Franchise God - Chapter 26
Only Krnovel
Franchise God Episode 026
Chapter 6 How much is it? How much is enough? (1)
Village Chief Park Chung-won looked at Ha Su-yeong’s eyes, still half-drunk, in confusion.
Suddenly, I remembered the eyes from yesterday that seemed soaked in blood.
‘Have you ever actually killed someone?’
A chill ran down my spine for a moment and that thought occurred to me.
Ha Soo-young continued speaking, reeking of alcohol.
“I’m so sorry, I came to apologize. From now on, I really need to restrain myself from drinking in front of the village elders. Man, I really hate myself like this.”
“What, what do you mean? You usually live with patience? You say your true nature comes out when you drink?”
“Is that literally true?”
“So, your original nature is like that… Anyway, I had that much when I drank yesterday, but I usually just hold it in, is that it?”
“Yes, I decided to live this life as a well-rounded character. I decided to stop caring about the complicated world and make a lot of money, build a building, and live comfortably while receiving a salary.”
“Ca, character? What does that mean?”
“Anyway, I’m really sorry about yesterday. From now on, I’ll really refrain from drinking. Are you hurt anywhere?”
“Oh, no. Are you hurt anywhere?”
Ha Su-yeong bowed again and turned around, and village chief Park Chung-won just looked at her back with a blank look.
“What on earth were you just saying?”
Yesterday, Ha Su-young hurled absurd verbal abuse and even used force.
I thought I was so drunk I turned into a dog.
The attitude and tone of your apology when you came today was extremely polite.
But the content of the words is not simple.
‘Which one is correct?’
That’s just your nature. You just endure it and live.
When he said that in such a polite manner, the person receiving it was very confused.
“Isn’t that the kind of friend who would cause trouble if you messed with him?”
He might really be crazy.
Because crazy people don’t show that they’re crazy.
Park Chung-won decided to watch quietly for a while.
* * *
Ha Su-yeong met Jeon Seong-ryeol.
It was to continue the discussion about food companies and ramen.
“It is true that Hwangbi mushrooms (short for Golden Umbrella Mushrooms) are expensive for the common people’s table, but I don’t think there is a need to lower the price much for the time being.”
“It’s a given that Hwangbi Mushroom Ramen will be pushed hard in the market. If everyone in the city could put Hwangbi mushrooms in their ramen and eat it, how would Hwangbi Mushroom Ramen ever find a place?”
“I think one or two shiitake mushrooms per pack of ramen would be appropriate.”
“Even if you only put in two, the price of the mushrooms alone is 10,000 won.”
Of course, I am talking about the price when purchased on the market.
In Ha Su-young’s case, even if she only receives 100 won for the cost of mushrooms she puts in ramen, she still has a margin.
“But if you put mushrooms in like that, the volume will be too large. Even if you dry them and put them in, there will still be a certain amount of volume.”
No matter how much you dry it to reduce the volume, if you put in two mushrooms that are each 15cm in length and circumference, the volume will inevitably increase.
“Isn’t it even better? It’s bigger than other ramen noodles. Your eyes will naturally go there.”
“Is that so?”
“While you’re at it, let’s grind some oyster mushrooms and add them to the soup. That will give the soup a deeper flavor.”
“Wow, this ramen would really be loaded with yellow oyster mushrooms. It would sell really well, wouldn’t it?”
“If we promote it well, we will be able to reclaim the top spot in the ramen market without any problems.”
“Wouldn’t word of mouth alone be enough?”
Ha Su-young shook her head.
“Of course word of mouth is a big deal. But what kind of world do we live in these days? If you can be sure of quality, you can increase awareness more quickly depending on how you promote it.”
“Well, that’s true.”
“If you add 1 to 1, it’s obvious that you’ll get 10, so there’s no need to leave it as is without adding 1. You have to expect word of mouth, actively promote it, and encourage word of mouth as well.”
The general direction has been decided.
Until the ramen market is dominated by Hwangbi Mushroom Ramen, the price of Golden Umbrella Mushroom will remain high for the time being.
Even if Hwangbi Mushroom Ramen lowers its mushroom prices after dominating the market, it will maintain a level that other ramen companies will not dare to compete on cost.
“The soup dish market is also huge. After dominating the ramen market, let’s attack the soup dish market as well.”
“Very good. I have a feeling that if we just keep going like this, things will go smoothly.”
“The problem is that we are completely new to the food industry. We have no business foundation whatsoever.”
“……That’s true.”
“Sir, how much money can you raise? I have about 6.5 billion.”
“I think I can somehow raise 10 billion.”
“Wow. Our former boss was really rich in cash.”
This refers to the sum of your own money, your family’s money, your friends’ money, and money that can be drawn from financial institutions.
“It’s not all my money. I told you, ‘I can arrange it,’ and less than half of it is purely my money.”
“The fact that we can mobilize over 5 billion dollars in external funds is amazing in itself.”
Ha Soo-young asked with a meaningful smile.
“My money is 6.5 billion won, and the CEO’s money is 10 billion won. That’s a total capital of 16.5 billion won. If you were to establish a company, how much of the equity would you like to have? Oh, and the CEO should take the lead in management. I’ll be busy focusing on mushroom cultivation.”
It’s out again.
The question is, how do you want to have a ownership relationship?
Although he had thought long and hard about the same question before, Jeon Seong-ryeol gathered his thoughts once again.
