1145: Company 792: The mont to test you has arrived (Reward for extra updates!) 1145: Company 792: The mont to test you has arrived (Reward for extra updates!) PS: Regarding Boss Jiang’s future bliss (or lack thereof), we’ve already started a poll in the group chat, and everyone is welco to participate enthusiastically.
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The next day, Jiang Chen arrived at Tianci Capital.
If one were to say his business empire has been drawn in outline, Tianci Capital was the first stroke of the brush.
Hence, despite seemingly being a hands-off leader, he had a unique and special affection for Tianci.
“You, as a CEO, is this how you exploit your colleagues, making Shu Rui work overti at ho till late at night?”
“Wow, check it out, model boyfriend right here.”
CEO’s office.
Not just Luo Peng was there, but Li Shao and Bai Zheli as well.
“Chen Ge.”
Bai Zheli, who had almost completely shed his student vibe, called out, fitting more and more into his tailored suit.
It felt as if graduation was just yesterday.
Yet, everyone has already grown up.
“It’s not sothing Luo Peng asked for; it’s Li Xue i who did it on her own initiative.”
Li Shao spoke up fairly.
Luo Peng sighed, “You really found yourself a good girlfriend.”
Jiang Chen was, of course, just joking, “Feeling the pressure, huh?
How about stepping down and letting Shu Rui take your place?”
“I don’t mind.”
Luo Peng said decisively, without a hint of hesitation.
Mistrust and infighting might be commonplace in other companies, but they were impossible events at Tianci.
Bai Zheli and Li Shao were not surprised; they just watched and laughed along.
They say good brothers shouldn’t go into business together.
But that’s not always the case.
Their relationship has been consistently unchanging.
“Jiang Chen, seriously, I’d rather you fire .
The compensation issues with the ga really has at my wit’s end; look at now, I probably look older than any of you guys.”
“Isn’t looking more mature a good thing?”
After teasing him, Jiang Chen quickly shifted to a more solemn tone, patting Young Master Luo on the shoulder, “I’d worry about the company in anyone else’s hands, but not yours.
We still need you at the helm.”
Luo Peng shook off his hand, “Don’t try to sweet-talk with a love potion.
It’s just right that you’re back; you take care of this problem.”
He passed a docunt from the table over.
Jiang Chen, curious, took it, “What’s this?”
“It’s a project we’ve recently taken an interest in, creating a snack brand,” explained Li Shao.
“Snacks?”
Jiang Chen looked surprised, “Are we expanding our business this widely now?”
“Don’t underestimate this project.
Although it’s a niche market, there’s a lot of potentials in the third- and fourth-tier cities.
Won love to snack, and so do so n, not to ntion children.
But the prices of snacks are increasingly expensive.
If we can integrate major manufacturers to cut prices and develop a retail brand, then offer consurs better prices, it’s sure to be a hit.
Think about it, a regular drink costs five to eight yuan in the supermarket.
What if there’s a store that only charges three yuan?
What would consurs choose?”
“This project is about maximizing the concept of small profits but quick turnover.
It’s not about suitability for big cities, but as long as we can monopolize the market in smaller third- and fourth-tier cities, the profit margin is still significant.”
Luo Peng had laid it out very clearly.
The rationale was easy to understand.
The essence of this kind of business is extrely simple: drive down the purchasing cost, reduce the selling price.
But why would various original manufacturers supply you at a low price?
Only if your scale is too large for them to refuse.
So, ordinary people can’t really succeed in this kind of business.
Jiang Chen quickly grasped the logic and then asked, “Have you talked to the snack manufacturers?”
“We have, and they agreed to supply us at a lower price, but we must et their requirents for the number of stores, or they’ll stop supplying us.”
“What requirents?”
“The goal is to reach a hundred stores nationwide, and after one year, to reach a thousand stores.”
If based on the number of cities, that ans, after one year, on average, each city must open two stores.
Though it seems like a minor business, in reality, it requires a huge capital push.
Jiang Chen’s gaze swept over the three people.
“Chen Ge, actually we don’t have to open the stores ourselves; we just need to set up model stores in a few key cities, and then implent a franchise model.
There will naturally be a steady stream of people joining,” Bai Zheli added.
Luo Peng nodded, “So the first few directly-operated stores are very important.
This model has actually been done by others already, so if we want to surpass them, we can only race against ti.
Therefore, we are considering continuing to have Miss Pei endorse us, utilizing her popularity to make our brand famous, and to replicate the success of the virtual love ga.
As long as our model stores are effective, we will be able to attract franchisees.
Don’t even ntion a thousand stores in a year; even opening three thousand won’t be a problem.”
Jiang Chen clearly heard their plan.
Many restaurants, milk tea, and hot pot shops operate on this model.
They spring up like bamboo shoots after rain, flourishing all over in a short ti.
The brand doesn’t care if franchisees make money or not; they can make a fortune just from franchise fees.
Of course.
This model isn’t entirely about fleecing franchisees.
Many can still make money.
However, those who can collect franchise fees and also get a cut from sales definitely take the lion’s share.
“This idea is feasible, but we must pay attention to food safety,”
Jiang Chen nodded and said.
Why is it always said that money breeds money easily.
Even though we haven’t started yet, one can almost foresee that as long as the business is carried out like this, it will definitely not lose money.
It’s not about being an ingenious idea; there are certainly many who can think of it, and so are already doing it, but market competition is just like that.
Thinking of it doesn’t an one has the capacity to implent; and even if implented, one might have limited capability.
On the sa track, so might start earlier but don’t run as fast as others.
This is why large enterprises get larger and larger, until they form monopolistic giants.
You invest a million, but others invest ten million, and moreover, they hire big stars for endorsent; their connections in various fields are also stronger than yours.
How will you compete with them for the market?
But this is business.
No room for compassion.
“You can be assured about the issue of food safety, we will definitely strictly screen our suppliers, and moreover, as we expand, we can also build our own factory, to produce and sell on our own,”
Luo Peng explained clearly, and then continued: “You also know, what I hate the most is those who ss around with food safety issues!”
The topic inevitably beca a bit heavy.
Bai Zheli and Li Shao both fell silent.
The severity of the food safety problem is evident to all.
They have now succeeded and are among the best in society, with sufficient economic conditions to choose safe ingredients.
But what about the ordinary people?
Safe ingredients often co with a high price.
Just like the conversation Jiang Chen once had with that food delivery guy, for soone who fills their stomach with buns, where’s the choice?
Knowledge is one thing.
But this problem, they are powerless to solve; they can only try their best to do what they can.
“…The trouble now is whether Miss Pei is willing to endorse or not.”
Li Shao broke the silence.
For a top-tier celebrity like Pei Yunxi, endorsing a ga was unprecedented, let alone endorsing a smaller category like snack brands.
“Ever since we started cooperating with Miss Pei, we have always maintained a good relationship; there should be room for negotiation,”
Jiang Chen said calmly.
Luo Peng imdiately nodded seriously, looking gravely at Jiang Chen, who was the boss.
“So, the ti has co for the company to test you.”
“…”
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