She Only Cares About Cultivation-Chapter 916 - 824: Famine Era 65 (Boom of the Year of the Ox) (Part 3)

"Ah, isn’t it that a relative of mine wants to start a small workshop? He happened to see the shoe samples at my place and thought they looked great, so he wanted to ask if you would like to collaborate with him. Although his shoe workshop is small, you can trust the quality of the shoes because they are all made by experienced workers who retired from the factory."

"May I ask, Master Xu, what is your relationship with this relative?"

The old man smiled sheepishly, "To be honest, it’s my son. My son also worked as a factory worker. Seeing that I earned money from you, he thought it was better than working at the factory. So he found about ten retired shoemakers and wanted to invest in a shoe workshop. However, we’re not skilled in design, even though we are familiar with the shoe patterns from the factory. But we always feel that they’re not as good as the ones you brought over. Those can only be sold as old models, and the ones you bring can be new models."

Ye Huan laughed, "I fear your son is not just an ordinary worker, right?"

Can just anyone invest in a shoe workshop? You have to know that those shoe skins and cloth aren’t something everyone can source.

The old man laughed again, "He used to be a worker, but later he went to college. After graduation, he became a leader at the factory..."

The old man thought about how he needed to explain his family’s situation if he wanted to persuade Ye Huan, so whenever Ye Huan asked something, he answered it.

Once Ye Huan understood enough, she requested to meet with his son.

The opposite party agreed readily, and that evening she met his son Xu Bin at Master Xu’s home.

Xu Bin looked quite genteel in appearance, even wore glasses, but when negotiating conditions with her, he wasn’t genteel at all; rather, he was cunning and strategic, truly a young man to be feared, thinking things through more comprehensively and thoughtfully than her, an old fellow.

Xu Bin offered her two options: First, she designs one pair of shoes and receives a design fee for that pair; Second, she designs in exchange for stock but cannot get involved in any matters of the workshop, only responsible for the design. Beyond design, she can’t interfere, and every year she would receive ten percent of the profits.

Ye Huan hadn’t expected this young man would have some tricks, and by all appearances, she should choose the second. But the money from the second option can’t be open and transparent to her, and accounts and such can be falsified. Thinking it over, she felt it was not feasible. After all, being far away in Beijing, how could she supervise matters in Wenzhou?

"I choose neither of these methods; I choose one thing: for every pair of shoes I design that sells, I want five percent of the profit. Additionally, your stocking and account should match. If this works, I’ll agree; if not, let’s drop it. After all, I’m not limited to designing just one pair of shoes. You see? I’ve brought the whole album this time, filled with shoes I’ve designed, meaning I am the copyright owner of these shoes. Without my designs, you might be able to make them, but not as easily as this. We need to sign a contract, register the trademark, register the company, do everything according to the proper way."

After that, Ye Huan explained the details of registering the company and trademark, and she mentioned she also started a clothing workshop. Whether it becomes big in the future or not, as long as her clothes can be sold, shoes can be sold. If the shoes made satisfy her enough, a dedicated store can be opened at Beijing’s Wangfujing...

Ye Huan’s vision greatly touched Xu Bin. In fact, he had envisioned such a future internally, but he never expected that a person who shared his language would be an aunt-level figure who could be his mother. Compared to his own mother, this aunt’s vision was truly trendy.

The scary part is she was previously a doctor, yet she had such a keen market insight and a picky and avant-garde perspective on beauty.

Xu Bin thought it over, then gritted his teeth and agreed to Ye Huan’s conditions, "Alright, Aunt Ye, I’ll do what you asked: register the company, register the trademark, select the factory location. But are you sure you don’t want to invest yourself?"

Ye Huan shook her head, "I reduced the profit from ten percent to five percent just to tell you I’m only concerned with how many pairs are sold and how much I earn. As for other matters, I won’t meddle, nor do I want to. I don’t have the energy to manage it. If there’s a possibility of us collaborating in the future, then we’ll plan differently. What do you say?"

Seeing the situation, Xu Bin refrained from saying more, and so Ye Huan left. Although they didn’t manage to make any shoes this time, there was at least some gain. 𝒇𝙧𝙚𝓮𝙬𝙚𝓫𝒏𝓸𝓿𝓮𝒍.𝓬𝙤𝓶

As for how Xu Bin would raise money and complete registrations next, it was none of her business.

But influenced by this matter, after returning to Beijing, she immediately went to register the trademark [Huanyan]. As for the individual business registration, she had already completed it at the opening. As for registering the company, she wouldn’t consider it for the time being. After all, the trademark is more important than the company for the time being.