I was forced to start the second round because I was raised in poverty

Chapter 177 You are asking for death

Su Cheng controlled his expression and said, "Mr. Tang, I thought your cousin was giving you advice, and there was no need for us to intervene."

Tang Li could tell there was some emotion in Su Cheng's words, so he immediately said, "Team Leader Su, I'm willing to pay you the consulting fee. Is that okay?"

"Sure, no problem."

Su Cheng gave Qin Fen a look, and a consulting contract appeared in front of Tang Li.

Their consulting services are billed on a 30-minute basis and are much more expensive than general legal consultations.

5000 yuan for half an hour.

Tang Li signed the contract readily.

Then, Qin Fen started counting the time with a watch.

Ye Li was a little unhappy with Qin Fen's behavior, and secretly kicked Qin Fen under the table.

No, you really timed it!

That's about right.

Just start counting. Why don’t you just take a look at your phone and remember the time?
He even rolled up his sleeves and checked the clock.

Don't be so obvious!

Somewhat too much.

She felt it was rude.

Tang Li was indeed embarrassed when he saw Qin Fen's action, but he could only smile awkwardly.

Tang Li first explained Tang Ke's behavior, and it took him more than ten to twenty minutes just to explain and apologize on behalf of his cousin.

He also explained that Tang Ke didn't know that he was coming to see Su Cheng and the others.

Zhang Yangwen was stunned watching from the side.

Consulting company...or is Brother Cheng so powerful?

30 yuan for 5000 minutes, and then Tang Li coaxed Su Cheng with Qin Fen's expensive stopwatch.

An average of 166 per minute.

Really spend money to be a grandson?

"Okay, Mr. Tang."

Because of Tang Li's sincerity, Su Cheng did not vent his dissatisfaction with Tang Ke on Tang Li.

Su Cheng nudged Qin Fen with his elbow, signaling him to stop being so rude: "Clear your watch first."

Since someone has come forward to apologize, Su Cheng also expressed his friendly goodwill.

Tang Li saw Qin Fen reset his watch and restart the time. He thanked him again, "Okay, okay. Thank you, Team Leader Su."

"Mr. Tang, let's talk about serious matters."

"Team Leader Su, Team Leader Ye, I came here today to ask you to assess the risks and plans for my expansion."

"Well, yes."

After Su Cheng agreed, Tang Li took out the plan they had prepared, or to be more precise, Tang Ke's plan.

This time, Tang Li directly prepared four copies, and they were paper versions.

This way, Su Cheng and the others don't need to pass it around anymore, as everyone can get one.

Ye Li smiled and said, "Mr. Tang, please wait a moment. Let us take a look first."

Halfway through, Su Cheng got bored.

It feels like watching the famous director Su Cheng's newly released movie in the cinema.

After watching less than a third of the film, Su Cheng judged it to be a flop.

Because I don’t know how this director will end up.

The plan even includes hiring extras, asking young people to line up and act as extras.

This was a decision that Su Cheng had rejected long ago.

Tang Ke actually wrote it out proudly, in great detail, and vividly described the various benefits.

While Ye Li and the other two were still reading, Su Cheng took the initiative to ask, "Was this written by your cousin?"

Tang Li denied it: "He didn't write it, he said it. I made this plan according to what he said, so that you can see it more conveniently."

"Oh, so he was the one who came up with that meaning."

"Correct."

Su Cheng looked for Qin Fen and said, "Hand me the calculator."

"Mr. Tang, let me do the math for you. You can listen first."

"it is good."

"Don't think I'm slow in calculating."

"No, no, no."

The first thing Su Cheng wanted to mention was the 650 million bank loan.

There are two general types of commercial loans: equal installments of principal and interest and equal installments of principal.

Equal principal and interest payments are suitable for companies with more stable cash flow, and the pressure on operators is relatively balanced.

Equal principal repayment is suitable for operators who have sufficient funds in the early stage and hope to reduce the total interest, but the pressure will be a bit great.

Tang Li chose the former, or rather, he had no choice at all, as his qualifications only allowed him to receive equal installments of principal and interest.

650 million, the loan period is 5 years.

[Monthly payment] multiplied by [interest rate] multiplied by [(1+r) to the power of n] divided by [(1+r) to the power of n 1]

"Return to zero~Return to zero~"

Su Cheng quickly fiddled with the calculator and quickly calculated the actual repayment plan based on the plan in his loan contract.

