Chapter Ninety-Three: The Plan

"Is the price of 8 million gold dong offered by the Shi Luohua Group?"

In the general manager's office of the Rising Sun Company, Kadirun Jebson, who was sitting opposite Li Mochen, thought thoughtfully: "Although it is not enough to fill our previous investment, but in terms of our company's current situation, this price is still more appropriate, and it is better than nothing." ”

Li Mei frowned: "But our investment before and after has reached 9.4 million gold shields! This is not counting the value of the land itself, after selling this project, the company's remaining money may not be enough to repay the loan and interest, they are taking advantage of the fire to rob!"

She was also in favor of the company selling the land of Archibald Apartments as soon as possible, but Li Mochen somehow got involved with the Pearson Darby Spector Law Firm, which made her look forward to more.

Li Mochen also understands her dissatisfaction, although the Rising Sun Company is only a two-year unsecured loan of 8.5 million gold dong, the interest rate is as high as 8 percent.

In other words, after 14 months, they had to repay nearly 10 million gold guilders with interest.

Jessica Pearson's client's offer was indeed a robbery while the fire was burning.

"According to the contract, we can repay the loan early, which will avoid interest for the next year. ”

Kadirun Jebson smiled bitterly: "I guess we can still talk to them about the price, and it is estimated that there will be room for 1.5 million gold dong." This should be the most sincere buyer right now, and we'd better not miss it. ”

Li Mei immediately retorted: "But if we develop the real estate ourselves, even if we remove the cost, we can make a profit of more than 10 million gold dong." ”

"You're so naïve, May!"

Kadilan Jebson shook his head: "The problem is that our Archibald apartment has now been converted into industrial land, and we can't continue any further, right? The Atlanta Bloodido is a mafia, I know their methods, and when Antonio starts to do whatever it takes, the entire company, and your family, may be threatened—"

"No need to argue, I'm going to sell this land. Of course, the price must not be 8 million, Kadiren you can talk to them first. ”

Li Mochen interrupted Kadilen's words: "There is also overseas trade business, and you can do it if you can, and you can't do it and don't force it." I plan to shift the company's next business direction to home appliance sales. ”

"Home appliance sales?"

The two people on the other side of the desk not only looked at each other, but also looked like they wanted to speak.

Home appliance sales - this is an industry that Glorious Sun has never set foot in before.

Li Mochen was not surprised by the expressions of the two: "I understand your concerns, rashly involving untouched industries may lead to losses, but the business model I envision is an innovative and subversive one, and it should have quite broad business prospects." ”

Kadirun Jebson's expression was noncommittal: "Ame, can you give us an explanation, if that's convenient?"

He can't help but worry that the innovation and subversion that young people talk about often mean fooling around.

"I call my plan the Integrated Store Plan. Don't you think that the current sales method of household appliances is very unreasonable and inconvenient? Sellers and agents of various brands are distributed in all corners of the city, and people often need to run all over one or two streets in order to compare their cost performance, and the after-sales service experience is also very poor. ”

Li Mochen explained step by step: "But if there is a large enough comprehensive store that gathers several high-quality electrical appliance brands to sell together, providing one-stop service and near-affordable goods?"

"General store?"

Li Mei was stunned: "I think this should cost a lot of money?"

"It is impossible to open such a store in the commercial center and organize the supply of goods without a few million gold. ”

Kadiren Jebson thoughtfully said, "But there is something feasible about this business plan. ”

"In the initial stage, you don't need to open in a commercial center, you can consider choosing a store near a large middle-class community with good security. ”

Li Mochen smiled slightly: "I have thought about it carefully, one such store is about 500 square meters, which is enough to concentrate several brands of electrical appliances." Including rent, decoration, personnel and security costs, air-conditioning equipment, and various expenses, the cost is about 1.2 million gold dong to 2 million gold dong. When we sell the Archibald Apartments, we should have enough money on our books to open six or seven of these stores throughout Atlanta. ”

This comprehensive electrical appliance store plan, he has indeed been well thought out. Compared with those deep-rooted traditional industries, the home appliance retail industry, which only began to emerge more than ten years ago, is far less powerful than the former. He will face much less resistance than in traditional industries.

"In other words, you won't pay the loan for the time being, right?"

Li Mei's eyebrows furrowed again, as the company's financial director, she couldn't help but feel worried about Li Mochen's ambitious plan, which would cost a huge amount of money and exhaust all the capital reserves of the Rising Sun Company.

"Seven stores, is that too many?"

Kadiren was similarly skeptical: "I'll admit that Amo's idea is genius, but I think it's better to try the water in the early stages of the project." This can make it easier for us to accumulate experience and dredge up all aspects of the relationship. ”

"That's because we don't have time, and it's important to remember that there are more people in Atlanta than we do. In the time we have gained experience, it is likely that someone else will occupy the entire market. And the money we owe to the bank, if we don't repay it early, the interest alone will be hundreds of thousands of gold guilders. It would be a great loss to let them lie in their bank accounts. ”

Li Mochen persuaded patiently: "If I started from scratch and went it alone, I might choose a more cautious approach." But now, don't I have you? Although it is different from the previous import and export trade, there is always something similar in any business practice. ”

This is the value of the Rising Sun Company, a company of more than 20 loyal and capable executives, enough to support his plan.

"As for government relations, don't worry for the time being, the Nathan Movement Group still owes me a promise. They will help us to sort out everything on the part of the government, and by the way, let the police pay attention to our stores. ”

When Kadilon heard this, his eyes lit up and he fell into deep thought.

Li Mei hesitated: "But after only 13 and a half months, we have to repay a loan of nearly 10 million." ”

"That was a year later. ”

Li Mochen smiled slightly: "As long as we can support enough sales in the next year, we can use the identity of a large channel merchant to obtain strong bargaining power, and even ask the manufacturer for admission fees." So profitability is never a problem. Of course, this is just my speculation. Before we get started, we'll have to do a detailed market research—"

Before he could finish speaking, Kadiren replied flatly, "Just do it! I think it's a great idea." I'll do the market research in the next few days, and then we also need to hire some talents in electrical appliance sales, store management, and get the agency rights of several well-known brands, or distributor qualifications, right?"