Chapter 162 Expansion of Operations
"Barn, the current store, the situation has just stabilized, is it too radical to expand the scale now?" Relatively speaking, Hou Dalin is still relatively conservative.
Now that he is making money, he can keep up with Xiao Jiu's cost of seeing a doctor, although there is not much left after paying Zhao Yali and Lao Ba, but it is enough for Hou Dalin to live smoothly.
"No, no, Jack, it's you who are too conservative. I've studied the business model, and it's fair to say that in Baltimore, or in the Washington area, no used car can be competitive enough for you.
Jack, you have to understand that in this industry, you have created a whole new model and have your own core competitiveness. ”
Barn seemed to be more confident than Hou Dalin at this time, he was simply in a hurry, and if this good scripture model was not expanded, this Jack was really not good at business.
But no matter how anxious he is, there is no way, after all, this kind of competitiveness is not his, but Hou Dalin's.
Next, Barn described his strokes to Hou Dalin in detail. In his stroke, Hou Dalin's DL practice and his Barn Finance Company formed a new joint venture.
In this joint venture division, Bath owns 30 percent of the shares, Hou Dalin owns 50 percent of the shares, and the remaining 20 percent is used to raise funds on the field or to win over partners.
In order to achieve low cost of parts, it is best for him to start his own scrap car back company, or merge one, and at the last time, he has to pull a shareholder to ensure the stability of the source of old parts.
Next, they have to advertise the entire used car market in Baltimore, so that all the used car dealers will send the used cars they have collected to them for repairs, and then they can pay for the repairs or accept a percentage of the sales.
In this way, it is equivalent to taking out Hou Dalin's competitiveness here separately and providing it to the entire second-hand car market.
However, Hou Dalin knows that his cultivation ability has a limit. He only has twenty-four hours a day, and he just doesn't eat or sleep, and can he fix his car?
"I don't think it's a problem, Jack, you have to understand that the fundamental reason why other used cars can't use this method is that the repair fee is too expensive, and the parts cost is too expensive.
But as long as we specialize this work, we can greatly reduce the cost. For example, for old parts, we only need to build a professional demolition team, which can greatly reduce the price of parts. ”
Hou Dalin nodded, this can be considered. Labor here in the United States is indeed ridiculously expensive, but it is not expensive in other places, such as on Hong Kong Island, where the price of labor is ridiculously low today.
If they form a scale, they can even transport the scrap cars to Hong Kong Island and then ship the dismantled parts back, even if the freight is added, then they will have to make money)
But how could the capitalists use such a stupid way? They could have brought people here. As long as they can create value, they have ways to do it, including avoiding the relevant laws, and if they really don't open it, as long as the profit is enough, they will change the law.
Two months later, a company was founded. Gong's executive is a professional manager, and both Bath and Hou Dalin are hiding behind the scenes.
The scrap car market where Hou Dalin went has now been merged by a new company, and the original boss is now one of the shareholders of the new company.
In this new company, Hou Dalin finally mastered 45 percent of the shares, Zhao Yali's shares dropped to 1 percent, Barn's shares finally stayed at 20, and Quinn, the owner of the original scrapped car factory, accounted for 5 percent, and the rest was sold some, and the rest was divided by several local second-hand car dealers.
The company's main business is to dismantle and repair cars, as well as credit and insurance. Through this wave of operations, Barn successfully won all the credit and insurance contracts as the first shareholder. All second-hand cars that go out of here have to go through his company for credit and insurance.
Of course, his company does not have this qualification, but this does not affect his ability to make money. With these contracts, Barn can negotiate with the bank and the insurance company at will, so as to get the profit share between the bank and the insurance company. Yes (this chapter is not finished!) )
Chapter 162 Expansion of Operations
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In this operation, Bath is the biggest winner.
Of course, Hou Dalin also knows all this, but he has a specialization in the art industry, although this money is easy to earn, but it is not something he can earn) Barn can earn one, in addition to experience and knowledge, connections are also the most important link.
Hou Dalin currently has these things, so he can only make more money on dismantling and repairing cars.
The new company bought a large piece of land, and all the money for the purchase of the land was a bank loan, and then after some operation by Barnes, and with the land Hou Da's original car repair factory, he got enough construction funds from the bank. Today, behind Hou Dalin's DL second-hand car shop, a factory covering an area of more than 20 acres is under construction.
