Chapter 15 Institution of an organization

In mid-June, after almost half a month of looking out, I lastly discovered it, which can be utilized as the placement of Lao Fengxiang’s flagship retailer.

“Boss, the primary flooring of this retailer is about 1,500 sq. ft (140 sq. meters). We rented the second flooring. The passenger move exterior can be fairly good. The one downside is that it’s lower than 100 meters away from Chow Tai Fook.” Rong Bensheng Take Wu Guangyao and stroll within the clothes retailer that’s nonetheless open.

“This isn’t referred to as a shortcoming, that is referred to as a bonus. If our merchandise are adequate and our service is attentive sufficient, then Chow Tai Fook’s prospects can even turn out to be our visitors. Do you continue to assume this can be a shortcoming?” Wu Guangyao has seen it in his earlier life. One road is stuffed with jewellery shops!

“The boss is so proper, my eyes are slim!” Rong Bensheng mentioned modestly

It’s not straightforward to search out such a big storefront in Queen’s Highway. Rong Bensheng relied on inquiries from retailer to retailer to search out this clothes retailer that was due for half a month and was not renewed.

It may be mentioned that Rong Bensheng’s means has been highlighted, which makes Wu Guangyao really feel that he has discovered a treasure!

“Go and discuss to the proprietor of the clothes retailer. If he strikes out half a month upfront, we’re keen to pay him one month’s hire as compensation. After all, our backside line is 2 months’ hire compensation. You may determine it out! “Wu Guangyao does not need to waste half a month of time, in any case, time is cash to himself.

“Okay, there ought to be no drawback, their enterprise isn’t good, it’s higher to gather some hire again!” Rong Bensheng mentioned confidently.

“Boss Wu, what do you consider this home? Whether or not it’s to open a processing plant or as an organization’s workplace location, it’s good.” An middleman struggled to introduce Wu Guangyao.

This can be a three-story tenement home, which is just greater than 10 years previous, not significantly previous.

There are numerous old style two or three-story tenement buildings on Hong Kong Island, and many of the center class dwell in tenement buildings.

Wu Guangyao is considering in his coronary heart whether or not this tenement can meet his wants.

The primary flooring can be utilized because the handle of its personal safety firm. The safety firm should not solely shield its personal security, but additionally assume the protection of Lao Fengxiang’s property.

The second and third flooring are naturally used as jewelry workshops. All jewelry might be produced right here after which shipped to shops on Hong Kong Island.

With such an association, this tenement constructing must be renovated, surrounded by partitions, the outside partitions ought to be painted, and the inside ought to be barely moved.

This type of factor is of course handed over to Xue Cheng. In any case, after working collectively as soon as, Wu Guangyao may be very happy with him in all elements.

In the long run, Wu Guangyao determined to make use of it. Anyway, it’s only a short lived manufacturing unit for the previous two years. After I get wealthy sooner or later, I can construct one on my own.

After the processing plant was confirmed, excellent news got here from the flagship retailer. The unique proprietor agreed to maneuver in two days and compensate him for one month’s hire.

After renting on either side, either side are within the ornament state, and so they can open on the finish of July.

The time handed daily. By the tip of July, the 2 firms had nearly accomplished their preparations.

Lao Fengxiang Co., Ltd. is registered on the second flooring of the Lao Fengxiang flagship retailer in the course of Queen’s Highway. Sooner or later, Wu Guangyao will lead the administration workers to work there.

Lao Fengxiang Co., Ltd. consists of three components: the flagship retailer on Queen’s Highway Central, the department on East Bonham Road, and the jewellery processing workshop.

Leidun Safety Firm was additionally established on the primary flooring of the Laofengxiang Processing Manufacturing unit. Nevertheless, there weren’t many individuals who had been on the battlefield on Hong Kong Island at the moment, so only some individuals who knew martial arts had been recruited.

In response to Wu Guangyao’s thought, he’s extra keen to recruit individuals who have been on the battlefield as a result of they’ve a murderous spirit.

In any case, martial arts are some routines. The one ones that actually work are killer strikes. Solely those that have struggled on the battlefield will know.

Clearly, the time isn’t but, as a result of the mainland is now at a time when it’s inextricably troublesome to kill. Naturally, there are not any such folks on Hong Kong Island. Even when there are, they’re uncommon and abandoned.

Laofengxiang firm assembly room, the primary firm assembly is being held.

Wu Guangyao regarded on the different 4 and mentioned, “I’ll introduce everybody’s positions: Rong Bensheng, deputy basic supervisor and retailer supervisor of flagship retailer; Li Xia, retailer supervisor of Wenxian East Road; Gao Gao, director of jewellery workshop; Yuan Jian, Minister of Finance.”

“Minister Yuan, let you know concerning the firm’s monetary state of affairs!” Wu Guangyao mentioned to Yuan Jian, who has simply been recruited.

Yuan Jian took out his pocket book and mentioned to everybody, “Mr. Wu, colleagues. Lao Fengxiang invested 22,000 Hong Kong {dollars} from Mr. Wu to determine the Bonham East Road retailer. Throughout the three-month enterprise interval, the full revenue was 50,000 Hong Kong {dollars}. , Right here is 72,000 property!”

“A mortgage of 60,000 Hong Kong {dollars} from the financial institution, so the full property are 132,000 Hong Kong {dollars}.!”

“Subsequent renting, renovation, buying gear, getting ready new shops, and so forth. spent a complete of 40,000 Hong Kong {dollars}, and purchased two Ford automobiles for a complete of 10,000 Hong Kong {dollars}. So we now have a complete of 70,000 Hong Kong {dollars} value of gold and silver items and 12,000 Hong Kong {dollars}. money.”

One of many two Ford automobiles is an organization automotive, used to move gold and silver jewellery; the opposite is meant for use as a fortunate draw for the opening occasion, after all, the possibility of profitable may be very small.

For those who spend HK$100 to attract a prize, the possibility of a automotive is about 3000:1.

After Yuan Jian completed talking, Wu Guangyao went on to say: “The corporate was first constructed, however many departments haven’t been accomplished. For instance, the design division, till now, I’m the one actual designer; there’s additionally the operation division, which is a division for advertising. , Supervisor Rong can even do it first, and wait till I discover a appropriate individual.”

“At first of the corporate’s institution, everybody ought to work laborious. To let you know the reality, I plan to review the fairness incentive system. For those who carry out effectively, it is possible for you to to get the corporate’s shares in 5 years!”

When everybody heard it, their eyes brightened. They could not perceive what fairness incentives are, however they’ll get shares after 5 years of excellent efficiency. That is nonetheless very clear.

Wu Guangyao is not going to be stingy with that little fairness, in any case, he can solely get it after 5 years, and he can provide a most of two% for incentives.

Wu Guangyao then requested: “How are the preparations for the opening of the flagship retailer? Don’t be ashamed of an accident as a result of too many individuals!”

Rong Bensheng mentioned shortly, “Don’t fear, Mr. Wu. There are 12 clerk within the flagship retailer, and 4 clerk in Wenxian East Road retailer are seconded, and 6 folks out of your safety firm come to take care of order. As well as, Minister Yuan and I will keep order. When it opens, keep within the retailer to make sure that there might be no accidents.”

“Effectively, you have to be cautious!” Wu Guangyao knew that within the later generations, as a result of the enterprise was too scorching, one thing can be troublesome.

After the assembly, everybody returned to their posts.

Wu Guangyao took the workshop director Gundam, and took the corporate automotive to the workshop to verify the preparations earlier than the opening.

(Finish of this chapter)