【6500000】乘【0.4583%】乘【(1+0.4583%)60次方】除以【(1+0.4583%)60次方】-1】

约等于【6500000×0.004583×1.316】除以【0.3166】≈124300元

The total interest is 94, and the principal and interest total 744.89.

The monthly repayment required is 124148 yuan.

"Return to zero~Return to zero~"

Su Cheng continued to calculate Tang Li’s store opening costs.

The price of shops in Jingzhou CBD ranges from 100 to per square meter. Su Cheng took the median and calculated it based on square meters.

The annual rent of the store plus the deposit is 50.

In addition to rent, you also need to purchase equipment, including coffee machines, grinders, and refrigerators, which are all necessary. The estimated cost is between 300,000 and 500,000 yuan.

In the early stages, you also need to stockpile raw materials, coffee beans, milk, sugar, etc., which will cost around 50,000 to 100,000 yuan.

CDB's labor costs are very high. Assuming five employees are hired, with each earning a monthly salary of 8000 to 1.2 yuan, the total labor cost is between 4 and 6 yuan.

Commercial water and electricity costs 5000 to 1 yuan per month.

Property management fee: 5000 to 1.

We also need to replenish stock every month, 5 to 10.

Equipment maintenance and daily miscellaneous expenses are probably around five to six thousand or seven to eight thousand.

We also have to consider the decoration of the store.

So in the end, Tang Li's one-time initial investment to expand a coffee shop would be around 250 million.

In the future, the monthly operating costs will be around 30 yuan.

The average customer spending is 80 yuan, which means about 150 cups per day.

150 people x 80 yuan x 30 days = 36 yuan.

Your monthly income is 36 yuan and your costs are 30 yuan.

This is the case of just one store, multiply it by two for two stores.

The two stores had a revenue of 72 yuan, a cost of 60 yuan, and a net profit of 12 yuan.

It’s barely enough to pay off the loan every month.

It took Tang Li 5 years to pay off the loan, and then another 3 to 6 years to get his money back, which would take at least 10 years.

Su Cheng wanted to ask Tang Li a question.

Does he think his cafe can last ten years?
Or ask it another way.

Tang Li has done nothing but focus on running the coffee shop for the past ten years?

Even if Tang Li is willing to focus on being a cafe owner, the calculations are not right.

The first five years are spent working for the bank, and the last five years are spent making back the investment.

Are you playing here?
It will take 11 years to become profitable.

This is based on the premise that the business situation is very optimistic.

What if there are any fluctuations in the market?

For example, a city-wide lockdown.

Or perhaps an even cooler coffee shop has appeared?
The risk is simply too great.

Generally speaking, a company must maintain a certain amount of liquid funds to cover various risks. Mid-sized companies typically maintain an average of 12 months of liquidity, while some tech companies typically maintain over 18 months of cash reserves to ensure they survive within a year and a half.

For a company of Tangli's size, the ideal situation is to have six months of working capital.

30 for six months is 180 million.

At least stay for three months.

But Tang Li’s money is not enough to open a store, let alone the reserved working capital.

Once there is any risk, you have to use the money on the account of your old store.

It's okay to fill it for one or two months.

Without long-term support and transfusions, the old store will soon be unable to operate.

Even now, we can’t touch the money in the old store’s account.

Because the capital that Tang Li put out in the early stage had already been almost lost in the early operation, the old store also took up some leverage, and the commercial loan had not been repaid for more than two years.

He did have more than two million in his account, but if the hole was taken into account, he would probably only have more than one million left.

Maybe you take one step forward and three steps back.

All my old stores have to close down and be transferred.

Once back to before liberation.

Ye Li’s previous suggestion was absolutely correct.

Tangli, an old store, needs at least another 8 to 12 months to settle down before considering expansion. Even so, it will be a very aggressive operating method.

A game with an unfavorable situation is not scary. Shengyue’s main job is to play various games with unfavorable situations.

But you have to make sure it's not dead yet so they have room to maneuver.

By then you won’t be able to repay the loan and will be seriously short of funds. All three stores will be dead, and even a god won’t be able to save them.

If Tang Li comes to them again at that time, it will be like a good cook without rice.

Su Cheng settled accounts with Tang Li for more than an hour.

Zhang Yangwen silently observed Su Cheng's every move from the side.

What he admired most was Su Cheng's thinking.

Every account is calculated very clearly.

166 yuan per minute is actually a very reasonable price.

Chatting for two hours only costs 20,000 yuan.

This is much better than Tang Li losing all his millions, his store going bankrupt, and being burdened with foreign debt!

Finally, Tang Li finally understood: "Team Leader Su, so what you mean is that my cousin's plan is not feasible?"

