Sprinkle coins every day

Chapter 91 Risk Isolation
after the meeting.

Du Qingqing ran to Zhang Shuo's office and reported the adjusted takeaway business expansion plan. The main change was the contracting method of the takeaway delivery business.

"After discussing with Mr. Pei, I decided to adopt a compromise."

"What kind of compromise?" Zhang Shuo was very curious.

"Qingcheng Retail registered a wholly-owned subsidiary company named Binhai Qingcheng Distribution Service Co., Ltd., which is responsible for the takeaway delivery business of the parent company as a whole." Du Qingqing reported.

It is equivalent to self-operated, but it has been cut to a certain extent from the parent company.

Some risks are isolated.

This is a very common corporate management method. If any large enterprise does not have more than a hundred subsidiaries under its name, it would be ashamed to call itself a large enterprise.

It is to isolate risks layer by layer and set up firewalls one after another.

"Another advantage of registering a subsidiary is that it can set up an independent and more flexible salary system for delivery staff." Du Qingqing added.

The salary system of Qingcheng Retail is basically in line with that of Qinghe Technology.

The salary of the delivery staff adopts the "basic salary + order commission" model, which is really not suitable to be mixed with Qingcheng retail, and it is easy to cause internal strife.

"can!"

Without much hesitation, Zhang Shuo agreed to the new plan proposed by Du Qingqing, and at the same time put forward a new request: "You must personally arrest the established subsidiary company, and then arrange a competent person."

He doesn't want another trouble in the subsidiary.

"I'm already communicating with Director Jiang, and I'm going to poach people through headhunting." Du Qingqing also gained a lot of wisdom, and now knows how to employ people instead of being reckless.

"The other is the issue of standardization."

For Du Qingqing, Zhang Shuo is still willing to give a few more words: "The delivery staff should be provided with uniform clothing, vehicles, incubators and other equipment. It is best to find a design company to design clothing and helmets."

These are all moving billboards.

"Ok."

Du Qingqing took out his small notebook and wrote it down.

The two chatted for a full hour, and after exhausting Zhang Shuo's thoughts, Du Qingqing left satisfied.

…………

Du Qingqing left, and Jiang Yue walked in.

"Is something wrong?"

Zhang Shuo leaned on the sofa and didn't move, he was already numb.

"Zhu Zhenghong suggested that it is best to register a subsidiary to operate the data center project. Subsequent headquarters building projects and youth apartment projects can also be registered as separate subsidiaries to operate." Jiang Yue said.

Okay.

They all hit a piece, and they have to register a subsidiary.

This time, the main reason is not to isolate risks. The projects are all self-constructed and self-used, and they are not marketed.

What can be a big risk?
Even if there is a risk, the holding company cannot escape.

Registered or not, the company is actually the same.

Zhu Zhenghong suggested registering a subsidiary company mainly because there are too many documents and materials that need to be signed and stamped for construction projects. If they are gathered together, they can fill a whole room.

If the projects are all directly under the name of Sprout Holdings, it will be tiring to go to the headquarters to get the seal stamped.

Another advantage of registering a subsidiary is that the office of the subsidiary can be placed directly in Houhai, which is close to the project site and easy to manage.

Due to the overcrowding of Green Orange retail, the headquarters itself is almost running out of office space.

Just in time to move out.

"Then register a Sprout Real Estate (Binhai) Co., Ltd., unify the three construction projects of the holding company, and pack the project management department into the real estate company for management together."

Zhang Shuo is as good as others.

This is also the first subsidiary under the name of Germination Holdings that has the word "germination", which has a completely different meaning from Qingcheng Retail and Qinghe Technology, because it is not for the purpose of expanding new businesses.

It is essentially a functional department of the headquarters.

After the construction of the project is completed, Germination Real Estate can still be retained, and there is no need to rush to cancel it, and it will continue to be used for property management and operation functions.

"Then who will be sent to host Germination Real Estate?" Jiang Yue asked for instructions.

"You are the project commander, so you can go to Germination Real Estate and serve as the general manager, which is justified. Zhu Zhenghong is the deputy general manager. With such a title, it is more convenient to communicate with the outside world."

