The Strongest Business Tycoon
18 The First Shop

Young Mast

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"Sister Yanni, it's been hard on you to marry me!”

Gu Mingxuan did not reject Hu Yanni's kindness.

He indeed needed capital to do business now. He had already used up 12,000 of the 30,000 that Hu Yanni had given him previously.

Gu Mingxuan only had 20,000 yuan on him right now. If he rented a better shop, he would only be able to pay a few months 'rent and deposit.

These days, Gu Mingxuan continued to sell peanut candy in the morning and went to look for a shop in the afternoon.

Due to various considerations, Gu Mingxuan decided to look for the first shop on the Nine Dragons Peninsula.

However, the Sham Shui Po district where he was located in was obviously not suitable. This was because it was a famous slum in Xiangjiang. There was enough traffic, but the average wage did not exceed 1,000 yuan. It was estimated that not many people would be willing to eat peanut candies that cost 15 yuan per catty.

Hence, Gu Mingxuan had his eyes set on the Nine Dragons Peninsula's district.

Jiulong District was located in Jiulong Peninsula, which was a prosperous commercial activity center in Xiangjiang City. There were several shopping malls, more than ten hotels, and hundreds of restaurants in Jiulong District. The daily traffic was needless to say.

More importantly, the Kai Tak Airport, which was one of the busiest international airport in the world, was located here. Thinking about the endless stream of tourists who came to Xiangjiang every day, they would naturally bring back some local specialties for their relatives and friends. This was the next step that Gu Mingxuan wanted to do--!

Gu Mingxuan planned to develop the Gu's Peanut Candy into a specialty of Xiangjiang City in the future, so that tourists would buy some of them as gifts.

Once this was successful, the economic benefits would definitely be huge.

.............

This was a 200-square-meter shop located near the Kai Tak Airport in the Jiu Long District. It was only 1967, but the rent here was as high as 10,000 Hong Kong dollars a month.

Not only did Gu Mingxuan not mind, but he also paid a year's rent of 100,000 yuan in one go.

Following that, Gu Mingxuan got someone to fix up the kitchen, renovate the shop, and hire two employees.

After all this, Gu Mingxuan had spent about 150,000 dollars and was left with 140,000 Hong Kong dollars.

In the first month of operation, Gu Mingxuan's store's total income was 44530 yuan. After deducting the rent of 10000 yuan, the salary of the two shop assistants of 3000 yuan, the cost of materials of 21000 yuan, and the cost of water and electricity of 900 yuan, the profit was 9630 yuan. It was only slightly more than the small cart, which was far from what Gu Mingxuan had imagined.

How could that be?

Gu Mingxuan pondered.

"Xuan, it doesn't matter if you lose a little in the first month. You should take it one step at a time,"

Hu Yanni comforted Gu Mingxuan when she saw the worry on his face.

Hu Yanni rarely took on shows now. In her free time, other than helping out in the shop, she went to night school to study financial management.

"Sister Yanni, it's not a loss, but the profit for the first month is less than 10,000 yuan, only 9630 yuan.”

Gu Mingxuan explained the reason for his depression.

"9630? It was already very good! My monthly salary is only 4000. "

Besides, our shop has just started, and not many people know about it. It's normal for our business to be poor,"

Hu Yanni continued to comfort him.

"Xuan, the peanut candy you made is so delicious. I believe business will get better sooner or later

."”

Gu Mingxuan seemed to have figured out the crux of the problem from Hu Yanni's words.

"I said your peanut candy is delicious,"

Hu Yanni repeated. She thought Gu Mingxuan wanted to hear her praise.

"Not this one, the previous one?”

Gu Mingxuan continued asking.

"The last sentence?"

Hu Yanni thought for a moment and said,"Our shop has just started, and not many people know about it. It's normal for our business to be poor

."

Realization dawned on Gu Mingxuan. He slammed the table and stood up.

The term 'advertisement' had not yet become popular in Xiangjiang City. Many people did not know what advertisement was, so much so that he had forgotten about it.

No matter how delicious his peanut candy was, it was only famous in Sham Shui Po District. Even in the current Jiu Long District, most people probably did not know that there was such a peanut candy shop. Moreover, there were very few people in the 18 districts in Hong Kong who knew about his 'Gu's' peanut candy.

Gu Mingxuan did not have the ability to open a shop in every district.

Therefore, he could only use one method: advertising!

"Xuan, what's wrong?"

Hu Yanni asked with concern.

"Sister Yanni, how much does it cost to advertise on TDV?”

Gu Mingxuan asked.

“TVB?Isn't the channel not open yet?"

Hu Yanni had obviously heard of TVP before. Her boss, Shao Yifu, the head of the Shao Brothers, had been preparing for this event these days, but it had not officially opened yet.

"TVP hasn't started yet?"

Gu Mingxuan thought for a moment. In his previous life, TVP seemed to have only been established this year.

As for when exactly, he was not sure.

However, this seemed to be a once-in-a-lifetime opportunity for him!

At this thought, Gu Mingxuan immediately pleaded,""Sister Yanni, can you do me a favor?”

“?”

Hu Yanni looked at Gu Mingxuan in confusion.

Gu Mingxuan then made a request that Hu Yanni found difficult.

"Help me make an appointment with Mr. Shao Yifu!”

.......

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