Business Witch
Ch. 21 Free Advertising
Wu Guangyao came to HSBC Bank again, and Li Jia was still the one accompanying Wu Guangyao to go to Manager William's office.
"Oh, Wu, are you here to repay your loan?" Manager William said happily.
"No, Manager William, I'm here to borrow some more, borrow about 100,000 Hong Kong dollars." Wu Guangyao said firmly
Manager William was surprised, HSBC Bank has always been very careful in lending to the Chinese people.
The last time he agreed to lend to Wu Guangyao was because of Li Jia as well as his financial statements.
"Wu, this may not be possible, because it is not in accordance with the rules. So you have to pay off the first 50,000 Hong Kong dollars first, only then will we consider your loan again."
"Manager William, the last time I used a store on Bonham East Street as collateral to take out a loan of 60,000 Hong Kong dollars. But, this time I plan to use my main store located on Queen's Road as collateral to take out a loan of 100,000 Hong Kong . The profitability of our main store is better than the existing branch store in Bonham East Street. Our Lao Fengxiang store is currently already trademarked, Our brand value is more than 100,000 Hong Kong dollars, And also our gold and silver jewelry also exceeds 100,000 Hong Kong dollars. I'm not why HSBC Bank didn't give me a loan.” Wu Guangyao was confident that Manager William would give him a loan. Then He also gave William his main store financial account which he had accumulated over the past ten days.
"Look first at our main store's financial account, Is Manager William still worried if we can't afford it?"
Manager William did not answer a question from Wu Guangyao, Because he was focusing on opening the financial account of Wu Guangyao's shop.
Suddenly Lin Jia also came along to speak: "Manager, I have visited their main store and it is true that their business is currently hot. In addition, Lao Fengxiang Shop also has many advantages in the gold shop on Hong Kong Island, Since they are the propellers of the gold industry, Therefore I am sure they will definitely be able to repay that loan."
In the end, Manager William approved Wu Guangyao's loan request. Due to the guarantee from Li Jia, For this reason, Wu Guangyao gave Li Jia a red envelope he could not let others help in vain.
The 100,000 Hong Kong dollar loan will be issued in one more week, With no money this loan can at once eliminate the current financial pressure of Lao Fengxiang.
However, opening four stores simultaneously requires a very large capital.
Pawnshop
"Boss, I want to pawn gold jewelry, How much money will I get with this jewelry?" A man in a suit said helplessly to the pawnshop owner.
To grow his business, he really can't think of earning any more money than pawning his new wife's jewelry.
As a man, he really felt helpless.
Fortunately, his wife understood his condition and gave him the gold jewelry he had just bought for her.
The pawnshop owner looked at the pile of gold jewelry on his desk and said to the man: "Hmm, It looks like all this jewelry is from Lao Fengxiang. Did you bring the papers?"
The man was surprised, and said quickly: "Bring, here it is."
The pawnshop owner looked at the pile of jewelry letters he knew that the letter belonged to Lao Fengxiang.
"130 Hong Kong dollars for one tael, the total is 20 taels, Do you want to pawn everything?"
Another customer at the pawnshop said dissatisfied: "Boss, you told me that 110 Hong Kong dollars for one tael, Why, Why, He you give 130 Hong Kong dollars one tael."
The pawnshop owner smiled and said: "Master, the Jewelry you bought came from another gold shop, and also the purity of this gold is not high, But, the, The jewelry brought by this Master all came from Lao Fengxiang where the purity had already reached 90% purity. Sir, may you just ask another pawnshop, what price they give if it's Gold jewelry from Lao Fengxiang, Surely they will give a higher price than other gold shops."
Scenes like this happened from time to time, and gradually spread throughout on Hong Kong Island, So they flocked to buy Lao Fengxiang gold to keep its value because their gold purity was very high.
After the 9999 gold brand became famous, Immediately attracted many new customers to Lao Fengxiang, With this it could make a strong basis for the development of Lao Fengxiang, the, this is the result of the brand effect being advertised for free.
Wu Guangyao was in a romantic moment recently now she was in a very happy mood, But there was a news that made Wu Guangyao have to advance his plans.
Rong Bensheng told him that if Lao Fengxiang wanted to open four branches at once, then he would face a great challenge.
It is about the source of gold.
Hong Kong Island imposed import and export controls on gold at the end of May this year. The source of all domestic gold will be limited and the price is still monopolized by the government.
In the previous period, Lao Fengxiang had relied on Wu Guangyao's ability in assessing the quality of gold, Therefore he could attract many gold traders and wealthy merchants from mainland China to sell their gold on his, he said, and also because of that he can support the source of gold for his two stores.
But, Now different from opening four branch stores later, Then automatically he will lack a source of gold, It will be a big problem for him.
Wu Guangyao had an initial plan then he told Rong Bensheng confidently. "The only way now is to buy gold from Macau. Macau gold allows us to franchise for import and export. And Macau's gold prices are lower than Hong Kong Island. I originally planned to say it later. But now that you've asked this question, then I'll tell you that I'm ready."
"Mr Wu has really prepared everything, It embarrassed me."
"No, Although I'm ready, But there will definitely be negligence, So you should treat this company as your own business, In the future I'll give you a few percent stake, so you'll have to, So now work hard." Wu Guangyao wrote another blank check.
"Yes, Mr. Wu, I will work hard. However, buying gold from Macau has a high risk. How is Master Wu planning to arrange this?"
"I plan on taking Li Fang to go with me, Then later in the future I will hand this matter over to him and will also bring the people from the Thunder Shield to keep the security later." If people said who Wu Guangyao trusted the most, then he would answer Li Fang as they grew up together.
"Well, it's supposed to be safer. But right now, we can only go to Macau by boat, Mr. Wu we'd better find some people who have guns in their hands." Rong Bensheng was obviously still worried, After all, He knew that Wu Guangyao would do something amazing again, But he was only a seventeen or eighteen year old boy now.
"We'll talk about it later, this kind of thing is very easy to figure out.If we get arrested by the Hong Kong police it will be dangerous for our business."
“When I was in the mountain residence, I met with a former national soldier, I planned to have him carry a weapon to escort the boss secretly. Then we'll guarantee his family's life gets better as bait. So that he will always protect the boss even if his life will be lost. And even if he gets caught we can make clean choices and make him seem like he has nothing to do with the boss. With his family there we're not afraid he'll betray us."
"Okay, this matter I'll leave to you, however you have to persuade him so that he can cooperate with us and make him our guardian in the future, Money matters can be discussed."
In March of next year, American Airlines will open a flight path from Hong Kong Island to Macau, It was specifically to serve travelers and gold traders in buying and selling gold in large quantities.
However, it also caught the attention of the robbers Wu Guangyao remembered that the hijacking incident that occurred in July of next year.
The cause was a robber threatening a businessman who was carrying a lot of gold, then he fired a warning shot, after which he shot the pilot.
23 People were on the plane at the time and 22 people were killed in the incident. Only the robber survived the incident. The incident caused a huge sensation in Hong Kong and Macau.
So Wu Guangyao will definitely use the ship to buy gold to Macau in July next year.