The Rebirth of a Genius

The Rebirth of a Genius
Chapter 26 – Registering Company


Bang out!


Feng Xingtai banged on the table.


This kid really needs to be disciplined. Passing through the class and now, he still wants to set up a company? Do you think it is easy to set up a company?


“Dad, don't worry. We do business with Russia. The state also encourages us to do business with them. We have a geographical advantage and we have to make good use of it. Otherwise, within two years, the businessmen from the south will come and take this opportunity and we will get far less. "Said Feng Yu.


"Money money . All you know is money. Do you intend to quit school? Are you still in high school? A university? Letting you go to school is for you to have a good future and not make money! ”Feng Xingtai scolding.


“I did not say that I founded the company. You are the one who will register the company and the company is yours! ”Say Feng Yu.


He wants to register his own company but registering needs to have an ID card. Feng Yu was less than 16 years old and he did not yet have an identity card. How can he register a company?


"I registered a company?" Ask Feng Xingtai.


"Yes, a trading company. There are companies like that in the south now. Reported in the newspaper every day. The Great also encourages entrepreneurship. This contributes to the economic development of the nation! ”Aheading people his parents' age, it is important to use words that sound grand.


"What is it?" Feng Xingtai looked at his wife, but Zhang Muhua could only shake his head. He doesn't know either.


"Dad, I said before. Stop playing mahjong at night and watch more news. Another thing, this time I went to Bing city not to play. It's for business. This trip, I got 80,000 RMB! ”Say Feng yu.


"How much?" Asked Feng Xingtai and Zhang Muhua.


“80.000 RMB. Just two days. I have also made a deal with the other side. He would buy another batch of goods some time later. If we want to make money, we have to take this opportunity! Don't you want to live in a big house? Don't we want to invite Grandpa and Grandma to stay with us? Once you agree to set up a company, we can buy a large house, with an area of more than 100 square meters, in Bing City! ”Say Feng Yu.


Feng Yu did not dare to tell them that many wealthy people lived in houses that were over several hundred or even thousands of square meters of houses. He knew his parents would not believe him. It's a long way to brainwash them.


Feng Yu did not dare to tell them that many wealthy people lived in houses that were over several hundred or even thousands of square meters of houses. He knew his parents would not believe him. It's a long way to brainwash them.


“Dad, if you disagree, I won't be able to study quietly. Midterm exams are coming up. It will affect my results. "Said Feng Yu.


"Then what about our farm?" Ask Feng Xingtai.


Feng Yu rolled his eyes, “Hire people. We will stop farming in the future. We'll rent out the farm to someone else. Anyone who wants to farm, let them go and farm. We will move to the city and enjoy life. ”


Feng Xingtai turned around and looked at his wife: "What do you think?"


"I don't know, you decide for yourself. '' Zhang Muhua was surprised by this conversation between father and son. The two had talked about earning a few thousand in the beginning to earn tens of thousands. Now they even talk about setting up a company. He really could not catch up with their minds.


But he believes that his son, who has to go to school, cannot be wrong. Besides, how could his son deceive him?


Hearing his wife's words and from the sight of his eyes, Feng Xingtai knew that his wife really wanted to live in the city. Feng Xingtai said: "Alright. I'll go and register the company tomorrow. If you can't enter a city high school, I'll close the company. ”


After persuading his parents, Feng Yu returned to school quietly. It's almost a midterm exam and he needs to start a revision. Although he has seen over 20 years, he has focused only on investing and has never done any other business.


After persuading his parents, Feng Yu returned to school quietly. It's almost a midterm exam and he needs to start a revision. Although he has seen over 20 years, he has focused only on investing and has never done any other business.


When Feng Yu was studying hard, Feng Xingtai came to Bing city with his identity card. Li Shiqiang had heard from Feng Yu and had been waiting at the train station. Using a borrowed car, Li Shiqiang sent his future father-in-law to the Bureau of Commerce and Industry.


In this era, it is very easy and quick to register a company.unlike the future, where it is very strict.


Li Shiqiang had already discovered the procedure and brought Feng Xingtai to perform the necessary procedures. The entire process will take about a day and the company will be officially registered the next day.


“Uncle, come and see. This is our Taihua company office. "Li Shiqiang said.


Although it was called an office, it was actually a rented warehouse near the train station. The warehouse has been modified into two floors. The upper floor is divided into many rooms, namely offices and dormitories.


The company's first employees were the youths Li Shiqiang hired to collect bonds. They have stopped charging Treasury bonds door to door. With the opening of Bond trading, the price of Treasury bonds has increased. Now, the price of Shen city government bonds had risen to 101. 30 RMB for a 100 RMB Treasure bond.


Just by traveling between Bing city and Shen city, Li Shiqiang made over a thousand trips.


Feng Yu said that these people were useful. One of them would follow Li Shiqiang to Shen city while the rest would clear the warehouse.


According to Feng Yu, the warehouse would be filled with items and their salaries would soon double.


Feng Yu said that these people were useful. One of them would follow Li Shiqiang to Shen city while the rest would clear the warehouse.


According to Feng Yu, the warehouse would be filled with items and their salaries would soon double.


Feng Yu wanted to have a contribution ratio of 1:1 and shed the company with Li Shiqiang. But Li Shiqiang was clear. This company could make money because Feng Yu and him were only runners. So, he rejected Feng Yu's offer. Furthermore, this time, Feng Yu's investment was quite large. This involved almost all of Feng Yu's money. Li Shiqiang was also somewhat reluctant to give up on the financial bond business.


In the end, the company was registered with an initial capital of 200,000. Feng Xingtai accounted for 90%, which was 180,000 RMB and Li Shiqiang accounted for 10%, 20,000 RMB. The General Manager was Feng Xingtai. Feng Yu and Li Shiqiang were vice managers and the others were salesmen.


If Kirilenko had not given Feng Yu an additional 20,000 rubles, it would have been difficult for them to continue with the State Bond business after issuing 200,000 RMB.


Aside from this 200,000 RMB, rent, renovation and other miscellaneous expenses, they still have about 100,000 RMB left to trade Treasury bonds and they will still be able to make about a thousand per trip.


Feng Yu had a discussion with Li Shiqiang. It need not be so obvious with their initial capital. Li Shiqiang had been busy with the Treasury bond business and Feng Yu insisted their income should be spilled evenly.


Li Shiqiang, however, did not want it so much. His family did not invest much at first and Feng Yu was the one who thought of this idea. Feng Yu also gave him some advantage of the deal with Kirilenko.


If not for Li Shiqiang's resolute refusal, Feng Yu wanted to give him more. But after some time, Feng Yu thought it was no problem. When Feng Yu became successful in the future, he would not forget his brother-in-law and his family.


When Feng Xingtai heard from Li Shiqiang that Feng Yu had invested 180,000 RMB into the company, he nearly fainted.


His son's business is getting bigger and bigger!