I was in my final year of high school, and my deskmate found out I was writing a novel!
Chapter 147 Profit Sharing from the Trust Shop
Ye Feng had just rested for one night when Brother Tian called the next day.
"What's the rush? Let's talk about it during the New Year. I just got home, let me rest first."
"What are you taking a break for? There are still two days until the New Year. Come over here first, let's settle the accounts."
My cousin's business had already closed down a long time ago, since the kids were all on vacation. He was just waiting for Ye Feng to come and settle accounts.
No one expected it, not even my cousin and his wife, that this thing could make so much money!
The number of students increased dramatically from about fifty at the beginning to a hundred in less than a month, and then many parents came to enroll their children, which really worried my cousin.
There was no other way but to quickly rearrange the layout and temporarily add twenty beds. We simply couldn't accommodate any more, because we had to ensure quality.
With just these 120 children, the store can generate over 100,000 yuan in revenue each month. After deducting costs such as rent, utilities, and employee salaries, the store now earns tens of thousands of yuan every month!
Ye Feng had given him 300,000 yuan before, and the total investment was 400,000 yuan. However, Ye Feng said at the time that he could pay him back the money once he made a profit.
But my cousin wouldn't have it. In his opinion, this was just taking advantage of others, and if Uncle Ye Feng found out, he definitely wouldn't agree.
So, Ye Feng managed to get 30% of the share, and then he was given 150,000 yuan back. He didn't care about the rest.
The reason Ye Feng was summoned over this time was to settle accounts.
When I arrived at the store, it was deserted because it was a holiday. My cousin was sitting in the office waiting for me.
"They're here. Your sister-in-law and Xiao Heng have both gone back to the village."
"You didn't go back?"
"I went back, but I come to check on you every few days because I'm a little worried."
My cousin was genuinely worried, after all, this shop was now his pride and joy, and he could walk back into the village with his head held high.
"This is the money we've received since we opened. Your sister-in-law and I don't know much about this, so we had an accountant compile it. Take a look at it first."
"I don't understand either. I already told you to just pay me back when you make money, why make it so complicated!"
Ye Feng wasn't being polite. He was studying in Shanghai and couldn't help at all. He felt like he was just taking money for nothing and was taking advantage of his cousin.
"Don't say that. If you hadn't put up the money back then, this shop wouldn't have been able to open. And don't look down on it; you make tens of thousands every month."
While talking, my cousin took out a form.
"I've had the accountant calculate everything. Take another look, and if there are no problems, I'll have the accountant transfer the money to you."
Ye Feng glanced at it a few times and thought, "Good heavens, they're planning to split all the money?"
"Hey bro, are you planning to split all the money?"
"We've left some. The money's just sitting in the account anyway, why not distribute it?"
"Didn't you tell me before that we didn't have enough space? Didn't you ever think about expanding it?"
"I've thought about it, how could I not have? Each student earns over a thousand a month. But your cousin and I discussed it and decided to keep it at this size. We really can't handle any more people."
"We need to hire people. Don't try to do everything yourself. We're not short of money right now."
He pointed to the note as he spoke.
"That's true, but this is different from other businesses. These are all kids, and we don't know what kind of people we've hired. If something goes wrong, their parents might fight us to the death. We're quite satisfied now. As for expansion, we'll talk about it when we find the right people."
After listening to his cousin's words, Ye Feng stopped talking. What his cousin said actually made a lot of sense. This was for the children, and there were many things that had to be kept in mind personally. If anything went wrong, the reputation would be ruined.
At this scale, the couple can basically take care of everything. Although they don't do everything themselves, they can still supervise it effectively.
The fact that the couple has attracted so many customers in less than six months is a testament to their dedication. As their reputation has grown, parents have become more at ease.
Furthermore, reservations after the Lunar New Year have already closed, and the remaining students are mostly from the previous year, with no significant changes.
Actually, if my cousin really wanted to make more money, he could have easily added another 100 students to the 500 square meters, but he was more concerned about the promises he made to the students' parents beforehand, which was to ensure that the children would be comfortable there.
Honest people are too embarrassed to break the promises they've made, so they end up earning less money.
Actually, this is good. Once you build a good reputation, you won't have to worry about business.
"Alright, since you have an idea, cousin, then do it. Anyway, I don't have time to manage this. I'll just keep reducing my share of the money each year. I'd feel bad taking money for nothing."
"Don't say that. This shop really couldn't have opened without you. You came up with the idea, and you lent me the money. If you say that again, I'll really be unhappy."
"Fine, fine, whatever you want."
"That's right. I know you don't care about the money this shop makes, but it's my cousin's good intention. Otherwise, people would say I'm heartless."
The money was given, and the cousin was satisfied. After chatting for a while, he drove home without even having dinner with Ye Feng, just telling him to hurry home.
Ye Feng will definitely have to go there for the New Year. He can't spend the New Year at Miao Miao's house, and Miao Miao's family will have to go to her grandfather's house for the New Year.
"Ye Feng, what do you think about us letting my cousin come to Shanghai with us?"
"what?"
"Anyway, my cousin doesn't have much to do at home, so it's easier to communicate if we live nearby."
Ye Feng considered it carefully. To be honest, Miao Miao's idea was really good. The two of them had to attend classes, and it was impossible to keep an eye on things at the startup base all the time. If his cousin went there, she could help keep an eye on things, and it would be more convenient to handle after-sales issues.
Also, Ye Feng didn't want Miao Miao to be so tired. If his cousin really came to help, that would be a great idea!
However, he wasn't confident he could persuade his cousin to go, and he didn't know how to pay her salary or anything like that.
"The idea is good, but I don't know if my cousin would be willing to go."
"I reckon she'd be willing. She doesn't really want to stay home, she just doesn't know what to do outside. I can tell from our conversations!"
"How was her salary calculated in the past?"
"Hmm... how about letting my cousin contribute?"
"Are you willing to part with it?"
"There's nothing to be reluctant about. We're all family anyway. The main problem is I don't know how much to pay. If I pay the market rate, it definitely won't be enough. What do you think?"
"I think it's great. If my cousin can manage this, you won't be so busy anymore and can do things you want to do. We haven't gone out to play in a long time."
"Hehe, that's what I was thinking too. Aren't you going back home for the New Year? You can tell your cousin first."
"Why don't you just talk to her on WeChat? You've talked to her way more than I have!"
"Oh, what kind of talk is it to say it on WeChat? It's not formal enough."
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