Chapter 648: Toy Store Renovation Plan
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
For Luo Feng, the recent acquisition of Warring States period artifact was greatly beneficial. Despite the unintentional assistance, Luo Feng had no intention of shirking his responsibilities.
“I’ve settled matters on my end,” he began. “Now, let’s discuss the issue with your store.”
Luo Feng had already formed a judgment about the storefront. With its current location and the type of toys it sold, making a profit seemed nearly impossible.
It would be simple enough for Luo Feng to help — just provide funds. But Luo Feng also knew that the elderly lady running the store wasn’t one to just sit back and watch the world go by. If she were, she wouldn’t have kept the toy store running for so long. Given the store’s prime location, she could easily lease it out and make a tidy profit.
“I have two proposals,” Luo Feng began, jotting down on a piece of paper.
“First, I could give you ten million. You can use this money however you see fit, be it for store maintenance, operational costs, or personal expenses. To me, this amount isn’t substantial, so giving it to you isn’t an issue.”
“Secondly, I could provide you with one million, coupled with a detailed operational plan to revive your business.”
Luo Feng paused, looking at the elderly woman, awaiting her response.
“Grandma, let’s take the ten million!” Jardins’ voice piped up, offering advice to the old lady.
However, the elderly lady hesitated. She was aware of what ten million meant a life free from financial worries. But she was torn. Reflecting on her years of managing the toy store, she knew she wasn’t cut out for business. The store had suffered losses under her management, and she bore responsibility for its state. She had held on to this toy store for most of her life. She didn’t want to see it decline in her twilight years.
With a determined look, she approached Luo Feng and said, “I want you to help me run this toy store. I’ll take the one million.”
Hearing this, Luo Feng nodded approvingly.
At the same time, Jardins too, seemed to grasp the old lady’s intentions. She didn’t object but silently observed from the background.
Luo Feng handed the elderly lady a check for one million. “Keep the money safe. I’m quite busy recently, so I can’t manage this toy wholesale market personally. However, I’ll draft an operational plan. You can have Jardins assist With that, Luo Feng departed.
In his mind, he already had a broad outline. Their toy wholesale market wouldn’t just cater to local customers. The old toys they had would not appeal to the current generation of children. However, they could be sent to third-world countries. Although this approach might not be profitable and could even result in losses, it was just a part of Luo Feng’s broader strategy.
The current warehouse was enormous. A portion of it could be leased out, providing additional income. The rent, combined with the million Luo Feng provided, would aid in the toy market’s transformation. Now, the task was on Jardins to research the current toy trends and find out which toys were most popular.
Luo Feng’s idea of clearing out the old toys had a hidden agenda. Gathering old toys from all over the country and shipping them abroad required a consistent logistics company. Luo Feng planned to establish one. He needed a logistics company to cover his transportation of artifacts.
After some calculations, Luo Feng approached Liu Jian, inquiring if there were any near-bankrupt international logistics companies nearby. Acquiring an existing company was much faster than starting from scratch.
Soon, with Liu Jian’s assistance, they identified a company on the verge of bankruptcy. The acquisition was smooth. With a mere two hundred thousand, Luo Feng managed to purchase a complete international logistics company. Even though the company was nearing its end, it had solid operations but suffered from a cash flow issue.
After investing more money and appointing Liu Jian as the company’s chairman, everything was in place. Luo Feng entrusted Liu Jian with the responsibility of both intelligence gathering and company operations.
Liu Jian, despite being swamped with tasks, was motivated by the thought that he was working for Mr. Wu, and his enthusiasm remained undiminished..
Updat𝒆d fr𝑜m fr𝒆ewebnove(l).com