The asset evaluator seed to know well and was quite optimistic about the land prices in Jiang Family's village, as he gave Ge Dongxu's piece of land an appraisal value of 1.9 million. Consequently, Yuan Li had no trouble at all approving a loan of 1.4 million for Ge Dongxu.
With this money, Ge Dongxu, besides redeeming the factory land, had no imdiate use for the remaining funds, so he naturally deposited it into the Industrial and Comrcial Bank of China Changxi County branch. This was a substantial transaction for Yuan Li, which made her mood much better. Of course, she beca even more grateful to Ge Dongxu.
Having taken care of the bank mortgage loan, Ge Dongxu rushed off to attend classes at school.
When evening self-study ended that day, Jiang Lili proactively ca to wait for him after school, which of course caused quite a stir, especially when Du Yifan saw Jiang Lili coming to wait for Ge Dongxu again; he seed as if he had been injected with chicken blood, though it was unclear exactly what he was so excited about.
Ge Dongxu had the intention to advise Jiang Lili not to wait for him after school, but considering her imminent college entrance examination, he thought that speaking up might hurt her feelings and negatively affect her exam preparations, so on the way ho, he swallowed his words several tis just as they reached the tip of his tongue.
Of course, Jiang Lili's figure was truly attractive, and walking with her was indeed a pleasant view. Moreover, today Jiang Lili seed to have gradually adjusted her attitude as well, regaining so of her usual liveliness. Chatting and laughing with Ge Dongxu, the journey was not awkward and silent like the night before.
After walking with Jiang Lili for a while, the two said their goodbyes.
Walking ho alone, Ge Dongxu started to think about the acquisition of the herbal tea beverage factory.
Acquiring the herbal tea beverage factory, he definitely didn't need to worry about the recipes. Ge Dongxu had several in mind, all originating from Ge Hong. They were genuine teas that were cool but not cold, could clear heat without harming the spleen or stomach, had no liver or kidney toxicity, were suitable for all seasons, could prevent illness when healthy, and treat diseases when sick, encapsulating the "autumn and winter moisture prevention, spring and sumr heat and dampness removal" herbal tea recipes.
The key issues were still production managent and marketing.
Ge Dongxu certainly had no ti to handle these matters himself, so it was essential to find partners. When thinking about partners, Ge Dongxu first thought of his own relatives.
The last investnt in the trademark factory was initiated by Cheng Yazhou, who decided who to partner with. But this ti, as Ge Dongxu was investing in starting a factory himself, he would decide whom to partner with.
When it ca to seeking partners, naturally, one would prefer to keep benefits within one's own circle, so Ge Dongxu naturally thought of his second uncle who did business outside, his third uncle who ran a restaurant, and a relatively closer cousin. Moreover, in Ouzhou City, there was an existing custom of partnering with family mbers to run businesses, resulting in many family enterprises in this region. Cheng Yazhou's decision to partner with his younger brother-in-law Wu Qianjin was also influenced by this custom.
However, Ge Dongxu quickly dismissed the idea of partnering with relatives. He felt that running a business should remain strictly business, and once relatives got involved, too many personal feelings and complications would inevitably arise. Especially considering his young age, people like Lin Jinnuo and Cheng Yazhou would maintain the necessary respect for him as an outsider, always valuing his opinions. But his own uncles and cousin, who had watched him grow up, might not necessarily do the sa. If opinions differed, given Ge Dongxu's character and his considerations for elders and family sentints, he certainly wouldn't be able to firmly speak his mind.
And these days, Ge Dongxu had started to peruse so books on business and investnt. The books ntioned quite a few flaws in family enterprises, and he himself began to pay intentional attention to the business news around him. He found that many family businesses in the Ouzhou City area had a common characteristic: they typically grew very fast at the beginning but hit a plateau once they reached a certain scale and then gradually declined. The issue seed to stem from stuffing too many relatives and friends into a business.
So Ge Dongxu felt that, rather than involving relatives in his business, he would prefer to just give them money to invest and conduct their own businesses when he made profits in the future. Moreover, he had many secrets that he did not find suitable to share with relatives.
