Qing Tian

Chapter 616 Development Difficulties!

The Xinhua Electronics Factory has been developing quite well recently.

Thanks to the enthusiasm of franchisees and the influx of funds, the entire factory has been in a state of busyness, progressing entirely according to the planned schedule.

As of now, in just over a month since the Chinese New Year, the number of franchisees has surpassed seventy.

This is a remarkable figure, and every few days, guests from all corners of the country travel thousands of miles to visit.

It is believed that once the three-month advertising period concludes, reaching a hundred franchisees will no longer be an unattainable dream.

Previously, a calculation was made: taking one hundred franchisees as an example, with each acquiring one hundred thousand yuan worth of products, Xinhua Electronics Factory would earn fifty percent, or half of the profit.

This amounts to a staggering profit of five million yuan from ten million yuan in sales.

Moreover, this is based on the most conservative estimate; for any franchisee performing exceptionally well, one hundred thousand yuan worth of products would be far from enough, with sales potentially reaching hundreds of thousands, millions, or even tens of millions.

This depends on the individual strength of each franchisee. Regardless, Xinhua Electronics Factory is undoubtedly the biggest beneficiary.

The more products their franchisees sell, the more advantageous it is for them.

Upon arriving at the electronics factory, Qin Chuan first convened a meeting with all senior management to thoroughly assess the current state of the factory. Subsequently, he emphasized strict control over product quality, leaving no room for any oversight.

"Boss, our electronics factory is doing well in every aspect. The only drawback is that some franchisees have reported that the renovation process is too slow!"

"Many people's shop renovations are scheduled for over two months from now, which most find unacceptable."

Ge Lan from the marketing department stated.

The steady increase in the number of franchisees was initially a good thing, but the inefficiency in renovation has inadvertently become a problem.

"I met with Director Chen Jinyu this morning and already discussed this matter with him,"

Qin Chuan explained, "The renovation company has dispatched all its elite members capable of independently handling business."

"Each group of three is responsible for one establishment, totaling ten teams. This is truly the maximum capacity, as we still have many outstanding projects in our county from last year that need to be completed."

"We cannot possibly abandon our local county business for the benefit of the franchisees. Such self-sabotage is not an option!"

Yongnan County is currently the base for all of Qin Chuan's businesses. Future profits from real estate and renovation companies will depend on local support, and this cannot be neglected.

"That is true, but if the renovation progress continues to lag, it will be a significant blow to our electronics factory's reputation."

Ye Meiyun said, her expression extremely serious.

"Our electronics factory has just begun, and we cannot afford any setbacks."

"Can we call Director Chen to come over? I would like to speak with him personally."

Qin Chuan nodded, "That's simple. I'll have him come over right away."

With that, he took out his phone and called Chen Jinyu, asking him to come to Xinhua Electronics Factory.

Chen Jinyu was prompt, arriving less than twenty minutes later, slightly out of breath.

"Director Chen, welcome!"

As Chen Jinyu entered, everyone greeted him.

The three most important departments under Qin Chuan are real estate, the renovation company, and the electronics factory.

Among these, the renovation company is a crucial component.

Both real estate and the electronics factory require renovation services, making Chen Jinyu's position as director quite significant, no less than Ye Meiyun's position as factory manager.

However, this was Chen Jinyu's first time attending a meeting at Xinhua Electronics Factory.

Chen Jinyu appeared slightly reserved, clasping his hands together and greeting everyone.

"Jinyu, please sit. Although we are in different departments, we are not strangers. There's no need to be formal,"

Qin Chuan said with a smile.

After Chen Jinyu sat down, he continued, "The reason for calling you here today is that Xinhua Electronics Factory has received numerous complaints from franchisees regarding the slow pace of renovations."

"This is an issue that cannot be ignored for Xinhua Electronics Factory, especially at its current nascent stage."

"I am aware that the renovation company is doing its best, continuously recruiting and dispatching all its elite personnel capable of handling business independently."

"We've called you here to discuss how to accelerate the renovation progress."

Upon hearing Qin Chuan's words, Chen Jinyu's face showed a mixture of a wry smile and helplessness.

"Boss, and colleagues, I understand your anxieties and difficulties. However, I've already considered and tried many possible solutions. The salaries advertised in our recruitment notices are a hundred yuan higher than those of other companies, yet we still have very few applicants."

"I've reflected on this issue and realized that the renovation industry in Yongnan County, or rather, any industry here, cannot be managed with the same approach as in a big city."

Chen Jinyu's statement piqued everyone's curiosity.

"Oh? What do you mean by that?"

Ge Lan asked first.

"It's like this!"

Chen Jinyu patiently explained, "Yongnan County is too small; it's just a county town with a population of 300,000."

"In such a small county, most people working in a particular industry are introduced through relatives, friends, or mutual acquaintances."

"As the saying goes, in a small place, if you throw a stone, you might just hit a relative. It's a close-knit community."

As Chen Jinyu spoke, everyone in the room appeared to be in thought. Some quick-witted individuals had already grasped the key point.

"Director Chen, are you implying that unless our recruitment salary is significantly higher than the market rate, we won't be able to attract many people?"

"This is because there are too many relatives within this profession, and many individuals, out of consideration for family ties, even if they are interested in working with us, feel awkward turning down opportunities due to obligation. Is that what you mean?"

Xu Ronghua asked.

Chen Jinyu replied, "Yes, that's exactly the situation!"

"Additionally, there's another scenario: our Yaohui Renovation Company has developed too rapidly, encroaching on the market share of competitors. I've heard that some renovation teams have privately formed an alliance, a so-called 'union,' to jointly oppose us."

"There's such a thing?"

Hearing Chen Jinyu's final statement, even Qin Chuan was surprised, this being the first time he was learning about such a situation.

The others also frowned. If this were indeed the case, then the recruitment difficulties Yaohui Renovation Company had been facing would be entirely understandable.

"What should we do in this situation?"

Someone asked.

The lively atmosphere in the conference room suddenly grew quiet. Everyone furrowed their brows, contemplating a solution.

They engaged in a heated discussion amongst themselves. At this moment, Qin Chuan forcefully tapped the table and slowly uttered two words: "Acquire!"

These simple words immediately brought everyone to silence.

Subsequently, eyes lit up with excitement, especially Chen Jinyu, who seemed to be electrified.