You have to answer well here.
The Hwangbi Mushroom Ramen depends entirely on the Golden Umbrella Mushroom, and the mushroom belongs solely to Ha Su-yeong.
“The initial stake is 51 for you and 49 for me.”
“Yes, and?”
“For every 1 billion won in accumulated net profit, increase your stake by 1%. 2 billion won, 2%. 3 billion won, 3%. For example, if the net profit reaches 10 billion won at once next year, increase it by 10% right away.”
“If the accumulated net profit reaches 49 billion won, the CEO’s share becomes 0?”
“I will unconditionally protect my 10% stake. I don’t want anything more than that.”
“How about adjusting it to 10% from the beginning so that it’s not too much of a hassle? I think we’ll reach 49 billion in accumulated net profit in no time.”
“I’m also paying 10 billion won, and I’m using other people’s money. Shouldn’t there be a safety device at that level?”
“Okay, let’s do that.”
Only then did Jeon Seong-ryeol feel relieved.
Looking at Ha Soo-young’s expression, it seems that he passed his test without a hitch.
‘A twenty year old young man passes the exam and is happy… … .’
A bittersweet yet pleasant smile takes hold in my heart.
Ha Soo-young shrugged.
“But sir, you’re not really going to start from scratch, are you?”
“I can’t believe that. I have something in mind.”
“As expected from our former boss. I will continue to trust you with the sale of mushrooms, no, agricultural products.”
Is there anything else to prepare besides pine mushrooms and golden umbrella mushrooms?
Could it be a mushroom?
Jeon Seong-ryeol continued speaking with such doubts.
“I’ve been thinking about acquiring another food company.”
“Is there a company worth acquiring for 16.5 billion?”
“We were going to start a new company with that money. It’s much faster to buy a company with existing infrastructure than to start from scratch. It saves time and avoids the initial confusion.”
“To do that, we’ll have to find a company that we can make 100% of our shares in. And the owner has to be determined to liquidate the company.”
“I have a few companies in mind. Or, I could buy the ramen division of a large food company.”
“Why would a major food company sell its ramen division separately?”
“It’s not like all big food companies sell ramen well. It’s because of that damn Yun Ramen.”
Solar heart.
A subsidiary of Seohae Foods, an affiliate of Seohae Group, and a domestically recognized top food company.
It was originally the ramen division of Seohae Foods, but as sales overwhelmingly surpassed those of other departments, it was separated into a completely separate corporation.
During the separation process, other processed food business divisions were added in addition to ramen, making it a subsidiary with higher sales and net profit than its parent company, Seohae Foods.
In fact, Seohae Food and Yangsim are separate legal entities, but it is okay to think of them as the same company.
Could we compare Seohae Foods to the sales department and Taeyangsim to the production department?
“Even the Big Three (BIG3) aren’t having much fun with their ramen business.”
“If it’s the Big Three, it’s JM Foods. No matter how poor the business division is, do you think they’ll try to sell it separately?”
“We can aim for 5th or 6th place. If that doesn’t work out, we can buy up a small food company in its entirety.”
Jeon Seong-ryeol, who had been brimming with confidence, suddenly showed a look of lack of confidence.
“Wangbi Mushroom Ramen wouldn’t lose to Yun Ramen, right?”
“You’re right. You can crush it overwhelmingly. There are quite a few people who boil and eat Yun Ramen with Golden Silk Umbrella Mushrooms.”
Ha Soo-young shrugged.
“As long as we don’t use any lethal tricks, we will definitely win.”
“But I think he’s going to do something fatal.”
“Actually, I think so too.”
“Why are you so calm even though you know?”
“Knowing doesn’t make a difference. So it’s not like we won’t fight, right?”
“That’s right. It’s not like we won’t fight.”
“That’s why PR is important. Even if they make a big deal out of fake news that the noodles are fried in industrial beef tallow (beef fat), we have to make consumers absolutely support them by asking, “Why would you do that to ramen noodles that are full of expensive mushrooms?”
“I don’t think anyone would suspect me of doing something so stupid with ramen filled with golden umbrella mushrooms.”
“If everyone knew how to think and act rationally, there would be no political conflict in this society.”
“You’re right.”
Now that the food company and the ramen story had reached a rough agreement, it was time to move on to other stories.
“Is there anything special about Seohae Foods?”
“Oh, I just told you that I was thinking about it. I was worried that if I sold it to someone else overnight, you’d end up making enemies.”
“okay.”
Ha Soo-young was able to figure out why Seohae Foods had not contacted her yet.
What they don’t know is that 4.8 tons of pine mushrooms, which have not even been produced yet, were sold to Makemiya Investment.
‘I would like to see Vice Minister Lee Won-jae crying just once.’
At first, Ha Soo-young suspected that either Seohae Foods or Jeon Seong-ryeol were lying.
When Jeon Seong-ryeol sold the entire company to Makemiya, he even gave up his original rightful share, completely erasing any doubts about him.
* * *
Park Ki-su, who had leaked inside information about the pine mushroom trade to Seohae Foods, was in a very difficult situation.
-Kisuya, why hasn’t President Ha Su-yeong contacted you yet? You didn’t tell President Jeon Seong-yeol the truth, did you?
“Oh, Wonjae. That’s… I think President Ha hasn’t completely lost trust in our president yet. So that’s…”
Park Ki-soo is in a dilemma.