Chapter 1361 - 1363
The Dai Family Brothers were chatting, and Gong Ruzhi was also excitedly hugging Gong Ruwen.
"Brother, you came this time to deliver my documents, right?" Gong Ruzhi was expressing gratitude in every possible way when he saw his big brother.
This time, he came back because things on the West Coast had come to a conclusion, and also because he was about to start high school.
Initially, he was really anxious, wondering why his documents hadn’t been mailed yet, and how he was going to register without them.
Unexpectedly, at this critical moment, his big brother stood up.
"No." Gong Ruwen, being an honest man, unlike Zhao Guangran, wouldn’t say he came specifically for someone.
Whenever there was an opportunity to gain a benefit, he would never let it pass.
Not coming specifically, then why did you come? Didn’t Brother just return not long ago? How come he’s in the United States again?
Did something happen, or why else would Brother fly to the United States?
"Your brother wants to start a business; are you interested in investing?" Gong Ruwen found it amusing to see Gong Ruzhi looking so tense.
Brother wants to start a business? No way, "What do you plan to do, Brother?"
Last time Brother returned, he didn’t mention which industry he wanted to get into. I thought he was planning to finish three years of school in the United States before going back to start a business.
Never thought that even before this summer was over, Brother had a new idea.
Truly curious about what industry he plans to enter.
"Do what?" Supporting Brother’s project is a must, but how to support depends on how much money I have.
"Supermarket." Although the stay in the United States wasn’t long, running a supermarket isn’t really difficult.
It’s similar to the old supply and marketing cooperatives, just that they have everything from food and drink to daily necessities and clothing, but without individual counters, just open shelves.
Doing this business requires a variety of sources, which Gong Ruwen isn’t worried about, considering Cai Ming still has a specialty store that can cooperate.
There are also a food processing factory and a clothing factory. With this calculation, not only can their products be grandly promoted, but they can also solve many supply issues.
As for many other things, relying on the business relationships in the Northeast over the past few years, there are also many supply channels available.
Supermarket? That’s impressive? Gong Ruzhi never imagined that Brother would target this project.
He raised his thumb, "Brother, we have to invest, a significant investment."
In other industries, Gong Ruzhi might not be very knowledgeable, but he absolutely understands supermarkets.
"It must be turned into a chain, so it can be more profitable."
"High sales volume, lower purchasing prices. Especially since we receive everything in cash." Nowadays, many people prefer to take on credit.
Many factories with good business eventually can’t survive, not because of defective products, but because their funds can’t keep up.
"Exactly." Gong Ruwen was also shocked by these receivables. His own situation was better; although not full payment for goods, at least a deposit of over half needed to be paid.
For the second batch, if the previous payment wasn’t cleared, no matter how good the relationship, cooperation wouldn’t be possible.
Even so, the accounts receivable figures for several factories were quite frightening. At this time, it really showcased how Gong Ruini’s training school not only made money but also had no debt.
Gong Ruwen had investigated many projects before, and the reason none were started was due to this concern.
"How about this project?" Gong Ruwen asked with a smile.
How about it? "Good project, by the way, are we setting it up as foreign-funded or?"
"Pure foreign-funded." After discussing with Zhao Xuran and the others for a long time, Gong Ruwen decided to go for a purely foreign-funded one.
This would save trouble in the future when dealing with these projects, "And once the business becomes thriving, I’m really worried too many people will target it."
With the foreign-funded label upfront, it could at least deter some of the people.
"Yes, I think so too."
"Even Brother Dai is so cautious, we must be even more careful." Gong Ruzhi absolutely supported the suggestion.
"But what about Uncle’s side?" was Gong Ruzhi’s first thought, even though by now the specialty store might not be the most profitable under Uncle’s name, but Gong Ruzhi knew Uncle still valued it.
He said never to forget our roots no matter when. Initially, without a supermarket entering, this store might still earn quite a lot, but with a supermarket, could the store still have business?
"It can do high-end business." Regardless of any store, the profit from low-end items is never as high as that from high-end goods.
It’s just that low-end goods are more numerous, can’t just sell high-end goods, "At worst, sell those goods to the supermarket." Gong Ruini felt Cai Ming wouldn’t refuse the opportunity to cooperate with a supermarket.
After all, it sounds better to say it’s a cooperation with a foreign investment.
"Yes, right, is Guangran handling the company setup?" The establishment of the company must be settled by Zhao Guangran, who knows the local scene.
Gong Ruini and the others didn’t know anyone, and although it seemed to exploit Zhao Guangran a bit, there was no help for it.
Knowing this moment required him to step up, Zhao Guangran felt resigned, "This isn’t difficult, by the way, just us few investing in the supermarket?"
"Yes, no adults involved." Before setting out, Gong Ruzhi asked Gong Tao and the others, and they said the industries they had were enough to keep them busy, so they wouldn’t get involved.
"Alright then, with the investment shares, we’ll continue to divide them equally?" Zhao Guangran was only concerned about this point.
Gong Ruwen nodded to indicate that’s how it would be.
"Alright, I’ll find someone to set up the company." Zhao Guangran didn’t have time to deal with these things, "But as for the money, it will take some days."
Zhao Guangran suddenly recalled, if a supermarket was really going to be opened, there wasn’t enough money, "A trip to Japan, and we could earn more."
"But we can arrange someone to take a trip back home and see if there’s any good land available." Although there’s not enough money right now to invest in supermarkets domestically, preparations can start.
"Are we renting the space or buying?" Although Zhao Guangran asked in the form of a question, he quickly replied to himself, "I think we should buy the land and build the supermarket."
No kidding, that’s a must, or else keep paying rent and you’ll end up crying. Although the current supermarket margins are high, when more supermarkets arrive and e-commerce rises, supermarkets enter an era of slim margins.
Perhaps by then the main profits from supermarkets wouldn’t exceed the income from rent, "We can open the supermarket on the second floor, and divide the first floor into rooms to rent to shoe and clothing vendors."
Gong Ruini didn’t want the supermarket to undergo renovations again in the future, at least now she wanted a rough layout so future adjustments would only involve decorating the first floor.
Huh, renting out the first floor to sell this kind of stuff, wouldn’t that compete with the supermarket? Gong Ruzhi’s first thought was whether his sister might be out of her mind.
"I think it could work." Zhao Guangran didn’t see an issue; although the investment might rise, the income would increase as well.
"Oh, and there needs to be a large parking lot." Gong Ruini reminded, though currently in Beijing private cars aren’t as overwhelming as in the future, there are many public buses.
"Just encircle more land." Zhao Guangran and Gong Ruini weren’t on the same wavelength.
But he completely agreed with the idea of encircling more land.
Encircling more land in the center of Beijing, even if it costs more at the start, the returns later would be terrifying.