The wealthy entrepreneur: I want to support millions of employees!.

Chapter 244: Su Yang's change of mindset! Isn't 3% interest just free money?

Su Yang never thought about making huge profits in the housekeeping industry.

Meijia Housekeeping can definitely maintain an extremely low profit margin for a long time!

What he values ​​most is the number of employees that can be developed in the domestic service industry.

And the impact it may have on mid- to high-end customers in the future.

Including some membership bundling services that may appear in the future.

Therefore, how much salary these domestic workers can get depends mainly on their hard work!

Su Yang had no intention of exploiting them.

After being acquired by Jufan Holdings, Yulong Technology also began to relocate and prepare to move to the Hyatt Tower.

In order to save rent, Yulong Technology's previous office building was relatively old and remote.

The office space is also relatively cramped, with thirty employees crammed together!
Especially when that group of programmers crowded together, it was so smoke-filled, like being in fairyland!

Even the office of the boss, Shang Guibing, is very simple.

In order to facilitate management, for future expansion, and also to provide employees with a better office environment, the relocation of Yulong Technology is imperative.

Jufan Holdings quickly rented an office in the Hyatt Building, and the property management of the Hyatt Building also gave some rental discounts.

Now Jufan Holdings is at least a VIP customer!
August 29th, 9:55 am.

Tian Hanxiong, the account manager of Longyin Bank, who was dressed up carefully, was led by the front desk to the office of the general manager of Jiuxiang Catering, where he met Chen Li and Ji Guoxiong who were chatting with two other guests.

When he saw these two guests, his eyes fixed!
A middle-aged man in a suit also said with a smile: "Hey~ Manager Tian, ​​I didn't expect Manager Chen to invite you as well?"

Tian Hanxiong nodded helplessly: "Manager Zhao!"

"Old Xu, this is Tian Hanxiong, the account manager of Longyin!" Manager Zhao introduced with a smile, "Manager Tian, ​​this is Manager Xu Chengcai from Le'an, both of them are our seniors."

Tian Hanxiong called out, "Manager Xu!"

Xu Chengcai smiled and nodded: "I know you, Manager Tian. I heard you are very capable!"

"Manager Tian, ​​please take a seat!" Chen Li greeted with a smile, "We're just waiting for you!"

Tian Hanxiong said helplessly: "I didn't expect you to hire people from other banks!"

The last time he met Chen Li in a coffee shop, he took a look at the financial statements of Jiuxiang Catering after returning... and then he was attracted by the scale and development speed of Jiuxiang Catering!
The overall environment of the catering industry is not very good right now, and many giant restaurant chains are having their stores closed.

However, the Jiuxiang Hotpot chain store under Jiuxiang Catering was able to buck the trend and developed into a local giant hotpot chain store in Rongcheng in just one year. It also gained a foothold in the mountain city and developed more than 40 stores.

And there are more than 40 stores, all of which are directly operated stores!
Of course, Tian Hanxiong can clearly tell the difference between directly-operated stores and franchise stores.

Running a directly-operated store is much more difficult than running a franchise store. It requires the company to have strong management capabilities and also requires the company to pay high management costs!

Tian Hanxiong has also eaten at Jiuxiang Hotpot Restaurant. The taste is really great and the service is also quite good.

But he didn't expect that Jiuxiang Hotpot Restaurant had developed to this extent!

In Tian Hanxiong's view, the Jiuxiang Hotpot chain store definitely has the potential to develop into a domestic giant.

But he had to admit that Jiuxiang Catering was a bit weird!

If they open up to franchising and invest more in advertising and marketing, the number of franchise stores will probably exceed 200, and it is not impossible for the company's profits to double!
At this stage, opening a hot pot restaurant by yourself will not bring as much profit as teaching others to open a hot pot restaurant.

And it’s not easy to lose money…the ones who lose money are the franchisees!
As for the Weimeijia brand under Jiuxiang Catering, Tian Hanxiong also cares about it very much.

With more than ten Weimeijia branches, the average monthly profit of each store is close to 100,000 yuan, which can provide Jiuxiang Catering with more than one million yuan in profit every month. Although the scale is not as large as Jiuxiang Hotpot, it is also a high-quality potential stock!

Then he checked the other companies under Jufan Holdings that Chen Li had mentioned to him, and soon noticed Jiuxiang Food!
He does not have the financial statements of Jiuxiang Food, and Jiuxiang Food is not a listed company, so its financial statements cannot be made public. However, based on its scale and excellent online reputation, it can be concluded that this newly emerging snack brand is also an excellent company!
When lending money to small and micro business owners, banks are afraid that they will not be able to repay the money.

However, when it comes to lending to official enterprises, large companies, or medium-sized enterprises like Jiuxiang Catering that have obvious development potential, banks are very proactive.

With a net profit of three million per month, borrowing tens of millions is not a problem at all!

But he didn't expect that Chen Li actually hired account managers from other banks!

"The main reason is that these banks have cooperation with the head office!" Chen Li smiled and said, "So we invited them to inquire about the loan this time."

Manager Zhao smiled and said: "Jufan Holdings uses our bank's bank cards to pay employees' salaries. The bank where the account is opened is our bank!"

Manager Xu said: "Jiuxiang Food has a loan from our bank!"

When Jiuxiang Food acquired several indebted companies, the lending bank was the bank where Xu Chengcai worked.

Seeing that most people had arrived, Ji Guoxiong suggested, "Let's go meet our boss together?"

"it is good!"

"I've long wanted to meet this legendary President Su!"

"Let's go!"

Three bank account managers also stood up.

Not long after, they met Su Yang and Financial Director Guo Xueqin in the office of Jufan Holdings.

Su Yang also greeted them politely and chatted with them.

We mainly talked about the reasons why Jiuxiang Catering needed a loan, and also talked about the fact that other companies such as Jiuxiang Food, Xinghuo Media, and Fengyuan Food Materials may also need loans in the future.

Originally, Su Yang was not very enthusiastic about the loan, but Chen Li was more concerned about his desire to apply for a loan!

Later, Su Yang discovered that the people around him seemed to be open to taking out loans.

Financial Director Guo Xueqin and Ji Guoxiong both believe that appropriate loans will be more beneficial to the company's development.

Just because the company is not short of money now doesn’t mean it won’t be short of money in the future!

Borrow more money from the bank, and when your credit limit is improved, you will be able to borrow more money and get more discounts in the future!

The finances of the companies under Su Yang's name are now very healthy. Except for Jiuxiang Food, other companies have no debt at all!
When Su Yang heard that the current bank business loan interest rate might be above 3%, he had some ideas.

He thought the interest rate for borrowing money from the bank would be very high!
It's just 3% interest, what's the difference between this and giving him money?
He is actually not very opposed to borrowing money from the bank.

Over the past year, his mentality has changed to some extent.

When he acquired several food factories, he specifically targeted those with debts!

Even if Jiuxiang Catering can only borrow 30 million, which is just its current "monthly income", it is still a considerable amount of cash.

The main thing is that Jiuxiang Catering can borrow 30 million yuan. Can Jiuxiang Food, Xinghuo Media, Fengyuan Food, and Xinghuo Fitness also borrow 30 million yuan?
Wouldn’t the total be 150 million?

With these loans, he can put his cash flow into other industries!

It is equivalent to the system giving him 3 million in advance and only charging him % interest!
Isn't this a good thing?

Therefore, Su Yang, who was somewhat tempted, decided to test the waters with Jiuxiang Catering first!
Of course, his mentality is that as long as he can get a loan, it doesn’t matter if he can’t.

(End of this chapter)