While all this was going on, Hou Dalin first asked people to rebuild the two dilapidated houses he lived in.
Now that I have money, of course I want to live more comfortably. Barn suggested more than once that Hou Dalin should go to an upscale community to buy a better house, but Hou Dalin refused on the grounds that he was too far away and delayed time.
This little thing was also written into the bank loan application form by Ba, which shows how dedicated the core layer of his DLN company is.
The new house is still under construction, and Hou Dalin still lives in the original cabins. Qin Laoba has really worked hard during this time, and there is no big obstacle to simple English, at least go out to buy something or something, and no one needs to follow him anymore.
During this time, both of them got their driver's licenses, and Zhao Yali's naturalization problem was solved naturally with the establishment of DLN company.
That's all there is to the capitalist world, everything is solved. That's not the case in the capitalist world, you can't solve anything without money.
The recruitment of personnel from Hong Kong Island has been completed, and now it is organizing people to come in batches. To tell the truth, Barn's gang is really dark, and most of the recruited people have just passed from the mainland in the past two years.
It's not that he knows Hou Lin's real identity, in order to find him some sense of identity, but that these people want the lowest salary, and the cadres are also the most powerful. For that reason, nothing else.
The first batch of recruits exceeded 100 people, all of whom had industrial backgrounds, at least had worked in factories. In this way, as soon as the workers arrive, they can quickly organize themselves to work.
Employees came to provide room and board, and each person was paid a daily salary, not even a Baltimore native. That's it, and half of the payment is in Hong Kong dollars. That is, the workers who came over did not even pay $150 a month, and half of them were paid in Hong Kong dollars. What fell into their own hands was only a few dozen yuan a month.
It doesn't sound like much, but for the people who are struggling on Hong Kong Island, it's a lot. Much higher than their local income level.
Chinese people are accustomed to enduring hardships and saving money, so what Hou Dalin can do is to try to make the living conditions here a little better, and slightly improve the dormitory and food.
By the summer of the '70s, DLN was almost in shape. At this time, Hou Dalin also felt all kinds of pressure, the biggest source is the bank, the loan has a term, how can the bank let you use other people's money in vain.
Under the pressure of repayment, Dalin took more than 100 workers to devote himself to intense and orderly work.
Hou Dalin's efficiency is gained, but the others are too bad. In addition to being unfamiliar, the main thing is that the old big pot of rice is at work. Although there are also production tasks here, the managers here are formulated according to the standards of the locals.
Of course, Hou Dalin knew in his heart what the standards of the locals were. Within a few days, Hou Dalin called Bath over, contacted representatives of several shareholders, and jointly convened a board meeting.
At this meeting, Hou Dalin put forward his own ideas. That is, to bring the contract labor system to his company in advance.
After this period of exploration, Hou Dalin and several managers in the factory jointly set detailed prices for parts of different brands and models of cars.
Workers can be independent or in small groups to disassemble parts together, and the original basic salary system is retained, which is (this chapter is not finished!). )
Chapter 162 Expansion of Operations
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To their rigidity wants.
On this basis, as long as they complete one more part, they can get piece-rate wages ranging from a few dollars to dozens of cents)
Workers want to work overtime? No problem at all! As long as the working hours in a day do not exceed the maximum limit set by law, you can work overtime as you like! It doesn't matter if you want to exceed it, but if something dangerous happens and what personal injury is caused, it's your own business, and it has nothing to do with the company.
It sounds cruel, but that's exactly what it is! If you want to make more money, you have to work hard!
However, this point was rejected by Barnes and Kevin, supposedly because it was too dangerous, and some data showed that the number of work-related accidents increased significantly when workers did not get reasonable rest.
They are not thinking about human life, but once there is an accident, even if the company does not have to lose money, then the profits created by these people in the few hours they work are still less than the losses caused by the loss of a skilled worker.
Eventually, the maximum number of hours worked was set at fourteen hours.
After the resolution was passed, Hou Da announced the decision in the workshop, and at this time, the whole workshop was jubilant, which surprised the local managers who were hired, they really couldn't understand why they would be so happy to work overtime in the future?
Where do they understand what the term piece-rate wages means to them?
Chapter 162 Expansion of Operations