Chapter 606 - 225: Qin Shiqing, Hurry Up and Deal with This Monster!
Chapter 606 - 225: Qin Shiqing, Hurry Up and Deal with This Monster!
As noon approached, Granny Su and Granny Qin, the two talkative ladies, returned home, needing to prepare lunch for the men of the house.
As soon as Qin Daqing entered the living room, he called over Liu Sufen.
"About the New Century Digital franchise, Old Su and I talked to Zelin about it this morning."
It was Su Jianjun who first suggested the idea of switching to a New Era franchise, casually mentioning it to the two elders of the Qin family, initially thinking that Qin Daqing and Liu Sufen wouldn’t be interested.
Surprisingly, the neighbors took it to heart, and after discussing it at home, they felt it was feasible.
Having been in the old business for ten years, with more and more people entering the trade in recent years, the competition significantly squeezed the profit margins.
Although the Qin family believed they could survive with their loyal customers, the business was no longer as profitable as it used to be, and there was no need to cling to the old tree.
In a previous life, they wouldn’t have dared to recklessly seek change and would have continued to struggle on.
But in this life, they had made substantial profits by investing in stocks with the Su family father and son, and subsequent real estate investments had also appreciated easily, making the Qin elders more open-minded and unsatisfied with just earning hard money from the old business.
They felt that Su Jianjun and Su Zelin had more innovative ideas, and the path they pursued seemed more promising, so even Liu Sufen supported it enthusiastically.
She considered the company Su Zelin worked at to be a major enterprise, constantly advertised on TV and newspapers, with neighborhood kids able to return home driving company cars as managers. That signified strength.
Moreover, Su Zelin wouldn’t mislead his own parents and future in-laws, would he?
As long as he said it was certain, then it would surely work!
"How is it?"
Liu Sufen quickly asked.
"Zelin said making money shouldn’t be a problem. In the past half-year, their company opened over forty franchise stores, and some owners quickly opened second and third stores. If they weren’t profitable, would they be so eager?"
Qin Daqing repeated what Su Zelin had roughly conveyed.
Liu Sufen nodded repeatedly: "That’s right, the investors aren’t fools, it seems joining Zelin’s company is the right move!"
"It’s just that the investment required is quite large, at least half a million!"
Qin Daqing added.
"Half a million! Why does it have to cost so much?"
Liu Sufen was taken aback; she originally thought a three hundred thousand investment would be enough. Even if buying the shop stretched their finances a bit, they could still manage by pooling resources with the neighbors.
"Zelin said their company doesn’t approve of small-time operations. They strive to do the best, and their business is not limited to computers but also includes phones, MP3s, and other digital products, requiring substantial capital for inventory. Half a million is the minimum, considering they leniently adjusted the requirements for a small place like Jianglan."
Qin Daqing explained.
"Half a million is quite a lot. Even if we split it with Old Su, raising our share won’t be easy."
Liu Sufen frowned.
The Su family probably had money and could contribute more, but that would mean others getting a larger share, lessening their involvement.
Liu Sufen had a thought: "Why don’t you probe Zelin’s opinion, see if through his connections, he could help relax the approval requirements?"
"I asked, but Zelin said absolutely not. The approval must follow proper procedures, with no exceptions allowed. It’s to maintain the company’s image and to ensure investors’ interests. If conducted too modestly, the competitiveness wouldn’t set it apart from small shops, making it difficult to thrive. However, Zelin said he could privately help us aside from the company’s affairs."
"How can he help?"
"He’s willing to lend us half a million!"
"Half a million!"
Liu Sufen gasped in shock.
Her reaction was similar to when her husband first heard this.
It took her a while to recover: "Zelin, is he really that wealthy?"
"Last time when we bought B-shares, Jianjun said it was Zelin’s idea. He probably invested a lot, maybe even all his available cash, resulting in this savings."
Qin Daqing analyzed.
"Of course, this money isn’t just a loan to us; it’s split with Old Su, calculated at a commercial interest rate."
"Besides, we have to gather more ourselves, and make the franchise store as large as possible, preferably over five hundred square meters."
"Sufen, what do you think?"
Liu Sufen beamed: "That’s certainly doable, Zelin is willing to lend us the money, showing his confidence. We’d be fools not to do it!"
"Yeah, I think so too!"
Qin Daqing nodded slightly.
After murmuring for a while, Qin Daqing added: "About this matter, how about we discuss it with Shiqing and see what ideas our daughter has?"
"Sure, Shiqing will find out eventually anyway!"
Liu Sufen agreed.
The couple went to their daughter’s room, where Qin Shiqing was reading.
Qin Daqing knocked on the door to catch her attention: "Daughter, are we disturbing you?"
"No, dad, mom, is there something you want to talk about?"
The girl’s gaze shifted from the book to her parents.
"It’s like this, dear. There’s a New Era store near Zhejiang University, what do you think of its business?"
They each found a chair and sat down, Liu Sufen asked.
"New Era?"
Qin Shiqing was a bit surprised, not understanding why her parents suddenly asked about this, but she answered truthfully: "It should be quite good, since its opening day, the Zhejiang University store has been bustling. After they started selling phones, business got even better. Many of my classmates buy their computers and phones there. The prices are better than outside, and service is convenient. After-sales support is just a phone call away for onsite solutions."
diymy