Rebirth of Fishing Village: Starting from Hua Axiang in Jiehu Village
Chapter 1500 Doing Business is Full of Risks
Chapter 1500 Doing Business is Full of Risks
"correct!"
"Yang Qin".
How much money do you plan to invest?
Ding Xiaoxiang turned to look at Yang Qin. This time, she and Zhao Dahai had discussed the same thing, and Yang Qin had actually discussed the same thing with Liu Lei.
"Liu Lei meant that we should invest as much money as we could."
"We'll have to wait until the final figures are calculated and we can see how much it will cost before we can finalize the details."
"Hasn't Hongyun Restaurant been doing very well lately? Actually, they have enough cash on hand, but there's nothing else they can do for the time being, or perhaps Liu Lei and his son Liu Gang don't want to do too many other businesses they're not familiar with."
"Uncle Ding, you guys are the real experts when it comes to buying fish, shrimp, and crabs. If we invest some money, we're guaranteed to make a profit. It's something we can do."
Yang Qin knew very well what Liu Gang and his son Liu Lei were thinking: their business was doing very well, and they were making a lot of money.
However, it is very clear that you absolutely cannot invest casually. You must think carefully before doing business, especially those businesses that you are not familiar with. You must be extremely cautious.
Hongyun Restaurant has been doing really well lately, making a lot of money and having plenty of cash on hand, but it hasn't started any other businesses.
Liu Gang and Liu Lei were very clear that they had to be extremely cautious about any business they were unfamiliar with.
Why did Ding Chongshan want to invest so much money this time? The key is that Ding Xiaoxiang and Zhao Dahai are behind him, and Ding Chongshan himself is a top expert in this field and is very familiar with the market.
Investing in this kind of business will absolutely guarantee a profit.
Since it's a business that can make money, and has a very high probability of making money, then you definitely need to invest as much money as possible.
The problem is that this matter isn't something Liu Gang and Liu Lei can just decide to invest as much as they want; it really depends on Ding Xiaoxiang, and especially now on Ding Chongshan.
"Row!"
"Let me do the math and figure out how much it will cost before we discuss this further!"
Ding Chongshan nodded; it was really impossible to say for sure about this matter at the moment.
Shi Guangming's idea was very simple: just invest a portion of the money to acquire a certain share and wait for dividends. However, Liu Lei and Liu Gang's idea was to invest as much money as possible.
"At first, Grandpa Shi wanted to invest as much money as possible, but later his second grandfather told him that Zhao Dahai might decide to expand his fishing boat fleet at any time, and even if he had money, he should save it for when he buys fishing boats."
Ding Xiaoxiang mentioned that Shi Guangming actually wanted to invest more money, and that he was well aware that the business of buying fish, shrimp and crabs at Shijiao Village Wharf was very profitable.
It's really not easy for ordinary people to mess with Ma Ping and Sun Tie; they might even break a tooth in the process.
However, unlike Zhao Dahai, I have enough money, so this matter is practically a sure thing.
Shi Guangming definitely wanted to invest more money, but he realized that the most important thing for his family was still those fishing boats, so he gave up the plan and decided to invest only 500,000 yuan.
"Yang Qin".
"With Hongyun Restaurant doing so well and making so much money, Liu Gang, Liu Lei, or even you, don't you have any plans to start other businesses?"
Ding Xiaoxiang looked at Yang Qin with a bit of a puzzled expression.
Zhao Dahai always accepted cash when selling fish.
They have a lot of cash on hand, and in fact, Hongyun Restaurant is the same way; they have a lot of cash on hand, and they have a lot every day.
If you keep this money in your hands or in the bank, it's a complete waste; there's no way for money to generate more money.
Liu Gang and Liu Lei are both shrewd businessmen; they must understand this and be considering investing in it.
However, Yang Qin made it very clear just now that there are no other businesses to do for the time being.
Otherwise, it's highly unlikely that they would simply invest whatever amount they can this time.
This is clearly something someone who has too much money and nowhere to spend it would say.
"Who doesn't want to do business? Who doesn't want to make a lot of money? But it's actually quite difficult."
"Every profession is like a mountain to climb!"
"Making money is not an easy thing if you are not familiar with other businesses."
"The only business that Liu Gang and Liu Lei are truly familiar with is restaurants."
"Hongyun Restaurant is doing very well right now and wants to expand, but we are a little worried that if we open another branch in another place, we will face the same problem and wonder if it will affect the current business of Hongyun Restaurant."
"Another possibility is that if we open a branch in another location, we might not necessarily be able to make money."
“A place like a county town is worth considering, but we’re not very familiar with the environment there, and nobody knows what kind of things we might encounter.”
"Liu Gang and Liu Lei discussed it for a long time, and finally decided not to do such a thing for the time being, but to wait for an opportunity or when the time was right."
Yang Qin frowned slightly.
Liu Gang and Liu Lei are not short of money right now; on the contrary, they have quite a bit of cash, but they really don't know what kind of business to do with it.
"Whether it's expanding the scale of Hongyun Restaurant in its current location or opening branches in other places, these are things that really need to be carefully considered. No one can guarantee that doing these things will definitely make more money."
"You don't need to be absolutely certain, but you still need to be at least somewhat certain, or even more than 50% certain, before you do something like this. Otherwise, it's better not to do it at all."
"Now, it's not just people from this town who come to Hongyun Restaurant to eat; people from other towns around here, including the county seat and even the city, come to eat here as well."
“Once we open branches in other places, the people who used to eat here will stop coming back, and the business here will definitely be affected.”
“Opening another branch means increasing costs, and the increased costs are very likely to be very high.”
