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Chapter 142: Plan to Establish an Advertising Company

~7 min read 1,341 words

Chen Yang discussed with Du Yue'e for a while and decided to set up another advertising company.

The advertising industry has a relatively low barrier to entry, does not require high professional skills, and is quite suitable for placing relatives and connections.

Moreover, the advertising industry currently has great market demand, especially for newly started private enterprises that need advertising to promote their products or services.

In the future, those relatives and connections introduced by leaders can be assigned to run business, and it will also be easy to take on advertising orders from major enterprises.

Chen Yang can also entrust the advertising of the Common People's Agricultural Products Trading Company and the Red Star Food Processing Factory to the new advertising company to boost performance.

Of course, Chen Yang will certainly not let the relatives and connections handle all the company's affairs; for segments involving professional expertise, professionals must still be hired.

As for the location of the advertising company, Chen Yang has also found a spot, right opposite the Twin Forest Market.

The Old Farmer Agricultural Products Lifestyle Supermarket run by Meng Bin is currently still closed.

Du Yue'e told Chen Yang that the supermarket's premises were rented, and Meng Bin had only paid six months' rent. After the supermarket closed, the latter then demanded the rent back.

Since then, that place has remained vacant.

Chen Yang called the landlord according to the rental advertisement posted at the supermarket entrance, learned that the entire three-story building of the Old Farmer Supermarket belonged to the other party, and decided to buy it outright.

After bargaining, they finally struck a deal at 1.2 million. This price is actually higher than the current market price, since the other party's property is an old building, and only the ground-floor shop is valuable. Meanwhile, Chen Yang paid only 600,000 for a new shop of the same size.

However, considering its future investment value, this price is also acceptable.

After settling the price, Chen Yang had Du Yue'e take the other party to handle the property transfer procedures.

As for professional talent for the advertising company, Chen Yang plans to first post job ads at the City Labor Bureau. If he can't find anyone, he will go to Xingcheng to look. As long as the compensation is sufficient, he believes he can certainly hire satisfactory talent.

After Du Yue'e left, Chen Yang took over the supermarket's cashier work. Because four branch stores have been opened, the supermarket's foot traffic has obviously decreased a lot. It is heard that only in the morning does a short queuing surge appear.

Moreover, Du Yue'e provided a pre-order service in the supermarket, allowing customers to order vegetables one day in advance. For pre-ordered vegetables, there are dedicated staff to sort and weigh them. Even if a morning queuing surge occurs, it will be quickly diverted.

Thus, Chen Yang's cashier job is actually quite idle. Fortunately, Zheng Yun and the others returned not long after.

Chen Yang introduced the supermarket's work situation to Zhang Chunhua's sister-in-law, then sent her and her son to the Textile Factory Staff Quarters, and his task was finally completed.

After returning home, Chen Yang checked the stock market again. Yun City Biotech's stock price remained at 21.54 yuan and did not fall back. Meanwhile, Xingcheng Heavy Industry's stock rose slightly, with the closing price becoming 19.5 yuan.

Chen Yang called Shen Anna and told her that he was preparing to open another advertising company.

Shen Anna did not quite understand Chen Yang's behavior: 'Boss, if you're idle, just come to the company more often to walk around; I'm almost exhausted.'

Chen Yang explained: 'I don't plan to personally run the advertising company, nor do I hope for profit; it's mainly to arrange jobs for some friends' relatives.'

Shen Anna snorted dissatisfiedly: 'You're just burning money because you have too much. Why not simply give some to me so I can buy a villa on Jiangmen Dao?'

Chen Yang said: 'If you want to live in a villa, just use the company's money to buy it! I can turn a blind eye.'

Shen Anna stared for a moment, then after a while said: 'Boss, you're spending money recklessly; aren't you afraid of ruining yourself?'

Chen Yang disagreed with her view, saying: 'How can investing in a villa be called wasting money? Future housing prices will definitely rise, and villas will appreciate. If you can get Yexin to step in and lower the price a bit, we could buy two.'

Shen Anna pondered for a while and found Chen Yang's point somewhat reasonable: 'Boss, if you then put more money into the company to buy two villas, cash flow will become a bit tight!'

Chen Yang temporarily does not plan to invest personal assets into the company again, so he told her: 'If there's no money, just take a loan; now the bankers in Xingcheng are eager for us to borrow from them.'

Shen Anna fully agreed; recently, when she went to discuss online payment business with bank executives, they would proactively ask if there was any loan demand.

"How much to borrow?"

Chen Yang thought for a moment and said: 'Borrow a bit more. Let Qian Duo Duo work out a budget, and include the cost of building the headquarters as well.'

Shen Anna then asked: 'Should the construction funds for the factory buildings and cold storage of the Red Star Food Processing Factory also be budgeted in?'

Chen Yang immediately rejected her proposal: 'The finances of the Red Star Food Processing Factory will become independent later. Even if a loan is needed, let them negotiate with local banks themselves.'

"Okay." Shen Anna guessed that Chen Yang might want to keep the factory's tax revenue in Qingshui City, so she stopped asking further. From her perspective, handling only the business of the Common People's Agricultural Products Trading Company would also be less troublesome.

After hanging up, she called Yexin.

"Dear, I plan to buy two villas under the company's name for employee dormitories. Can you ask your friends to give a discount?"

"Has your company recently made a fortune?" Yexin's voice sounded surprised; she had never heard of using villas as employee dormitories before. Although Shen Anna is the company's second-in-command and qualifies for villa residence, the Common People's Agricultural Products Trading Company has only been open for less than two months. Is there really a need to be so extravagant?

Shen Anna joked: 'What, the boss can't look after his subordinates' lives?'

Yexin always felt something odd, and cautiously asked: 'You and that brat Chen Yang couldn't be having an affair, could you?'

"Get lost!" Shen Anna didn't expect Yexin to think that, and couldn't help cursing: "Can't you think of something normal in your head?"

Yexin spoke solemnly: 'A man's generosity toward a woman usually has an ulterior motive eight or nine times out of ten. Chen Yang's gesture of handing over villas worth millions, aside from wanting to sleep with you, I can't think of any other reason.'

Shen Anna was instantly defeated by Yexin's imagination: 'Madam, she already has a husband, okay! If you say that, it wouldn't be good if Lin Wei heard it either.'

Yexin said: 'Nonsense, I definitely wouldn't say that in front of Lin the little girl. But having said that, aside from your age disadvantage, you're not inferior to Lin the little girl in any other way. How could Chen Yang possibly have no thoughts about you?'

Shen Anna spoke seriously and solemnly: 'We really have nothing going on, so stop guessing. Chen Yang means that villas have appreciation potential and can serve as company asset investments.'

Yexin suddenly understood, but soon became annoyed again: 'If it's an asset investment, then I should collect a brokerage fee. This brat made over a million again in the stock market today.'

"……, no way!" Shen Anna was utterly speechless. "The company is the company, the individual is the individual. If you want to extort him, go to Qingshui yourself."

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End of Chapter

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