Chapter IX Transformation Plan

How hard is it to acquire a company?

Jack finally got it.

Although Jack and Mayne Cedric reached an acquisition intention on the day of Jack's visit to Mayne Cedric, it was not until half a month later that the acquisition agreement was signed after the lawyers, accountants and others hired by both parties confirmed that there was no problem, and the follow-up change procedures were completed.

And this, also because Cedric's company is controlled by Mayne Cedric, if you buy that kind of company with scattered shares, Jack feels big just thinking about it.

For this acquisition, Jack is quite satisfied.

The fixed assets of Cedric and some insignificant invisible assets were worth about $90,000, and because Cedric owed $45,000 to the Bank of Italy, Jack and Mayne Cedric finally agreed that Jack would take on the debts of the Bank of Italy and acquire Cedric at a premium of 10 percent, that is, $50,000.

With the transfer of $50,000 to Mayne Cedric, he now had more than $20,000 left at his disposal.

As for the bank debt, it will not be due in half a year, and he is not in a hurry now.

After waking up early one morning and eating a simple breakfast made by Ruth, Jack said goodbye to Ruth and drove to Cedric's company.

Unlike before, this time, he went over as the owner of Cedric's company.

Therefore, when Jack first arrived at the company, he was greeted by several people with different thoughts.

As the saying goes, there are three fires for a new official, and now Cedric's company has a new boss, as long as it is not hopeless, a little self-motivated, and wants to keep his job, or even go further, he must leave a good impression on the new boss.

In the office that originally belonged to Mayne Cedric, Jack sat at the top, and the three main executives of Cedric's company, including President Andy, Finance Director Albert, and Sales Director Quincy, sat on Jack's side.

After sitting on the main seat, Jack pondered his emotions for a while, his eyes glanced left and right, and saw that the three of them were already sitting upright, and said, "Good morning, everyone, who am I, I don't think I need to introduce me." ”

"But I still have something to say to you, some people may see me so young and think I'm easy to deal with, but I hope you'd better not think like that."

"You have to believe that when I bought Cedric, I was not hot-headed, nor was I unable to spend too much money, in fact, I really wanted to develop Cedric and make the cars produced by Cedric the best-selling cars in our United States and even in the whole world."

"Just like a Ford car!"

Speaking of this, Jack found that although the three people present posed as if they were listening carefully, a wave of disdain inadvertently leaked out.

Jack took a little and understood why this was happening.

The reason is very simple, he is only twenty-one years old this year, he is still too young, and the other is that he has not yet proven his ability in front of these people, so the three of them despise themselves a little.

As for the respectful attitude of these three people in front of him, it is only because he is now the owner of Cedric's company, and they are still counting on Jack's salary to support their family.

In that case, it's better to be on business!

Thinking of this, Jack simply changed his attitude and asked Andy who was in charge of production directly: "Andy, how much time does it take to produce a car now?" ”

"Under normal circumstances, it takes about twelve hours to produce a car, boss." Although he didn't know what Jack was going to do when he asked him this question, Andy told him the answer he knew before Jack finished speaking.

Seeing Andy answer along his lines of thought and smiling slightly, Jack asked again, "Have you ever thought about the reason why it takes twelve hours to produce a car?" ”

"This ......" couldn't be answered after hearing Jack's question.

Because Andy thinks it's strange, isn't it basic common sense that it takes about twelve hours to produce a car?

Seeing that Andy couldn't answer, Jack looked at the other two, "Albert, Quincy, do you two know what the reason is?" ”

"I don't know ......" Albert, the chief financial officer, thought for a moment, but couldn't think of a reason, so he could only shake his head.

"It seems that there are too many parts for the car, and when assembling the car, workers waste a lot of time looking for parts......

Jack's eyes lit up and he looked at Quincy, the sales director, and a flash of surprise flashed at the reason Quincy said, although not comprehensive, but it also accounted for a considerable part of the reason for the slow assembly speed of the car.

Moreover, Jack was very happy, because he felt that Quincy was a person who liked to observe and think.

And talents, naturally, should be reused.

Jack couldn't wait to get Quincy up right away.

But in the end, he held back, even if it was to be reused, but not now.

"Quincy, you're very good!" Jack complimented Quincy, and then without beating around the bush, he directly stated his purpose.

"I have a set of automobile assembly line production design drawings and manuals here, as long as it is implemented, it can increase the production speed of the car by at least eight times the technology, starting today, led by Andy you, Quincy cooperates, the automobile production line will be transformed into the assembly line production technology I designed, and then recruit workers to accompany the care, and when the workers are mature, the mass production of CedricII. will be restarted."

After finishing speaking, Jack took out the production plan of the car assembly line designed in his spare time in the past few days and handed it to Andy, who was closest to him.

"Okay, boss."

Although Andy was very reluctant to believe it after hearing that Jack had a technology that could increase the assembly time of cars by at least eight times, his more than 20 years of professional career still made him endure the desire to refute in his heart, obediently took it, and then flipped through it.

"Albert." Jack looked at Albert, who was in charge of the company's finances, and after a shout, he said, "I will inject another $20,000 into the company, and this money will be used as assembly line renovation and CedricII. mass production funds, and you need to plan the use of funds reasonably." ”

After hearing that Jack was going to inject $20,000 into the company, Albert, who was only about thirty years old and a little younger, was pleasantly surprised.

As the company's financial director in charge of the company's money bag, whether the company has money or not, his position in the company is two extremes.

How could he be unhappy?

Looking at the excited Albert, Jack sighed quietly.

"Or because there's no one!"

Seriously, if he had someone he could trust, Andy and Quincy said that Albert would definitely be replaced, after all, the company's finances were at stake.

"Ruth doesn't want to worry about the company's affairs, and in the future, until I find someone else I can trust, or I can trust Albert, I can only keep an eye on it."

……

PS: Brothers, ask for investment, recommendation, review and follow-up, etc.!