Chapter 100: Loan Expansion

Why rent before you buy instead of using the money to open a second one!

"Mr. Shi, your question is very good. But do you know Mr. Li Ka-shing?" Qin Feng asked.

"I know, of course, I know Mr. Li Ka-shing, the richest man in Hong Kong!" Shi Dazhu nodded.

But why did Qin Feng mention Li Ka-shing? This is a business giant. Of course, Qin Feng can know Li Ka-shing, and it is not simple.

"Mr. Li Ka-shing once said a very classic investment saying: the first factor that determines the value of real estate is location, the second is location, and the third is location. Qin Feng said.

Shi Dazhu thought about it and smiled slightly bitterly. Although he knew Li Ka-shing, he only heard that he was not in real estate, and Shi Dazhu didn't know what he said.

But there is a lot of truth in that. After all, this is what Li Ka-shing said.

"If we open a 24-hour convenience store, the choice of location must be very important, and we will inevitably choose those near residential areas or public places with high foot traffic. These lots, as the country's economy grows, are bound to become more and more expensive. Naturally, rents will also become more and more expensive. Instead of earning rent for people every year, we should buy it. In this way, in the future, it can also be regarded as a real estate of the company! With the development of the economy, housing prices will inevitably rise!" Qin Feng said.

"Wait!" Shi Dazhu frowned, "What you said is right, but the state does not allow the sale of houses without permission at present!"

Under a market economy, everything will change. Because, the big pot rice has proven to be a bad system that will feed the lazy. The market economy, on the other hand, can promote the progress of human society! Then, in order to promote the faster growth and circulation of the market economy, some fields will inevitably be gradually opened up!" Qin Feng said.

After hearing this, Shi Dazhu was stunned for a long time, then stood up and walked back and forth in the room a few times.

"Qin Feng, are you really sure that you are not an economic prodigy who has returned from studying abroad?" Shi Dazhu smiled bitterly, "You are talking about these words, to be honest, I just went to the capital once and heard an old professor mention it." But the old professor didn't say it as thoroughly as you, he just thought that if you want to develop the economy, you must open up in the right areas. This old professor is a well-known economic expert in the country!"

It's amazing! Qin Feng's words are amazing. made him feel like he admired Qin Feng.

This time, it's the right time!

Then, Shi Dazhu sat down.

"But if we rent first and then buy, then there will be a problem with funds, how can we expand? If the expansion is too slow, the market will be preempted! Then we are making wedding dresses for others!" Shi Dazhu asked.

He has two plans in mind for this issue. One is to come up with more funds to open more 24-hour convenience stores at one time, seize the market in advance, and establish a brand image. But this is too much for the capital, and he doesn't have enough money to operate at the moment. After all, he still has to build the Giant Mansion!

The other is to find someone to raise money and attract more partners, so that you can achieve rapid expansion. But in this way, it is equivalent to giving the cake to others out of thin air. The business that is obviously profitable is made by others. Moreover, if there are too many partners, it is likely to lead to the dispersion of shareholdings, and eventually there may be the possibility of being evicted.

"It's very simple! As long as we are a chain store and play the banner of a national chain brand, then under the call of vigorously developing the market economy in the whole country, we can easily get a loan from the bank! Through the loan money, we can easily get the funds to buy the store!" Qin Feng said.

Shi Dazhu's eyes lit up.

"Then, we used the money we made to open a second store. This money is bound to be insufficient, but we can still take out loans. As long as we have a business plan, a certain amount of funds, and a brand, then the bank will still lend to us a second time. In particular, if we improve people's livelihood, provide more job opportunities, and increase the local employment rate, the bank will definitely lend money! And we can get a loan with the lowest interest rate!" Qin Feng said.

Qin Feng clearly remembers that in the past few years, in order to lend money, banks have gone to many factories and companies, begging their fathers and grandmothers for loans, and they have all given the lowest interest rate.

It's just that at this time, many people don't dare to take out loans, thinking that they owe money to others and are unstable. What if you don't have the money to pay it back!

But at the same time, another group of people, they saw the opportunity. Whether it is legal or illegal, I have created various identities, and I went to the bank to borrow a large amount of money to start a business.

Some have made a career and become local figures. Although some have failed, they have not repaid their debts, resulting in many dead debts and bad debts. Even, some people go to the bank to cheat money, and run away after cheating.

In the end, the bitter fruit is swallowed by the state. Because at this time, the financial legal system is not sound enough.

"Loan!" Shi Dazhu nodded.

"But according to your plan, I'm afraid that in the next 20 or even 30 years, this 24-hour convenience store will not produce any money at all. Shi Dazhu said.

All the money has been used to buy stores and expand. There is simply no excess output. In this case, life does not change much for the owner.

Or even that life may still be relatively poor.

Shi Yuzhu looked for Qin Feng to solve a problem, that is, to help him make more money in a short period of time. And this plan, I'm afraid that for a long time in the future, will not provide any funds at all.

"Yes, it won't bring us any cash anytime soon. But in the long run, after 10 years, no, 20 years, the harvest will be huge!" Qin Feng looked forward to the future, and the money scene would be very amazing.

The real skyrocketing housing prices in China began in 2006. This year is January 1994, and there are still 12 years to go. After 12 years, through continuous expansion, Qin Feng is sure that he will open more than 10,000 24-hour convenience stores.

10,000 stores, each 24-hour convenience store, according to the minimum of 20 square meters. Then in 2006, there will be 200,000 square meters of shops in the bustling section.

After 2006, even in third- and fourth-tier cities, the lowest price per square meter of a shop will exceed 10,000 yuan. If you go to Beijing, Guangzhou, and Shenzhen, it is calculated according to six figures.

The value is going to be amazing. Although there will be no benefits in sight for a long time to come, its potential value will be very amazing.

And, once the expansion is stopped, the monthly cash income will be extremely impressive. The value of this industry is unimaginable.

Shi Dazhu took a big sip of tea and took a long breath.

"You're really ambitious! It's still a good idea, it's amazing. So what about the middle strategy!" Shi Dazhu moved to ensure that the blood in his body was unimpeded and could withstand Qin Feng's amazing plan.

It's incredible!