Just after nine in the evening, Ye Qiu dropped Liu Lingxiu off at the girls’ dormitory and then drove back to Peach Blossom Spring Villa.
Upon returning to the villa, Ye Qiu knew he needed to focus on his cultivation; it had been a long ti since he made any breakthroughs. Without progress, opening the Storage Ring or returning to the Heavenly Court Imperial dical Bureau seed impossible.
After arriving upstairs at Peach Blossom Spring, Ye Qiu took a shower and then cultivated in his room.
Judging by the Spiritual Energy he absorbed, Ye Qiu felt he was close to a breakthrough.
But still, it seed he was missing sothing.
By the ti the next morning arrived, Ye Qiu realized it was already past seven.
He got up, freshened up, and went downstairs where Lin Xiang was waiting for him to drive her back to campus.
After Ye Qiu finished his breakfast, he drove to Jin University Campus.
Upon returning to the boys’ dormitory area, as Lin Xiang went to her class, Ye Qiu drove off to check up on Liu Lingxiu’s uncle, Liu Guoqing, and their education training institution.
Driving to Jiangbei.
The headquarters of the training institution was still temporarily located in Jiangbei, but several branches had already opened towards Jiangnan.
Ye Qiu parked his car near the Jiangbei No. 3 Middle School building, which Liu Guoqing had now rented out entirely.
Getting out of his car and heading upstairs, Ye Qiu saw many young teachers coming down.
Besides so teachers from the No. 3 Middle School, the tutoring institution hired graduates at high salaries from Normal Universities thanks to Liu Guoqing.
Both teachers and students were extrely important for the training institution.
Moreover, the institution earned money from students through quality teachers.
Ye Qiu walked towards Liu Guoqing’s office.
Upon reaching the office door and knocking, Ye Qiu saw Liu Min and Mr. Zhou inside.
These were the two people Ye Qiu selected during the last al.
Originally, Ye Qiu had chosen Mr. Zhou, but unexpectedly, Liu Min seized the opportunity and approached them, so Ye Qiu gave her a chance too.
Liu Guoqing had to admit, Ye Qiu’s insight was indeed exceptional.
Whether Liu Min or Mr. Zhou, both were senior directors from well-branded education institutions, and were now effectively managing the company.
Initially, the education institution needed substantial investnt in advertising, even if Ye Qiu initially poured in a hundred million, relying solely on ads would likely still be insufficient.
However, unexpectedly, there hadn’t been any severe losses.
Education had always been considered luxurious dostically and abroad, like learning the piano, which most ordinary families couldn’t afford to provide, not to ntion extracurricular education, including tutors, which ordinary families also found difficult to afford for their children.
Thus, this form of education was considered both luxurious and profitable; essentially, with good control, it could be lucrative.
Certainly, revenue and expenditure needed careful managent here.
In this regard, Liu Min had considerable experience.
"Uncle, what are you discussing?"
Sensing Ye Qiu’s presence, Liu Guoqing stood and said, "Ye Qiu, you’ve co at the perfect ti. We’re discussing sothing that requires your decision."
"What is it?"
"It’s about whether our company should develop the direct sales model or the franchise model."
Direct sales?
That ant the company would operate the business itself, whereas the franchise model would likely involve third-party involvent.
Both models were implented by large companies dostically and abroad, including major players in the food, beverage, and entertainnt industries.
Yet, in Ye Qiu’s view, many franchise models weren’t as great as one might think; they were solely focused on profit.
"Of course, stick with direct sales. Our company is just starting out, not suited for franchising, and many franchise models are pretty lousy now."
"Ye Boss, I agree with you," Liu Min concurred.
She was strongly in favor of the direct sales model; only by treating the company as truly one’s own could it be managed well.
If they franchise, any random people might join and could tarnish the brand na.
However, Mr. Zhou felt that the franchise model was better, as the previous education institution he was with had such a model and was listed in the United States, now valued at over ten billion US dollars.
"Ye Boss, I think the franchise model is decent too. It can lower costs, bring in franchise fees, and rapidly expand market scale."
That was Mr. Zhou’s idea.
Unexpectedly, Ye Qiu favored the direct sales model.
"Can you ensure quality with the franchise model? What if parents spend a ton of money hiring tutors for their children, and the franchise simply hires ordinary teachers, leading to no real results? Wouldn’t that damage our company’s brand?"
"We can fully control the quality requirents regarding teachers," Mr. Zhou replied.
As the two were about to argue, Liu Guoqing felt a bit stressed, thinking both models were feasible and workable.
"Let’s go eat first, and discuss it later."
Ye Qiu suggested.
"Ye Boss, I can provide you with a detailed report."
Mr. Zhou offered.
"Let’s eat first."
Ye Qiu wasn’t keen on listening to this at the mont.
He certainly wasn’t going to ddle in these matters.
Leaving the office, Liu Guoqing and the two others had to go with Ye Qiu to eat first.
Along the way, Liu Guoqing updated Ye Qiu on the company’s recent status, including teacher and student resources.
Moreover, Liu Guoqing had ambitious goals, hoping to establish dedicated schools in the future, including private vocational colleges, and even third-tier institutions.
The training institution primarily rented various places for training currently.
Such things needed to be accomplished step-by-step, no rushing.
The education training market, including those for civil service exams and graduate exams, was vast and had long surpassed a trillion at this point.
Few companies could fully dominate it, so other companies would surely move in while so might fail due to poor managent.
In Ye Qiu’s view, dostic food, beverage, entertainnt, and even healthcare and education were highly lucrative.
A person’s life chiefly revolved around consumption, enjoynt, birth, aging, illness, and death, including healthcare and education, with pension plans being part of this.
If one could secure any part of these industries, financial security was certain.
"What do you want to eat?" Ye Qiu asked.
"I’m fine with anything." Liu Min replied.
As a person in charge, she had many social engagents, which she didn’t like but couldn’t avoid.
Indulgence could cause health issues, especially when drinking excessively.
For now, she could refuse so unnecessary engagents.
They arrived at a nearby restaurant and sat down, finding it still early with not many people around.
As the waitress handed them the nu, Liu Min and Mr. Zhou resud their debate over the two models.
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