Chapter 824 - 825: What Does It Mean?
Zhang Yun curiously blinked, "What are you guys talking about? What does a joint-stock system mean? What exactly does it mean?"
Nianyang explained slowly, "The meaning of a joint-stock system is that if you want to participate in this business venture, you’ll need to invest funds, and we’ll jointly run a skincare store. Based on the funds invested and the work done, you’ll receive shares of ten percent or twenty percent, and the profits earned will be distributed according to the shares. Does this method sound good?"
With this explanation, everyone’s interest was piqued.
Except for Li Dongnan, the other men of the Li Family naturally wouldn’t participate, so in the end, it was Shang Wan, Yunrou, Zhang Yun, Liu Yue, and Li Dongnan who teamed up to run the skincare shop.
Aside from Zhang Yun, Shang Wan and Yunrou, the women had always been housewives, dedicated to family roles, and this was their first time doing business, filling them with motivation.
Making medicinal soap requires initial capital; in addition to buying materials for soap production, packaging, brand design, trademark registration, as well as storefront design and renovation all demand a significant sum of money.
Liu Yue and Li Dongnan were the main investors, contributing one hundred thousand in initial capital and receiving sixty percent of the shares, while the others each contributed ten thousand, leaving forty percent to be split, with each receiving ten percent.
Though it seems little, when profits start rolling in, even one percent will be more than enough for a comfortable life.
After explaining the shareholding matters clearly to them, the next step was planning the business venture, with Nianyang providing them with the secret recipes for making over a dozen medicinal soaps.
He taught them how to make the soaps one by one, and once they had successfully made one hundred together, they could then open the shop to test its performance.
Zhang Yun’s cosmetics store was conveniently available, so it didn’t need to be vacated; they could extend the lease for another year, even though Li Dongnan aimed to develop a large company.
However, it’s still early, and taking it step by step is better, as you can’t become a big shot overnight.
Everyone worked quickly on the soap production, and in two days, they had made one hundred, in various shapes.
It was everyone’s first time personally creating products for their own business, and they were all very proud. Li Dongnan eagerly inquired, "Sister-in-law, the soaps are ready. Should we open the shop next?"
Nianyang replied, "Hold on, let’s first decide what to name our skincare store. The brand is crucial; once we register the trademark, we can smoothly launch our business."
Zhang Yun said, "These soaps are your creation; why don’t you come up with a name?"
Nianyang tilted his head and suggested, "How about calling it Juedai? Like the phrase Feng Hua Jue Dai, meaning customers using our soaps will become exceptionally beautiful!"
Liu Yue clapped her hands and agreed, "This name sounds great; it has instant appeal."
Without further deliberation, everyone agreed unanimously. Now that they had a name, Li Dongnan promptly took the soaps to the inspection bureau for registration, and once all formal documents were issued, they prepared for the official launch.
Originally, Zhang Yun’s cosmetics store had decent decor, so they only needed to update the signage outside, leaving the interior unchanged.
Nianyang personally designed the soap packaging boxes, making them as exquisite as the delicate molds of the future, looking especially refined and attractive.
On the opening day, worrying about poor business, they decided to give away the one hundred soaps for free to visiting customers, encouraging them to return if they found them satisfactory...