Chapter 293 - 284 Red Cloud Has Many Daughters-in-Law
"Since the lord has plans in mind, I will first familiarize myself with the situation of the Liaodong salt industry!"
Luo Shang said gravely.
The interests involved in the official salt trade are not comparable to those of ordinary industries.
This business is different from the previous ventures of the Luo family. Currently, the Luo family is involved in many businesses—fabric shops, embroidery workshops, gold and silver jewelry stores, grain depots, blacksmiths, carpenters, escort agencies, and so on. Although the Luo family deals with many businesses, these are all conventional businesses.
The salt industry, however, is an entirely different sector. Venturing into the salt industry might very well mean risking one’s entire fortune and even life.
Of course, the profits from the salt industry are incomparable to others; if the Luo family could truly establish a foothold in the Liaodong salt industry, both their wealth and status would elevate by several levels.
It’s a risk worth taking.
"Don’t worry, no rush. The salt industry and sea trade are just ideas I have at the moment. If things go quickly, I might try to get involved in the salt industry by next summer. As for sea trade, it might have to wait until the second half of next year, or even the year after!" Yang Zhenshan said.
The Yang family has numerous assets mainly in real estate and properties, and besides these, they also run horse ranches.
But without him, the horse ranches wouldn’t operate the same, and the profits would significantly decrease.