Chapter 167 Placing an Order
In the eyes of other employees of Bailian Company, Jing Jian, the new boss, had a very good first impression and was very friendly. He shook hands one by one, exchanged greetings, and announced that from tomorrow afternoon to evening, a picnic barbecue party for the whole company will be held on the large lawn in front of the company, and family members are welcome to attend.
The only valuable asset of Jennifer Company, now White Lotus Company, is this three-story office building located in the outskirts of Los Angeles. To be honest, it is not much different from the villa built by Jing. However, the building has been mortgaged to a local commercial bank, and the loans have become backlogs of goods in the warehouse.
The original Jennifer Company was a very traditional mail order company. Since the mail order industry in North America is quite developed and competition is fierce, many companies have changed their sales format, mainly adopting direct sales points, which is the pyramid scheme that modern China hates pain. However, in the United States, such direct sales, or pyramid schemes, are legal. For example: Amway.
But Jennifer's company is more traditional, so it has always adopted the "most primitive" advertising paper - phone - mail sales model. So it gradually failed in the overwhelming pyramid scheme encirclement. However, the goods it originally sold were no different from those direct sales companies. Low-quality jewelry, cosmetics, health food, etc. were non-essential products that were very different in price and were prone to impulsive consumption by housewives.
Therefore, the company's warehouses now have 5.6 million yuan of goods, and the monthly salary expenditure is about 50,000 US dollars. At this time, there was no inflation like the later ones, and the US dollar was still quite valuable. The salary was not too high. The basic weekly salary of ordinary employees is about 3,400 US dollars.
As for the company's other expenses, it is $3.4 million a year. The biggest expense, express delivery, requires purchases, and so it can be counted as a cost.
Before coming, Jing Jian had already studied the company's information in detail. Therefore, as soon as the greetings were finished, he and Smith gathered several company managers including Kent.
As soon as he sat down, Jing Jian went straight to the topic: "I'm happy to meet you. Before coming, I had already negotiated with Bank of America to secure a loan of $500,000 for the company with my personal assets. This amount of money will be entered into the company's account next week. And in the remaining months today and the whole year next year, another $2 million in cash will be invested."
Kent and others were all relieved when they heard this. With money, the company basically cannot go bankrupt in the short term. The bankruptcy law in the United States is similar to that in China. The company's bankruptcy only involves the company's assets and has nothing to do with the boss's private assets. In other words, even if the White Lotus Company goes bankrupt and liquidate, Jing Jian's personal assets will not be affected at all and do not need to give his own money to the company. However, Jing Jian's approach now is the support of the company by private companies. There is no equity issue involved here. It is originally unique to Jing Jian's private company. If there is any increase, it is still 100% unique to him.
Jing Jian continued: "To motivate you, I have made a private decision that in addition to the salary specified in the contract with you, 10% of the company's profits will be distributed to the company's management as dividends, and 10% will be distributed to all employees of the company."
Kent and others basically ignored this. They used to be unable to make ends meet, but now if they can balance their income and expenditure, they can be God's blessing. Besides, this new boss is really young and comes from Red China, and those here are basically lacking in confidence.
Jing Jian also ignored Kent and others' negative attitudes. He continued: "I don't care what you did before, I just look at the performance from now on. Here is a recent work plan, you can take a look..."
All the managers looked carefully and there was basically no objection to their work content in the work plan, because they were the ones they did. Only Kent and Mr. Rob, who was in charge of sales, were surprised: "Boss, how do you sell these? And they are from China?"
The company has a long history and is somewhat concise. It is not only true that the market research of various products is very familiar, but at least it is quite familiar. Mr. Rob introduced to Jing Jian: "Boss, these fast-moving consumer goods are basically sold in major shopping malls and supermarkets. The profit is very thin and not suitable for mail order. Clothing, shoes and socks are OK, but also... The biggest problem is that all these products come from China. The purchase price may be low, but the quality cannot be guaranteed at all. We do not have a brand, and it is impossible to pass TV advertising, so..."
Jing Jian listened very carefully, not for the sake of the knowledge, because he had known it for a long time, but for his preliminary investigation of Rob. It should be said that he could barely pass the exam.
"What do you have any other opinions?" Jing Jian asked Kent again.
"Boss, I think it can be sold as a gift. It would be okay if you can increase sales every month," Kent replied.
Jing Jianke has labeled it, is good at communication, and is more adept at me. Maybe he has enough ability to manage small companies, but he is not pioneering enough. However, now there are only a few people on hand, so I can just make do with it.
Since that's the case, it's better to make a decision.
"At present, there are several things that need to be handled. First, Kent, I need to establish a branch in Hamburg, at least build the most basic manpower. You are responsible and give me a reply within a week. The preliminary budget is 1 million marks; Second, I will purchase goods with a FOB price of 400,000 US dollars from China in advance. I will be responsible for this. Third, contact our cooperative packaging factory. In the past few days, I may go and check and discuss new commercial cooperation. Fourth, the previous mail order business will proceed as usual. I found that the monthly sales are actually above 100,000 yuan, but the warehouse backlog is increasing at a rate of 340,000 yuan per month. I don't know what is wrong here, and I don't want to hold anyone responsible, but if I continue, I will stop selling the backlog of goods. It cannot be endless..."
...
At the Nanwan construction site thousands of miles away, Wang Guobin was busy with the construction of 15 foreign-funded factories in one go. Although the scale was not very large, the local government was overjoyed and gave the green light.
However, Wang Guobin was under great pressure. Now he was short of money, assistants, staff, materials, and... Anyway, he was short of everything. Every day he saw money flowing out like water, but he had no idea about the future of the factory, which made Wang Guobin very anxious.
At this moment, suddenly, my cousin who brought his help came over happily: "Brother Bin, I just faxed the order and I have $300,000."
Chapter completed!