Chapter 250: Before Shu Yan could say anything else, she saw Yingying's parents charging at her. (2)
Chapter 250 – Before Shu Yan could say anything else, she saw Yingying’s parents charging at her. (2)
There weren’t a lot that needed taken care of in the office but they were tedious. Hu Ruixue was in charge of most of them.
There were 100 slots in the second round of franchisees and they already had 62 joined so far and quite a few in the process of deciding. An increase in number of shops means they also needed to crank up their productions in a relatively short period of time. Even at 100 pieces of clothing per shop, that came out to be 10,000 pieces. And each shop needed way more than 100 of them.
Most importantly, Shu Yan thought the orders for fall sets would decrease now that spring was almost there. Lo and behold, the orders went up instead of down. Someone had opened up the route to Russia and orders and orders of the fall sets were sold to them. They were said to be very popular there.
What Hu Ruixue wanted to talk to Shu Yan about today was to buy a piece of land themselves and build a factory.
“Do we have that much money?”
Shu Yan was tempted. There were still a lot of countryside around City Nan and the land was not that expensive. If they could buy their own land, the return in the future would be tremendous.
“Are you crazy? We will take out a loan.” Who used their own money to buy land? With their company’s current size and reputation, they didn’t even go looking for banks. Banks would be looking for them. “Do you know how many banks had knocked on our door since we have reopened on the 8th? Seven of them, including all the ones that you can name off the top of your head. All of them wanted us to take out a loan with them. Its guaranteed that we will be able to get a loan as long as we want.”
“Land costs a lot.” Could they really get so much money from the bank?
“Of course we can. We will buy the land in an auction first and use that as collateral. Why wouldn’t the bank approve that?” said Hu Ruixue confidently.
“But if you take the land first and pay later, the government might…” That was when it dawned on Shu Yan that all would be fine as long as she had connections. The Land and Resource Bereau wouldn’t care as long as they get their money. It was only a matter of a couple of days. As for the bank side, with the size of their company, they would not be worried about their ability to pay the loan back so the approval would come quickly.
Shu Yan didn’t understand the nitty gritty details of how it worked but, if Hu Ruixue said so, then it must be do-able. She would just follow her lead.
“You have a place in mind already?” That she could help. It was a parallel universe but the overall directions were about the same. She could totally pick out a location that would be very up and coming in the future and, once the demolition came, the government would for sure award them with another location along with a sizeable compensation.
“That is what I wanted to talk to you about.” Hu Ruixue pulled out a map and opened it up. She pointed at a few locations that she had circled in red. “These are a few locations that I have picked up. Take a look and see what you think. We can look again if you don’t like them.”
There was a total of four circles. Shu Yan was very impressed with Hu Ruixue after she had taken a look. Some people were just good like that. All of the locations that she had picked up would become very bustling in the future.
“So, what do you think? Which one of these is the best one?” There was confidence in Hu Ruixue’s smile. She trusted that Shu Yan would like her choices.
“All of them are pretty good. If I have the money, I would buy all four of them.” Shu Yan’s eyes were beaming.
“I feel the exact same way. Do you see this place? There will be a major logistics hub right here. If our factory can be next to it, it will be very easy for us to ship out our products in the future and it will also save us a lot of transportation,” said Hu Ruixue as she pointed at one of the circles.
“Logistics?” Alright, she had overestimated Hu Ruixue. Having a good eye was one thing, having the network was more important.
“That’s right, the country had decided to build their own logistics. There will be two experimental sites located in City Nan and City Yang. This is the location set for City Nan. The land around it would be somewhat difficult as many others had their eyes on it as well.” Hu Ruixue stroked her chin. “The other three locations aren’t bad either. They are a little bit more remote but their sizes are bigger. I feel that if we are going to do it, we should just build a bigger factory. That way we will not need to expand within the next five years.”
Nobody could predict the future. If their country expanded in the next few years, they would, of course, expand with it. What if it wasn’t big enough? That would doubtless be the best case scenario. If their factory could not supply them with sufficient products, that meant that their business had really taken off.
Any of the locations would do and they should take whichever one they were able to.
“Okay, I get it,” said Hu Ruixue with a nod.