However, if he were to cooperate with relatives in running a business, it would be awkward for him when they inquired about its inner workings. Unlike Cheng Yazhou and others, who would be mindful of their status and would definitely not pry unnecessarily, and even if they did, Ge Dongxu could ignore them. But if his uncles and other relatives pursued the matter, it would be fine once or twice, but after too many inquiries, they might take issue with it.
Since he had decided not to involve his relatives, Ge Dongxu naturally thought of Cheng Yazhou and Wu Qianjin. After all, the three had previously collaborated on a trademark factory, and their cooperation had been comfortable and smooth. Moreover, both of them were trustworthy.
After determining his partners, Ge Dongxu returned ho and approached Cheng Yazhou to discuss his intention to invest in a herbal tea beverage factory, asking if he was interested.
Although Ge Dongxu was very confident in his formula, he knew that even a good wine needs no bush, so he could not guarantee 100% that the herbal tea beverage factory would be profitable and naturally sought Cheng Yazhou's opinion.
"The trademark factory is doing very well, why did you suddenly think of getting into the herbal tea beverage business?" Cheng Yazhou was quite surprised by Ge Dongxu's idea.
Ge Dongxu briefly told Cheng Yazhou about his trip to the bank that day and also specifically ntioned that he had an excellent herbal tea formula.
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Cheng Yazhou knew Ge Dongxu's dical skills were astonishingly remarkable, and he absolutely believed Ge Dongxu when he said he had an excellent herbal tea formula. So, after listening, Cheng Yazhou was sowhat tempted. His only concern was that he had never ventured into this industry and was utterly clueless about how to proceed. Of course, regarding the matter of Ge Dongxu agreeing to buy the herbal tea beverage factory for a high price, he did have so reservations, but considering the favor Ge Dongxu had done for him, this could be overlooked.
"I definitely trust your formula, and your insights have always been accurate. Since you want to invest in this industry, there must be potential in it. However, as the saying goes, different trades are as different as different hills, and Uncle has never dealt with herbal tea beverages before. I'm afraid of ruining your excellent formula," Cheng Yazhou said, stroking his chin.
Cheng Yazhou's remark about different trades being as different as different hills reminded Ge Dongxu of soone, Tang Yiyuan. He was an old traditional Chinese dicine practitioner and would definitely have done research on herbal tea. In the future, he could be asked to consult, and with his reputation and prestige in the field of traditional Chinese dicine, his help in promotion would unquestionably be beneficial. Moreover, herbal tea was essentially a type of dicinal brew, and since Ge Dongxu would not have ti to manage production, he could have Tang Yiyuan help find a traditional Chinese dicine student with both good character and scholarship to help manage production.
Thus, the biggest remaining issue was only that of sales. Of course, for a product like a beverage, sales are the most critical aspect. If the product cannot be sold, everything else is in vain.
"That's not a big problem. Since we're buying their herbal tea beverage factory for a high price, they ought to lead us in and hand over so of their sales channels to us. In the beginning, we need not be ruthless; let's first stabilize their existing sales channels, then gradually beco familiar with them through exploration, and slowly find ways to expand our herbal tea to the national market. Besides, the market capacity for the laser trademark factory is always limited. Profits have begun to decline notably, mainly compensated by volu. Eventually, as more people enter the industry, it will probably no longer be viable. But beverages are different; we have so many people in Huaxia Country, and everyone needs to drink every day. Once we really get our herbal tea off the ground, the profits will be far beyond what the laser trademark factory could match," Ge Dongxu analyzed. As for Tang Yiyuan, since he had not yet sought his opinion, Ge Dongxu did not want to bring him up yet.
PS: Speaking should be based on conscience; you've hurt the heart of a pure man, so votes for comfort, please! Additionally, a fellow reader, He Wu Sha Zhou, who's a banking professional, pointed out that there is a problem with this thod of evaluation for mortgage loans. I am especially grateful for his professional advice, which has been educational for . However, due to professional and experience limitations, similar mistakes may still occur in the future. I request readers to point them out without dwelling on them too much, considering this as a story occurring in Huaxia Country, a parallel to China.
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