I Don't Want To Be A Young Master

The applause in the meeting room became even more enthusiastic. To be able to earn 69.39 million in half a month was truly out of everyone's expectations.    

Even with this peak at the end of the year, a profit of more than fifty million yuan a month was shocking enough.    

What made everyone even more excited was that they saw a bright future. With such a high ability to absorb gold, it could be said that the distant winds had boundless prospects.    

Ye Feng coughed a few times, it took a lot of effort for everyone to calm down before he smiled and said: "That means that last year, the six stores earned a total of 600 million".    

As if afraid that everyone wouldn't be pleasantly surprised enough, Ye Feng threw out another bomb, "Six stores, the total sales amount to 100 million!"    

Boom!    

Everyone in the meeting room was truly shocked.    

Although the coupons were not considered a profit, they were in exchange for a cash reserve.    

Far Wind Shopping had made nearly 800 million yuan in cash for half a year, a figure that was enough to shock anyone.    

To be honest, even a company ten times bigger than Yuanfeng might not be able to come up with 800 million in cash.    

Retail business had the most cash flow in the first place. For example, for some IT industries, even though the value of their appraisal was more than ten or a hundred times that of Yuanfeng, the amount of cash they could take out might not even compare to Yuanfeng.    

Everyone discussed in whispers, their faces brimming with a joyful smile.    

Ye Feng saw the situation and added, "Last year's expenditure was not small either. Most of it was for the construction of the new store and the staff, so we spent a total of 200 million."    

Everyone was mentally prepared for this. After all, the investment from Nanhua alone was over 100 million.    

Even so, Yuan Feng's remaining funds were sufficient.    

Seeing everyone so excited, Ye Feng was in no hurry to speak.    

Waiting until everyone was done venting, Ye Feng turned his head and asked, "Director Tang, tell everyone, how much money do we have left on our account?"    

Seeing Ye Feng asking about himself, the newly appointed chief financial officer, Tang Haiping stood up and said: "Putting aside all other expenses, there are still 500 million in cash, of which 300 million will be pledged."    

After listening to Tang Haiping's words, the others were still excited. However, Ye Feng bitterly smiled and said, "If we keep counting down, putting away the money for the coupons and the money for the goods, I still lost 1.56 million last year?"    

Everyone knew that Ye Feng was joking and started laughing.    

On the books, it looked like Ye Feng was indeed losing money. In reality, he had gained six more stores, a logistics company, and an extra house.    

This alone was worth more than 200 million, meaning that Ye Feng's net income last year was over 200 million.    

This was already the profitability of a medium-sized group.    

After the joke was over, Ye Feng regained his composure and said, "Last year, Yuanfeng developed quite well. This is something that cannot be done without everyone's hard work."    

Everyone immediately applauded.    

Ye Feng stretched out his hand and pressed on, "Let me tell you what this year's target of the Far Wind is."    

"Last year, we opened six stores. This year, my idea is to turn six stores into thirty stores!"    

With that, everyone's expression turned serious.    

Duan Pengfei asked, "Director Ye, isn't the speed a bit fast for 24 clans a year?"    

There were twenty-four stores a year, which meant that there would be two stores open every month.    

Ye Feng shook his head.    

There are 21 local level cities, 62 municipal districts and 121 district districts in Nanjiang River.    

Putting aside the towns, even if there were only one store in each county, there would be at least a hundred of them.    

In order to fulfill Ye Feng's dream of shopping in the far winds all over the South River within three years, twenty-four families a year could only be considered as the minimum requirement.    

Duan Pengfei didn't refute anymore when he saw this, and instead asked. "Then what Director Ye means is to use the 500 million on the books?"    

Ye Feng first nodded his head, then shook his head and said, "Don't use all of this money, otherwise there will be endless troubles in the future."    

Although he desperately wanted to expand, he had not reached the point of being dizzy.    

It was one thing to spend tens of millions on it, but Ye Feng could still make up for it in an emergency.    

However, if he were to divert 500 million, then any of these links would have a problem, and Yuanfeng's capital chain might break. At that time, Yuanfeng's only outcome would be bankruptcy and bankruptcy.    

In the end, Yuanfeng's ability to resist risk was too shallow, and his ability to resist it was too weak.    

If those big companies didn't need to think about this, they could just casually spend over a billion in over a thousand stores, even if they had to put together one million for each store.    

Ye Feng explained, "My idea is to use the shops to support the shops. I will take out 200 million first and open 10 to 12 stores in the first half of the year. "When the new stores start to open and we have some income, and with the support of six stores, we'll have plenty of money in the second half of the year. We can open the remaining stores."    

Two hundred million to open ten stores should be enough. The key point is to take out two hundred million, Yuanfeng still has enough money to use as a reserve.    

There should be no problem with the rest of the money in dealing with sudden situations, unless there is a major change.    

The others nodded in succession. In fact, that was what Yuanfeng did last year.    

However, in the early years of last year, he had to rely on a store in Tianhai for blood transfusions, so his new store opened a bit slower.    

Now that Yuanfeng had enough money and six blood transfusions, it wasn't too hard to open twenty-four branches a year.    

The others only had to manage their own business, so they naturally wouldn't have any objections.    

Duan Pengfei instead frowned and said, "Then this way, our shortage of personnel will be too great, and at the same time, there'll be a large number of new people pouring in that will be detrimental to the company's development."    

Ye Feng did not say anything, only glancing at the others.    

Duan Pengfei had cooperated with him for a long time, so he immediately understood what Ye Feng meant.    

Ye Feng's meaning was naturally to have Yang Shimin and co. move around. Several stores in Shanwan gradually stabilized, and these shop managers were the best candidates to be sent out to expand.    

If a new player was recruited, they could gain experience in a few old shops. After a few months, they could be released and used.    

Duan Pengfei swept a glance at Zhou Yang's group from the corner of his eyes. Seeing that they were still clueless, he held back his laughter in his heart.    

These guys thought that it was none of Ye Zichen's business. Did they think that Ye Zichen was the kind of person who would let others have time to spare?    

Let alone the others, the management of the store was completely controlled by Ye Feng.    

Shen Mengyan went to Grand City's Logistics Management Company, while Zhang Jiadan managed Tianhai's branch. Duan Pengfei was one of them. He had been busy the previous year.    

Duan Pengfei didn't warn him and went around the topic. "Then which area will our main development area focus on this year?"    

There are 21 local cities in Nanjiang River. In addition to Guangcheng, Tianhai and Shanwan, the other 18 cities naturally can't be a swarm of bees.    

The best way was to nibble away at it, just like Shanwan was right now.    

Ye Feng already had an answer in his heart, and immediately replied: "In the first half of the year, it's called 'Fuling'."    

"A city? "Fuling?"    

Everyone thought for a moment and immediately understood what Ye Feng was thinking.    

If you took out the map of Nanjiang Province, you could see that Guangcheng was in the center and Shanwan was in the southeast.    

On the other hand, Ying Cheng and Fu Ling were on the left and right side of the Nanjiang River. Ye Feng's goal was to take down the outer cities of the Nanjiang River and gradually expand.    

The final pattern formed was to surround Grand City, which was also in line with Yuanfeng's strategic goal.