"The rent for the new branch, the chefs and various service staff to hire, and the transportation of fish, shrimp and crabs are not small costs, but rather very large costs." "More importantly, after opening the branch, can we control the quality?"
"Liu Gang only has one son, Liu Lei, and there aren't enough people he can truly trust to help him."
"There are just too many things to consider here. This is not something you can make up your mind to do casually."
Ding Chongshan shook his head as he spoke.
Doing business is not a simple matter. When a business grows big and you want to open branches, it becomes even more complicated. It's not as simple as people imagine. There are many things to consider and a lot of risks to take.
"Correct!"
"Doing business really requires a lot of caution. Even in an industry you're familiar with, the thought of opening a branch in another place is a real headache."
"It's not that Liu Lei and his family haven't discussed this matter; they've even gone to look at locations for branch stores, and many people have come to Liu Lei and his son Liu Gang to discuss whether they can partner up. But up until now, they still haven't been able to make a decision."
Yang Qin was very clear about these things. She knew that Liu Gang and Liu Lei actually wanted to open a branch, but the problem was that they were a little undecided about whether or not to open it.
"Ding Xiaoxiang".
"What do you think about this? Or rather, how do you think Zhao Dahai will view this?"
"Now that we have so much cash on hand, we can't just keep it in our hands or leave it in the bank without doing anything. That would be such a waste!"
Yang Qin patted her forehead.
This matter may not seem to concern me now, but in fact it is closely related to me; you could even say it is my own business.
"Who can say for sure about something like this?"
"I really don't know what Zhao Dahai is thinking, but I can tell you his opinion, which is to stop bothering with this matter."
"With this money and this mindset, it would be better to buy more shops, more buildings, more land to build houses or something."
"Isn't a stable, reliable income good?"
Ding Xiaoxiang shook her head immediately without even thinking.
Now that Liu Gang, Liu Lei, and Yang Qin have money, they definitely want to make more. There are only two ways to do this: one is to expand the scale of Hongyun Restaurant, and the other is to open branches in other places.
Expanding the business is indeed risky; no one knows whether the business of Hongyun Restaurant will still be the same after adding another floor.
But the riskier thing is to open branches in other places, which is the real killer.
Doing business in an unfamiliar place is not an easy task. If you do it poorly, you will be laughed at and lose a lot of money. If you do it well, people will be envious and try all sorts of underhanded tactics.
Can Liu Gang and Liu Lei really withstand it? If it's in a town, or even the county seat, they might be able to withstand it, but if they go to a more distant place, I really don't know what will happen.
If you want to make more money, you might as well expand the current scale of Hongyun Restaurant.
It's about renovating an entire floor to expand the business area, something we've been talking about all along.
There are definitely risks involved in doing this, but the risks are much smaller than opening a branch in another location.
What about doing other businesses? That's certainly one option, but the problem is that Liu Gang, Liu Lei, and Yang Qin aren't familiar with other businesses, so the chances of losing money are even greater.
If you want to make money without taking too much risk, or if you don't need any experience to make money, then the only options left are buying shops, houses, and land to build buildings.
"When it comes to doing business, Liu Gang is definitely a true veteran. He must have some kind of idea."
"Sometimes no one can say for sure what kind of idea is right. You can only listen to other people's opinions, but in the end you still have to make your own decision."
Ding Chongshan and Liu Gang are about the same age. They often interact and both do business in the town. In fact, they know each other very well.
Liu Gang can truly be described as a self-made man. It's impossible that he lacked ability or vision to build such a large business. It just depends on how he assesses the whole situation.
"Why would you need to worry about Liu Lei making money?"
"Hongyun Restaurant is doing incredibly well right now, making a lot of money, and the business is only going to get better and better, with more and more money to be made."
"Leaving aside everything else, just the shops in this building that have been built and rented out are already a huge amount of money. It would be hard to just lie around doing nothing, you could make a lot of money."
Ding Xiaoxiang smiled and glanced at Yang Qin.
Hongyun Restaurant is doing incredibly well right now, making huge profits every day. Otherwise, they wouldn't have even considered investing so much to compete with Wang Tiemai for business.
Judging from the current situation, Hongyun Restaurant's business will only get better and better.
If we had to say something about seafood restaurants, the most important thing isn't the chef, but whether the fish, shrimp, and crabs are fresh and lively enough. As long as that's enough, everything else is fine.
Why do Liu Gang, Liu Lei, and Yang Qin insist on participating in, or want to invest as much as possible in, the fish, shrimp, and crab purchasing business at Shijiao Village Wharf?
One reason is the certainty that this business can make money, and a lot of money at that. The other, more crucial reason is to ensure that Hongyun Restaurant has enough fresh and lively fish, shrimp, and crabs. As long as this is handled well, Hongyun Restaurant's business will continue to be booming and it will continue to make a lot of money. It's like investing in one thing and making money in two.
Liu Lei and Yang Qin are both shrewd businessmen, and Liu Gang is even more of a seasoned veteran. It's impossible for them not to understand the logic behind this. This is the fundamental and core reason why they are now thinking that as long as they and their father Ding Chongshan agree, they will invest as much as possible.
"Ding Xiaoxiang".
"It's understandable if others say this, but don't you feel guilty saying it yourself?"
"I won't go into the money Zhao Dahai made from fishing, but let's talk about this building you just mentioned. Who owns more shares, you or me?"
Yang Qin didn't hold back at all and immediately retorted.
Hongyun Restaurant does make money, but that depends on who it's compared to.
Compared to Zhao Dahai, he is far inferior.
(End of this chapter)
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