Chapter 202: Expansion

“First of all, the main purpose of the investigation team is to focus on research by recording the contact information, names, and addresses of the Impoverished People in various places. After investigating each location, please compile a summary and send it to me.”

“I will create targeted funding plans based on the information you send back, and then I will dispatch a funding team to support according to those plans.”

Chen Mo spoke slowly.

This plan was a decision he had contemplated for a long time.

After all, poverty has different levels.

Some people may not even have a place to shield them from the wind and rain, while others may only face issues of basic sustenance.

Charity Funds are limited,

In order to help more people in need,

He must devise targeted plans.

For those without shelter, find a way to provide them with a place for protection. For those who can’t afford meals, provide food and financial support.

Addressing the problem of Impoverished People is a long-term issue and cannot be resolved overnight.

It requires a systematic, organized, and planned approach, progressing step by step.

The primary task at hand is to solve the survival issues of the underprivileged. Only after addressing these survival issues can we consider future entertainment and spiritual needs.

“I understand, President Chen.”

Yang Xingguo, upon hearing President Chen’s remarks, also grasped the essence of what President Chen meant.

Their investigation team is only a vanguard.

“Alright, the team has been established. You can depart for investigations whenever you are ready. Currently, with just the five of you, it might be tough, but the number of members will definitely increase gradually.”

“Also, if you encounter any special cases of urgent funding needs, feel free to contact me immediately.”

Chen Mo watched Yang Xingguo and the others leave, realizing that the foundation of the Foundation was now established.

After managing the affairs of the Foundation,

Chen Mo rubbed his head, leaned back in his chair, and immersed his consciousness into the System Panel.

At the beginning of the month,

The income from Tianlong Games had come in.

A total of more than 12 million had been received, and combined with the remaining funds, the System Funds now totaled over 13 million.

Of course, this is just at the beginning of the month; there will also be ongoing revenue from weekly and daily cards.

4 million needs to be reserved for next month’s salaries, procurement, taxes, and other daily expenses.

He directly transferred more than 2.3 million from the Charity Funds to the Foundation’s account.

Therefore, there are currently 6.7 million from the System Funds to spend.

If he invests in Pet Park, he can invest a maximum of 5 million, which can be decided later.

That leaves investment opportunities in new industries and Coffee Shops.

As for new industries, he hasn’t found a suitable one yet, so he won’t consider it for now.

That only leaves the Coffee Shop. Including rent, decoration, and purchasing equipment, it takes about 2 million to start a Coffee Shop.

Employee salaries and operational costs need to be calculated separately.

Thus, with the 6.7 million funds, he can open three losing Coffee Shops.

By the way,

Why is he looking for unprofitable industries?

Isn’t the Coffee Shop already a tested losing business? As long as he has funds available, he can just open branches!

This is simply perfect.

Chen Mo was secretly delighted; this is truly a good idea!

[Reminder to the host: The number of unoperated stores for a chain store like Coffee Shop cannot exceed five.]

Chen Mo:………

Hearing the system’s voice, Chen Mo realized that the loophole he had just thought of was ruthlessly patched.

While there are no restrictions on his expansion, there is a limitation on the number he can open.

According to the system’s rules, if he invests in three Coffee Shops and adds the previously invested one, he would have a total of four unoperated Coffee Shops.

This means he can still open one more branch.

If he wants to open any more branches, he will have to wait until these five Coffee Shops are finished and open.

However, the earliest branch has just started renovations, so it would take until the end of the month to open.

Thus, in this month, he can at most open one more branch.

But the ongoing income from Tianlong is expected to be at least over 10 million this month.

After calculating, subtracting the 5 million for Pet Park and the 2 million budget for the Sports Meeting, he still has about 1 to 2 million left.

It seems he needs to find a losing project!

After all, if he wants to fully convert the 15 million System Funds, he must keep the System Funds in a very low state at all times.

His head was hurting,

What industry should he choose? There are indeed some cash-burning industries, such as scientific research, but with his current tens of millions in funds, he can’t even assemble a research team.

Forget it,

The project can be put off for now.

First, he should arrange the Coffee Shop matters. The sooner he opens branches, the sooner he can continue to expand.

…………..

Nanhe Coffee,

Song Xia was discussing the renovation of the Cat Café with Lin Zhu.

Suddenly, she received a call from President Chen.

“President Chen, is there something you need me to arrange?”

Song Xia answered the call and asked.

“It’s nothing major, it’s just that the reputation of our Nanhe Coffee hasn’t spread much. I think it’s because we have too few branches, so I’ve decided to open three more branches.”

“What? We’re opening more branches?”

Hearing President Chen’s words on the phone, Song Xia couldn’t help but exclaim.

This exclamation immediately drew the attention of others.

Su Dan, hearing Song Xia’s surprise, pondered for a moment before walking over.

Song Xia noticed her voice was a bit loud, but thankfully, there were no customers in the store right now.

On the other side of the call, Chen Mo was also startled by Song Xia’s exclamation.

Is it such a big deal? It’s just opening three more branches; what’s there to be surprised about?

But then he thought,

Isn’t this exactly what he needs? Someone who can’t keep calm in any situation, isn’t this the most reliable type of person to manage a Coffee Shop?

Thinking of this, a smile formed on his lips.

“That’s right, we’re opening three more branches, and the requirements for the branches are the same as before.”

After finishing, he directly hung up the call.

Song Xia looked at the disconnected phone in a daze.

The first branch had just begun renovations, and now they were going to open three more.

More importantly,

Currently, Nanhe Coffee was still operating at a loss.

Does President Chen really not fear losing money with such rapid expansion?

“President Chen wants to open more branches?”

Lin Zhu, sitting opposite, asked quietly.

Su Dan, who had walked over, also looked at Song Xia.

Feeling their gazes, Song Xia slowly nodded.

“Yes.”

“This move seems a bit risky. The first branch is still under renovation, and now we want to open another branch; isn’t that a little hasty?”

Su Dan frowned. She felt that President Chen’s expansion was somewhat impulsive.

Hearing Su Dan’s words, Song Xia quietly reminded her.

“Teacher Su, what President Chen just requested was not to open one, but to open three branches.”