Chapter 477 Fund Management Center
Lin Hui now earns tens of thousands a month, and feels uneasy. Feng Yiping earns at least a million a month, but now it seems that he needs to borrow money, no, professionally speaking, it is financing.
Other companies are not short of funds, but Yijia Hotel is short of funds.
But Yijia Express Hotel is developing very fast, and now it is planning the twelfth store. Except for the first store, which has bought the property rights, the rest are leased properties, but the average renovation cost of each store is more than 3 million , although the current account is still relatively sufficient, but according to the current development trend, it is expected that the funds will be tight in half a year.
Banks are not parents, and they don’t give you what you want. If you don’t have confidence in the financial situation of the company, and several banks are chasing after you to grant credit, it’s your first time to borrow money from a bank, and you can do this job half a year in advance. It is very abundant.
Later, Feng Yiping only opened a small company. He was very self-conscious and never went to the bank to make fun of himself.
When a man feels the most frustrated, besides being rejected by the goddess, he spends a lot of time and energy preparing and submitting a lot of information according to the bank's requirements to get a loan, and then there is a very polite and fluffy sentence, "Your company does not satisfy our bank. loan terms!"
You who thought you were doing well, at that moment, you must not be able to straighten your waist.
But it’s different now, several banks are doing their jobs, vying to get them a loan, before they dared not ask the bank, but now the bank asks themselves, Feng Yiping feels a bit overturned.
In the meeting room of Yijia headquarters, after flipping through the thick information, Feng Yiping said, "I don't need to look at it carefully, zero debt, abundant cash flow, and the minimum growth rate of main business income is above 50%. , the metal product company with the lowest operating efficiency, the operating profit margin is also above 15%, and the valuation of fixed assets is more than 300 million, why should I worry about the loan!"
Everyone in the room laughed. The company has never been short of money. This year, it is mainly because it also bought a piece of land in Hainan to build a hotel. In addition, Yijia’s progress is too fast. There may be a shortage of funds in the second half of the year.
"What's the one-year interest rate?" Feng Yiping asked Li Lin.
"All banks are similar, the lowest is 5.35,"
Feng Yiping felt a little heartbroken. If he borrowed 200 million yuan, he could still buy a top-level villa in the capital with one year's financial expenses.
He still has nearly 50 million U.S. dollars in his account with UBS in Hong Kong. As long as he invests in, he can turn around. However, it is easy to get in, but it is difficult to get out, especially the US dollar. .
Besides, although the money is idle now, it can bring high returns as long as it is used once. In the future, the start-up funds of other projects will depend on the gains made in the financial market, so they still cannot be moved.
"Prepare with both hands, don't be in a hurry to get a loan first, hang on to those banks that are in a hurry, and do another thing first, Mr. Li," he told Li Lin, "You should start immediately and set up a fund management center. Allocate, use, manage and supervise the funds of the subordinate companies to maximize the efficiency of fund use.
At the same time, do a good job of explaining to the affiliated banks and industrial and commercial departments. In the future, each company can make internal deposits, internal loans and repayments in the fund management center. I guess they will definitely require this to be paid, right? "
A company is different from an individual. For example, we borrow money from friends for emergency, and it doesn’t matter if we don’t pay interest, but companies are different. Not to mention the account fund withdrawal procedure, even if the financial transactions between affiliated companies are not handled properly , For example, if no interest is charged, there is the possibility of tax evasion or fund withdrawal.
"Based on our current relationship, the work of banks and industrial and commercial departments is easy to do. Internal borrowing must be repaid, and it is good to charge occupancy fees. We can refer to bank interest rates, appropriately increase the fund occupancy rate of internal deposits, and appropriately lower it. The occupancy rate of internal borrowing will not leave the deposit and loan spreads in the management center.
However, this work is a lot of work, and it takes time to formulate related procedures, and it also takes time to sort out the accounts of each company. At the same time, doing so will add a lot of accounting subjects. It is best to ask Zhitong Company to add relevant modules to the financial software. "Li Lin thought for a while, and then answered Feng Yiping's question completely.
"Mr. Hong is here today. For software issues, you can communicate with him yourself. In four to five months, can these be sorted out?" Feng Yiping asked.
Li Lin thought for a while, "I have no problem here,"
Hong Haoran said, "Just adding some modules, it will not exceed two months,"
"That's good. Now let's calculate how much profit each company will have in half a year. On my side, the Hong Kong magazines will be able to draw at least 20 million by then." The advertising revenue of the edition is all settled in US dollars, and he doesn't want to move it for the time being.
"It's no problem for the decoration company to take out 30 million yuan. Not including the cabinet factory, the furniture factory can also take out 10 million yuan," Mei Yiliang said.
"After deducting the cost of opening a branch in the United States in the middle of the year, Zhitong Company will be able to draw at least 10 million by then,"
"Youjia's pace of expansion has never stopped, but the cash flow is abundant, and it is no problem to withdraw 20 million yuan,"
"Mr. Xu, in your own hotel, how many hotels will be open by then, and how much is expected to be able to generate blood?" Feng Yiping asked Xu Bin. Express hotels are not convenience stores. Now it takes less than a month for a convenience store to go from preparation to opening. , and a Yijia branch needs at least one quarter from the preliminary preparation to the official opening.
"At that time, 15 stores will be officially opened. Based on the current average occupancy rate of 63%, plus the Jiasheng Hotel that will open after the National Day," Xu Bin pressed the calculator, "25 million to 3,000 Between ten thousand,"
"It's calculated on the basis of 20 million, excluding logistics companies, metal products companies and other companies. Everyone sitting here will be able to draw 110 million in half a year. With a 40% discount, it will be more than 65 million. Then It's just that the planning is right, at least this year there is no need to ask for financing from the bank." Feng Yiping stared at Li Lin.
“Ideally, it would be like this,” Li Lin said.
"Well, I've formally decided to postpone the matter of financing. In addition, I want to emphasize another discipline. Even if you need to borrow money from the bank, the fund management center will be responsible for all the loans. All loans will be repaid. Companies are not allowed to contact the bank without permission." , Another villa was saved, Feng Yiping was very happy.
"Also, Yijia's website should be established as soon as possible, and online reservations can be realized in the second half of the year, and the membership system should also be put into use as soon as possible. For various promotional activities, such as booking through 400 phone now, consider giving appropriate Discount, as for whether it is 98% or 95% off, you can decide for yourself. In short, try every means to increase the occupancy rate and enhance your own hematopoietic function." Like Youjia, they use their own funds to build new branches.
"Yes, these are being carried out quickly. Our budget is that as long as 30 branches are put into operation, we will be able to expand with our own funds in the future." Xu Bin said.
"Well, while I'm still here, let's talk about other problems besides funds." After solving the big problem, everyone relaxed.
Gao Zhiyi opened the door and let two girls outside come in to refill everyone's teacups. Feng Yiping didn't notice that one of them was Liu Yuanyuan, the eldest of Feng Jiasheng's beautiful nieces.