied to intellectuals, entrepreneurs, social activists, celebrities, or even officials, it is like the roots of a big tree. No matter how strong the wind and rain, it will not fall. This is a principle that must be understood."
"We are currently developing the branches and leaves. As they grow stronger, we must find ways to take root. If the roots are not thick enough or deep enough, they will fall over at the slightest disturbance."
"Another issue is that the research trip to Germany and France needs to be put on the agenda. We need to set up an office there first, conduct a social survey of the surrounding residents, and understand the social structure so that it will be easier to get started. Whoever has the best control over the whole process will lead the team over to the first batch of people we bring."
"This is definitely an opportunity for them. If they go, establish themselves, and do well, they can become the head of a branch office. When you go down to the meeting, tell them that such opportunities are extremely rare. Also, let's talk about the team issue of the partner."
"This is a big problem. If it's not done well, a large team will fall apart. So we need to establish a hierarchy system so that they feel they can move up a level with a little effort. If the system manages people and people manage people, problems are bound to arise sooner or later."
"So, we tier our agents and adjust the tiers every month, distributing profits according to the different tiers. The entry-level tier is level nine, where they receive the current price for each product sold. For the highest-tier agents, for example, if a product costs 799, they receive 199, and we then give them back 100 pounds per unit!"
"One advantage of doing this is that the monthly income of first-level agents will be explosive, creating a head effect. The number of people who can do this is limited, and we won't spend much more. We mainly rely on the huge nine-level agent network. But you can imagine, if someone sells a hundred sets of products a month."
"A set of products costs 799 for a TV, 899 for a VCD player, and 499 for a stereo system. They get about 500 pounds for each set. Then, add a rebate of more than 200 pounds, multiply that by 100, and that's 70,000 to 80,000 pounds!"
"What does an income of 70,000 to 80,000 pounds a month mean? Isn't that like getting rich overnight? We must solidify this rebate system and promote it. It will be the most solid foundation for our development."
Sean quickly calculated the funds for this model in his notebook. At first glance, it seemed that the higher you went, the more you would earn. However, ability determined that more than 90% of people could not reach the top. Only a small group of lucky people were left, who could earn money for at most one or two months. The expenditure was not much, but the effect was significant.
For ordinary employees, Li Xiaosi's salary as a secretary is the same as others; the only difference is the position and the information she receives. The company is about to expand, and there are countless people vying for the positions of heads of branches in other countries. There are many in European countries, but there are also many from China. For her, this opportunity is very precious!
Yellow Hair and High Nose went downstairs and sat in the car smoking silently. The two of them couldn't understand how Sean, such a powerful person, had become like this.
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