"It's not that I can't do it, it's that I'm throwing myself into a dead end."

Su Cheng used an absolute statement, but this time Ye Li did not dissuade Su Cheng from speaking too confidently.

Because once this plan is implemented, it will really be a death sentence.

Unless a miracle happens, the probability is no less than winning a small lottery ticket of 25 yuan.

"Then what should I do now?"

Su Cheng was silent for a few seconds: "Are you asking how you will deal with your cousin, or how we should expand?"

"Hmm...both."

Su Cheng:......

Ye Li: ...

How Tang Li deals with this plan and how he explains it to Tang Ke has nothing to do with them. They only need to solve the problem of whether the plan proposed by Tang Li is feasible.

They gave the suggestion, but it was up to Tang Li to decide whether to do it or not.

They couldn't just rush up and cry and beg Tang Li: Mr. Tang, please don't jump into this pit, you can't get out once you jump. As for your cousin, you can think of a way to refuse him politely, etc.

Other consulting firms might say the same thing.

But Sheng Yue would not say such a thing, and neither would Su Cheng and others.

"All right……"

"Let's not talk about my cousin. If I asked you to make an expansion plan based on the current situation, what would you do?"

Tang Li continued to ask, his loan had already arrived, but he did not act rashly now.

His cousin kept urging him to start work quickly, but Tang Li was a little hesitant. To be on the safe side, he came to Su Cheng for consultation.

"Mr. Tang, this doesn't fall into the scope of consultation."

Tang Li also understood what Su Cheng said.

If we let them make the plan, that would be another business of Shengyue and we would charge a different price.

"I am willing to pay for your handling of the current crisis and the solution."

"Okay, 50."

“Isn’t it 30 million?”

"30 was the previous price. Your situation is very complicated now."

The quote for a case like this is generally between 5 and 50, depending on the circumstances.

The price given by Su Cheng is indeed within the scope of independent pricing authority.

Su Cheng didn't give Tang Li time to think and asked directly: "Can you accept this price?"

Accept it, let’s continue the discussion.

If you can't accept it, the consultation can end now.

I'll ask Qin Fen to stop the watch and see how many minutes it is, and then take Tang Li to the finance department to pay the bill.

Tang Lixin made up his mind.

Anyway, the loan is 650 million, so if Su Cheng only takes a small portion... it's okay.

It just so happened that he had a U-shield with him today.

After signing the new contract given by Qin Fen, Tang Li transferred 50 yuan according to the public account card number on the contract.

"Turn around."

"Uh-huh."

Zhang Yangwen, who was standing by, was stunned.

This... 50 has arrived?
It's only been a few hours, right?
Zhang Yangwen couldn't help but marvel in his heart.

One reason is that Su Cheng makes money for the company too quickly.

The second reason was that Tang Li was straightforward and transferred the money after only a few minutes of consideration.

However, this can also be considered as Tang Li's cleverness.

Judging from the accounts and risks and pros and cons that Su Cheng had calculated before, the 50 yuan might make Tang Li's expansion go smoothly.

"Team Leader Su, how many days will it take you to come up with the plan?"

"It won't take a few days. I can handle it for you now."

"But before that, I want to ask you a question."

"Oh, please ask, Team Leader Su."

“Do you really want to expand?”

"Well...it was my cousin who suggested the expansion, so I thought about it a little bit...actually, it's okay not to expand."

"Oh, that."

"The most conservative approach now is to accept the loss of interest on this loan, but not to the extent of losing 95 yuan."

"If you take this money and buy a financial product from any of our group's financial companies, you can reduce your losses, but conservatively, you'll still lose 800,000 to 900,000 yuan. In an optimistic scenario, you'll lose around 700,000 to 800,000 yuan."

"Come back to us in 12 or 18 months to come up with another expansion plan."

Ye Li: ???
Qin Fen: ???
Zhang Yangwen: ???

It’s okay to admit the loss.

This is really conservative advice.

They think that if Tang Ke were present today, he might have started scolding them directly, spent 50 yuan to accept the advice and admit his loss, and used the money to buy the Dihao Group Fund.

Are you playing here?
But in the eyes of experts like Ye Li, this is actually the safest way.

Nothing wrong with it.

It just looks a bit stupid.

"Come back to us in a year or 18 months, and we'll make an expansion plan for you then."

"I'll give you a lower quote and a discount then."

Tang Li understood the first half of the sentence.

I didn't understand the second half of the sentence.

Wait... do I still have to pay then?

(End of this chapter)