Phi-Fic Chapter 19 The Company's Initial Establishment
Chapter 19 The Company's Initial Establishment
"Even between brothers, accounts should be settled clearly. Now that we're going to set up a company, let's define the basic framework and allocate shares, etc."
Yufei basically grew up in an era of big economic growth; she's never eaten pork, but she's seen pigs run by.
Yufei knew a little about setting up a company.
Yufei's father spoke first.
"Meili and I are just here to help out this summer. We'll be going back to work afterwards, so there's no need to reserve any positions or shares for us."
Yufei's mother nodded in agreement.
Grandpa Yufei did disagree, stating that they also had a share in the company's establishment today.
Finally, Yufei bluntly stated that she wanted 30% of the shares from her parents (10%), 55% from her grandparents, and the remaining 5% to be awarded as bonuses to outstanding employees.
After explaining the reasons to them, Yufei's parents didn't refuse. However, Yufei's grandmother wondered if she had received too many shares.
Yufei analyzed the reasons with him: her grandfather, father, and mother all had jobs, and she was still young, so only her grandmother was suitable to be the person in charge, that is, the chairman of the board.
Since Yufei supplies all the goods, acquiring a 30% stake is more than enough.
Then I explained to everyone that the shares could not be bought and sold at will, and that if anyone wanted to sell, they would have priority.
And so, Junlin Enterprise was hastily established by a half-baked individual and a group of people who knew nothing about business.
The task assigned to Yufei's father was quite demanding: first, to find someone to standardize the logo, and then to register it with the Trademark Office.
A contract also needs to be drafted; even with family members, you must abide by the contract.
Finally, Yufei told her father that when registering the company, they wouldn't just register anything related to fruits and vegetables; they'd register everything from food and fertilizers to other categories.
Li Aiguo wrote all of this down.
The next day, Yufei told her mother that she was waiting for Aunt Chun from the Agricultural Research Institute at the hotel, and that she could go sell vegetables by herself. Yufei's father also went to take care of the things he had been asked to do the day before.
Of course, Yufei couldn't see Granny Chun anytime. She wasn't there to see Granny Chun, but rather to check the fertilizer.
After all, she had to prepare 30 bags of fertilizer beforehand, about 10 bags per acre.
The poultry have been quite productive lately, accumulating a good amount of fertilizer. We can have Granny Chun give it to them when Mom and Dad come back.
However, her solo trip today wasn't just about counting the fertilizer; she also needed to visit Uncle Zhu.
A couple of days ago, when I was delivering the goods to Uncle Zhu, I asked Zhu Xiangui about the piglets. He said he would keep an eye out for them and go check if they had arrived.
Also, discuss the watermelon with him, and then go to the general store to recommend her brown sugar.
Yufei did not intend to mass-market her watermelons.
Watermelons are expensive these days, but hers are a rare breed. She wants to collaborate with Zhu Xiangui to promote her watermelons to high society.
Having bought a watermelon in Japan in her previous life and even fetched a high price at auction, she felt that her own watermelon was no worse than that one.
Yufei arrived at the entrance of Renhe Hotel, a five-story villa that was considered one of the most prestigious buildings in Longyang County.
"Welcome!" The greeters on both sides warmly greeted Yufei, not ignoring her despite her young age.
She couldn't help but sigh, realizing there was a reason why Renhe Restaurant had achieved such a top-tier position in the catering industry.
In 94 years, it would be strange if a business could achieve such exceptional service and not succeed.
A young woman led Yufei and Granny Chun around, asking how many people were dining.
Yufei politely said to the woman, "Miss, we're here to see Mr. Zhu Xiangui. Could you please pass on the message that Yufei is here to see him?"
"Little friend, you and your grandma sit here for a while. I'll go see if Mr. Zhu has returned," the young woman said gently.
"Thank you, sister," Yufei said, giving her a big smile.
They were sitting in the reception area, where another receptionist was serving them tea and water.
They made even those who were just looking for someone feel comfortable.
About 10 minutes later, Zhu Xiangui and the young lady came into Yufei's sight.
"Xiao Yufei~ I just heard you came looking for me, and I couldn't believe it. I didn't expect it really was you."
Zhu Xiangui greeted Yufei warmly.
"Uncle Zhu, it's like this, we have a new product that we've just launched. We'd like you to try it and see if you like it."
As Yufei spoke, she gestured for Granny Chun to give the watermelon in her hand to Zhu Xiangui.
Zhu Xiangui took the watermelon from Granny Chun and gestured to the young lady who had just been looking for him to cut it.
They chatted while waiting for the watermelon.
"Yufei, it's perfect that you're here. You told me before that you wanted some piglets, right? We received them today, and they're even from the famous black pigs of Jingxiang."
Zhu Xiangui said
"But besides the piglets, do you want anything else?"
"Anything else?" Yufei's eyes lit up.
He quickly said
"Uncle Zhu, are there any other small animals?"
Zhu Xiangui nodded, indicating, "There are also goats, chickens, ducks, geese, and lambs."
Yufei was surprised by this unexpected delight and immediately expressed her desire for lambs and goats.
"Okay, but there's too much stuff. I'll take you there in my car later," Zhu Xiangui said, nodding after hearing Yufei's request.
"Okay!" There's too much stuff; I definitely can't carry it all back by myself, Yufei agreed.
Just then, the pretty young lady brought over the cut watermelon.
"Uncle Zhu, have a taste!" Yufei looked at Zhu Xiangui with bright, sparkling eyes, like a puppy waiting for praise.
"Then I won't stand on ceremony," Zhu Xiangui said, realizing that the food they had brought was probably something he had already tried quite a bit, so he didn't invite them to join him. Instead, he gave a piece of the food to the young girl he had just eaten.
He started eating, and after one bite, he suddenly looked up and asked, "How do you plan to collaborate on this?"
Zhu Xiangui believed that he had eaten quite a few good things since becoming the restaurant's purchasing manager.
But nothing had ever amazed him from the very first bite.
Based on his experience, he could guarantee to the chairman that this would be a huge success!
I just don't know how Xiaoyufei will cooperate with him.
“Uncle Zhu, this type of watermelon was a lucky find. Although we're cultivating it with all our might, the quantity is limited. We don't plan to distribute it widely in the market. And since your hotel targets the high-end market, therefore…”
Yufei didn't need to say much more; she trusted that Zhu Xiangui would understand what she meant.
Zhu Xiangui nodded. "I know how to do that now. Let's talk about how to sell these watermelons."
"I trust Uncle Zhu won't treat me unfairly, you can set the price yourself," Yufei said nonchalantly.
Yufei said that, but Zhu Xiangui certainly couldn't set a price arbitrarily; he was such a shrewd person.
He thought for a moment; the current market price for watermelons is 5 cents per pound.
But this watermelon tastes tens of thousands of times better than those in the market.
But I certainly can't afford to spend tens of thousands of yuan to buy it, so he finally gave me the price: 5 yuan per kilogram.
Yufei was actually surprised. The price was about the same as it would be 20 years later, but how many times had money inflated back then? It wasn't even half of what it is now.
Five yuan was actually beyond Yufei's bottom line; she would have been willing to pay 2 or 3 yuan per jin (500g).
So when Zhu Xiangui set the price at 5 yuan, she had no objections whatsoever, and told him that the sale of the watermelons would be handled directly by Aunt Chun'e.