"Then can I also receive a million annual salary?" Jiang Yue joked with a smile.

"Don't even think about the annual salary of one million. At the end of the year, it's still okay to give you a big red envelope." Zhang Shuo was talking about the year-end bonus.

Jiang Yue also made great contributions, and deserves a reward!

"If you say that, then I really look forward to it." Jiang Yue knew that Zhang Shuo was not a stingy person, since he said so, the red envelope must be very important.

If the family has money, it belongs to the rich, who would think that there is too much money?
"Uh, there is one more thing I want you to do." Zhang Shuo hesitated rarely.

"Hey, I knew it. Tell me, what kind of dirty and tiring work do you want me to do?" Jiang Yue put his hand on his forehead, and dared to be fooled by Zhang Shuo again, first give you a candied date, and then ask someone to do something.

Got it right.

"How much money can we get from the bank for the three lands we won?" Zhang Shuo made another roundabout.

"A billion shouldn't be a problem."

The three lands have only signed the letter of intent for the transaction, and the formal contract has not yet been signed.

After Mengya Real Estate was registered, it happened that the land purchase funds were injected into Mengya Real Estate, and then the land purchase contract was signed in the name of Mengya Real Estate, so that it completely separated from the holding company.

It also saves the need to increase the business scope of the holding company.

In preliminary negotiations, the total price of the three lands is 12.5 billion, and the final signed price will definitely be very different.

It is already very good to be able to borrow 10 billion.

"Cough, can you borrow more?" Zhang Shuo was actually very embarrassed.

--slightly--

[Level]: Level 7 (20.8 million/50 million)
--slightly--

[Cash]: 14.28 billion

--slightly--

You see, there is still 8 experience points short of upgrading to level 29.2. Even if all the 14.28 billion funds in the account are spent, there is still a gap of 14.92 experience points.

mean,

At least 15 billion bank loans are required to upgrade smoothly.

Zhang Shuo had planned it all before, but he made a mistake. He didn't expect that the money to buy the land was two to three hundred million less than he had imagined.

It's stuck here.

It stands to reason that, short of the last 5 million, it is not impossible to go to Shenghua Financial Services to borrow a bridge loan.

Anyway, you can repay it by upgrading to level 8.

But Zhang Shuo no longer wants to pay huge interest to Shenghua Financial Services, and more importantly, he doesn't want any short-term bridge loans, but wants long-term loans.

In this way, there is no need to rush to repay the loan, and it can continue to be used for business expansion.

Next year, the company will need money in a lot of places. Qinghe Technology must prepare at least three to five billion in marketing expenses, as well as the one billion capital injection promised to Qingcheng Retail.

Not to mention the project construction cost of Germination Real Estate, which is also a bottomless pit.

Even for Jade Bird Interactive Entertainment, which made profits early, after turning in the profits, in order to promote 71 Assistant, it would have to prepare at least one or two hundred million in marketing expenses.

It all costs money.

"How much do you want to borrow?" Jiang Yue was very vigilant, she rarely saw Zhang Shuo in such a difficult situation.

"At least 15 billion, of course 20 billion is not too much for me."

Zhang Shuo opened his mouth wide.

"Ten, 1.5 billion? You can say it, it's higher than the land price, the bank won't take advantage of it." Jiang Yue felt even more headache.

She knew it was not easy.

"In addition to the three lands, Germination Holdings can also use subsidiaries as collateral. For example, Green Orange Retail has so many fixed assets. Can't we borrow a few hundred million more?"

Zhang Shuo is not just talking about it.

Credit in 2010 was relatively loose, and it was the end of the year. It is estimated that some banks did not complete the credit task. As long as Germination Holdings has reasonable collateral, it can still be completed.

"I'll try my best."

Zhang Shuo said so, how dare Jiang Yue refuse.

"It's not trying to do it, it's a certainty."

"Okay, sure, I'm going to go all out, at worst, find a few more banks."

For the year-end bonus, Jiang Yue also worked hard.

"That's it, then it's settled, I'll wait for your good news." Zhang Shuo smiled.

There are people below who can do things well.

(End of this chapter)