Rebirth 79: I opened a bank in the United States

Chapter 325 Corporate Structure Adjustment
"Tell me, how is the Nasdaq exchange doing now? Why don't you just list on Nasdaq? I heard that Nasdaq's listing requirements are lower than those of the New York Stock Exchange?"

Carter's scalp tingles when he thinks that he might be kicked out of Apple like Gang Leader Joe in the future.

And in Carter's impression, Nasdaq's future appearance rate does not seem to be low!Those Internet companies especially love to go to Nasdaq to ring the bell
just now.
"Let's stop! Nasdaq's requirements are low, but their current trading volume is also small! And most of them are supported by over-the-counter transactions. Many of them are the kind of junk stocks in the pink sheet, with low prices. The stock has just risen. Listing in this kind of place is not good for us”

Jinas couldn't laugh or cry, he had no idea what the little boss was up to.Even in the future, Nasdaq's requirements for listing companies are much lower than those of the New York Stock Exchange!

There are not too many profit requirements; there is no high net tangible asset requirement; even landing on the NASDAQ OTC market, there are no requirements for annual profit and asset size, as long as there are three market makers to guarantee and underwrite for you , you can enter the market transaction.

But this is the over-the-counter market, that is, OTC, over the counter.In this market, if the promotion index is reached, then it will be promoted to a higher-level market step by step, such as from the lowest-level pink sheet market to Nasdaq’s OTC (OTCBB after 90 years), then to the small board, and then to the small board. The main board, and even promoted to the New York Stock Exchange, of course, this should be called the transfer exchange.

"We obviously have better assets and better market value. It is meaningless for you to go to Nasdaq! Only by listing on the New York Stock Exchange can we get higher returns! There are more funds in circulation and more shareholders. More traders, more traders! We."

"Okay, okay, don't get excited, I just mention it."

Seeing Jinas's agitated reaction, Carter suddenly came to his senses.This little guy who has never tasted bitterness and bitterness, the warmth and warmth of the world, relying on his foresight as a time traveler, is not afraid of the future.

On the basis of ensuring survival, I have the leisure to consider the so-called face issue.But what about Jinas?The family's future wealth and honor will depend on this time!

If you go to NASDAQ to go public, isn't that against your company's stock price?Isn't that going against the interests of his Jinas? !

At this moment when I have the absolute right to speak, once I am determined, I will go to NASDAQ for listing.Of course Jinas can't object, but enthusiasm will definitely be severely hit.

And besides that, think of the upcoming trip to China.To drive up the stock price in a short period of time, it is obviously not a suitable choice to abandon the New York Stock Exchange and consider Nasdaq.

It's like going to the Science and Technology Innovation Board if the A-share main board can be listed.Isn't this full, the egg hurts? !

"Just the NYSE! Next, next."

"The next item is unions"

Heaving a sigh of relief, Jinas took out the next document with the union structure and was about to hand it to Carter when he suddenly heard a voice that made his heart tremble:

"and many more!"

"what happened?"

"I see that there are employee supervisors in the board of supervisors, why is there a trade union?"

Carter frowned. Out of politeness, he still took the document from Jinas.But after getting it, I didn't even want to look at it, so I put it aside.

The trade union, one thing to say, is really not good in Carter's impression.In Carter's impression, the trade union in the school where Dad worked in the previous life seemed to be an organization that distributed eggs, grain and oil to the faculty and staff during the holidays. Except for the distribution of things during traditional festivals, it had no sense of existence at all.

As for the American trade unions, I heard that thieves are powerful!Especially unions in the auto industry.
Carter, who has no detailed knowledge of the "great achievements" of the American Auto Workers Union, should not have made any decision arbitrarily.But Carter remembered reading a report about Mr. Cao, the Chinese glass king, in the news.It was reported that Mr. Cao opened an auto glass factory in the United States at that time, and one of the conditions was that trade unions were not allowed to appear in his American factory!
He didn't even hesitate to let it go, if you want a trade union, I'll divest immediately, and the factory won't open!I would rather move the factory away if all the previous investment is in vain!In short, trade unions and factories can only live as one!Cannot coexist!

Can push this kind of people who really work hard on their own to such an extent, the American trade union Carter, who has changed his face when he hears about it, will not allow this kind of ghost to appear in his own industry as long as he still has the basic ability to judge :
"The trade union was canceled, and we didn't treat them harshly. What kind of trade union did you have? To protect the rights and interests of employees, let the employee representatives speak at the board of supervisors!"

"Is this not good? In the questionnaire survey, almost all employees think that the existence of the union is necessary. If the union setting is directly cancelled, I am afraid there will be opinions in the future!"

Ginas hesitated a bit.
"I know you may be worried about problems like the auto union? In this regard, don't worry too much, we are in the catering industry"

"No! There is no need to discuss this one, nor can it be discussed! Whoever has an opinion, let them come and talk to me!"

The more he looked at the trade union organization chart, the more irritable Carter crumpled it up and threw it into the trash can:
"By the way, I will stay in Memphis for a while. I have asked Norton and the others to help me rent a house. After talking later, you can arrange a job for me, and I will work for you during this time!"

"You can do it. Nothing else, the original organizational structure has not changed much. The marketing department manages investment promotion, marketing activities planning and deployment; personnel, administration, finance, legal affairs, and internal logistics of the company are managed by the administrative department. ; Store material support and supply chain channel issues are managed by the Supply Management Department”

Seeing that Carter is determined to ban the union, Jinas no longer insists.Who told Carter to let go?

If there is any problem, if there is any problem in the future due to the lack of a trade union, Carter will also be responsible.He can't afford to contradict Carter for the benefit of everyone else
"Although our asset scale is not small, due to the decentralization of store labor relations to the store, we don't have many core operating personnel, so the main body is still these three core departments, and we haven't made too many changes."

"The right to appoint and dismiss store personnel, I plan to delegate to the franchisee, we only reserve the right to suggest and vote on the selection of the store manager. I think we still have to consider the relationship between the franchisee and the store manager. If they really can't get along, we will even It is a forced appointment, and it is prone to problems in actual operation, so here I do not forcibly retain the right to appoint and remove the store manager."

"I have no objection here, I just want to ask. Putting the financial work under the administration department, this may cause the financial office to be too bloated, right?"

Carter picked up a pen and drew a large circle on the organizational chart in front of him, the column of the Financial Audit Office under the Ministry of Administration:
"For a cash flow company like ours, it is easy for a store to falsely report revenue and make false accounts! It is not enough to rely on the store manager alone to check and balance with franchisees. Even if there is a high reporting bonus, once the store manager and the franchisee If the benefits of the franchisee’s collusion are greater than the bonus, this measure is useless.”

"This will inevitably require us to strengthen the financial supervision of stores. For example, strengthen auditing, increase the frequency of reviews, etc. Now there are [-] stores, which are still good. In the future, the number of stores will increase. The number of financial personnel we need is not a small number. !"

(End of this chapter)