Chapter 41 Heavy Assets
Tonghang Road in the urban area is on the north side of Kuishan Market.
At the end of February, people were coming and going on the streets, and eMules were lined up on both sides of the street. After all, eMules are a common means of travel for locals. Even if you have a car at home, you will always prepare one or two eMules in case of emergencies. needs.
Knowing that there was no underground parking lot nearby, Jiang Miao asked Ke Yong to drive directly to the entrance of the tax bureau. It happened to be after get off work there and there were many free parking spaces.
Jiang Miao and his party walked to Kuishan Market.
"Boss, have you been to a small shop on a small road like this before?" Looking at the small shop in front of him, Jiang Haibo made a guess.
"Well, my uncle's house is nearby."
When he walked into the shop, there were already customers at the four tables downstairs. He asked directly to the proprietress: "Is there a seat on the second floor?"
"Is there another room for four people?"
"Yes! Leicha is for four people." Jiang Miao turned around and asked, "What do you want? There are fried rice, fried rice noodles, fried rice noodles and fried potato vermicelli."
“Fried rice!”
“Char Kway Teow!”
“I want fried rice too!”
Jiang Miao said with a smile: "Three portions of fried rice, one portion of fried rice, plus one portion of salted chicken, one portion of bitter melon stuffed pork and tofu stuffed pork, and one portion stir-fried kale beef."
The landlady quickly wrote it down with a pen: "You go to the second floor first."
Second floor, table near the window.
Jiang Miao took a seat, and others followed suit.
You can see the urban government dormitory area outside the window. This is an old community. It was built when the city was founded. There is no underground parking lot or elevator. However, some renovations have been carried out in recent years and elevators have been installed.
After a while, the proprietress came up with a brown ceramic tea bowl filled with green tea soup.
"One bowl for each person." Jiang Miao picked up a big spoon and scooped a bowl of Leicha for himself first: "You guys come by yourselves!"
Jiang Haibo looked at the green tea soup and felt a little uneasy in his heart. However, the boss yelled at him, so he had no choice but to drink it. He scooped out half a bowl for himself.
But Ke Yong was not polite. He scooped up half the bowl, finished it in one go, and then scooped up another bowl.
The proprietress then brought up the sliced salted chicken, tofu stuffed with meat, and bitter melon stuffed with pork.
Jiang Haibo took a sip and found that the taste of the tea was not bad. It was the fragrance of vegetables, slightly sweet, and mixed with a hint of bitterness from tea leaves.
"This salted chicken is a famous Hakka dish in Luhe." Jiang Miao said as he picked up a piece of chicken wings. He likes chicken wings best among chickens, especially salt-baked chicken and salted chicken wings.
Soon, fried rice and fried rice noodles came out one after another.
While everyone was eating, they were chatting about their parents' personal affairs.
Since Jiang Miao didn't like to discuss business matters during meals, others would naturally not ask for trouble.
It was almost two o'clock when the meal was over.
Then I walked back to the entrance of the tax bureau and drove.
It was almost half past two.
Jiang Miao did not go back, but asked Ke Yong to drive to the opposite side of the Urban Management Bureau on Erma Road.
Fortunately, we came here around 2:30 in the afternoon. If it were noon or evening, both sides of the road here would be almost occupied by food carts and electric donkeys, making it difficult for cars to pass.
Park your car near Shanmei Middle School.
After walking for a few minutes, the group saw three row shops being renovated.
The decoration master worked for Jiang Yao and knew Jiang Miao. He quickly put down the carpentry work he was doing and said, "Boss Jiang, the decoration here will probably take about a week." "It doesn't matter, you guys go to work first!" Jiang Miao He turned around and ordered: "Zixuan, go nearby and buy a box of Red Bull and some bananas for the masters."
"Okay." Li Zixuan nodded.
Jiang Miao and Jiang Haibo chatted about the store.
This store is diagonally across from Hongwei Elementary School. It used to sell electrical appliances. However, the landlord's son lost millions in online gambling last October. In order to pay off his son's debt, he could only sell these three stores.
The first floor of the store covers an area of 144 square meters, and the second floor is an original residential building with an area of 156 square meters. The total area is 300 square meters.
The purchase price is 4.5 million yuan.
At present, Jiang Miao has purchased a total of three properties in the city, including a 300-square-meter shop on Erma Road, a self-built house on the roadside of Chengnan Road, and a self-built house on Haibin Avenue near Fengshan Mazu Square. A total of 1,739 Ten thousand yuan.
The reason for purchasing these properties was actually Jiang Haibo's suggestion, because he believed that the company's current cash flow was very sufficient and the money should not be left idle.
Although Hailufeng Company is registered as an agricultural technology company, its business scope actually includes supermarkets, department stores, agricultural products, catering, etc.
In order to enhance the company's ability to resist risks, Jiang Haibo suggested that while purchasing properties, he could also use these properties to open some ancillary stores.
After thinking about it, Jiang Miao decided to purchase these three properties, but these properties were under the name of his father, Jiang Dahai, and then rented them to Hailufeng Company.
In terms of the direction of store management, he did not act arbitrarily. Instead, he consulted his brother-in-law, father, Jiang Haibo and others. In the past few days, he finally had a general direction.
First of all, the property they are currently in has a large area and a very important location. Erma Road is a famous local Internet celebrity street and food street. Therefore, the business of this store is eel rice and a store specializing in company products.
As for the self-built house on Chengnan Road, the store on the first floor is only 60 square meters, and the five floors add up to 320 square meters, so Jiang Haibo suggested building a gold store.
The reason for choosing a gold store is naturally that Hailufeng Company has a large amount of cash. If you want to avoid taxes reasonably, then opening a gold store is a very good way to avoid taxes.
After all, when gold is purchased and processed into handmade jewelry, these investments become inventory goods, not to mention the profits of the gold shop are also good.
The last self-built house on Binhai Avenue has a store area of 120 square meters on the first floor, but it is only three floors, with a total area of 400 square meters.
Jiang Miao plans to use this property as a private club so that he, his family and company personnel can have a place to stay in the city when they come to the city for business.
It can also be used to entertain business partners from out of town.
In fact, this kind of asset-heavy operation is a very good investment strategy for cash-rich companies like Hailufeng Company.
As for investing in finance, Jiang Miao has no talent for finance because he is very average in mathematics, and Big A is famous for being rebellious. Investing in foreign finance carries greater risks, and he does not want to be harvested like a leek.
Jiang Miao didn't feel comfortable even borrowing money from the bank.
After all, many companies die from high debt and broken capital chains.
In Jiang Miao's view, many private enterprises are too radical and blind in their investment strategies, often borrowing money to expand uncontrollably.
If the market environment is relatively good, it will naturally skyrocket.
But if the market environment deteriorates or policy changes, it may explode in an instant.
He doesn’t understand the mentality of many entrepreneurs, why they are so radical, as if if they don’t expand today, they will be eliminated by competitors tomorrow.
Or they were deceived and invested in a lot of PPT projects without doing any research reports, feasibility studies, market research, etc.
And Jiang Miao’s investment seems very radical.
In fact, it is within the controllable range. The company's cash flow has always been very abundant. Without loans, the company will not suffer a serious financial crisis no matter how it invests.
If you have a loan, you cannot make too aggressive investments, and you must take into account the risks and consequences of a broken capital chain.
The investment of many entrepreneurs is actually gambling, betting that the market will improve and they can be pigs in the spotlight.
It's a pity that they only saw the pigs flying, but subconsciously ignored the pigs that fell to death in front of the wind.
(End of chapter)