novel for you Chapter 2044: Cash flow is running out!
Chapter 2044: Cash flow is running out!
Lu Fan, as the boss, was not shy about it, so what was there for Zhou Huan, as an employee, to hide? He just said it out loud:
"According to what Boss Zhu said, Fu Man Tang's operations have already encountered difficulties.
He had just finished speaking when Lu Qiuyi followed up with the conversation:
"Yes, judging from the documents alone, there is not much cash left in the operating accounts, and there is a risk of a funding chain being cut off at any time."
Zhou Huan nodded affirmatively:
"As for what the cash was used for, Boss Zhu should know clearly, it's just based on my prediction."
“If Fu Man Tang fails to settle its accounts before the end of the year, it will most likely be in deep trouble, or go bankrupt.
Lu Qiuyi also asked Lu Fan:
"As for the funding issue, Manager Zhou and I are not professionals after all. If Mr. Lu wants to know how big the funding gap is, he can arrange for the 147th Finance Department to follow up now.
Zhou Huan and Lu Qiuyi's words had already made Zhu Dafu and the eldest son of the Zhu family who accompanied him look very unhappy.
Unexpectedly, the other party knew what went wrong with their Fu Man Tang business at a glance.
They had no place to hide, and ended up being in a bad position. Zhu Dafu thought that Uncle Lu was his old friend, and he couldn't bear to argue with a junior, so he spoke out first.
It turned out that Zhu Dafu made some money in his early years and spent a lot of money on entertainment.
He now has three ex-wives and is currently living with his fourth young wife.
If his first wife gave birth to children for him, he may not have to pay alimony, but he must raise his son.
My current wife is young and has had many affairs. She only settled down after giving birth to a child.
But as time went by, Zhu Dafu grew older and his health was not so good.
He thought about passing the family business to the next generation, and after much deliberation, he chose three sons and divided several branches among them for them to run.
Zhu Dafu had a good idea. Whoever could run the store well would get a higher share of the inheritance.
But who would have thought that the three of them were incompetent? Not only were they on guard against each other, they were also afraid that if there were too many people, they would get less, so they even planned to frame each other!
By the time Zhu Dafu found out, it was too late, and several of his children were almost put in jail and forced to eat the government's food.
Before the children realized their mistake and turned back to the right path, Zhu Dafu became so angry that he fell ill. His new wife, seeing that he was old and his business was not doing well, ran away with the new fitness coach she had just met.
Zhu Dafu was so angry that he fell ill again.
By the time he regained consciousness from the hospital, his business was in a state of disarray, and it was beyond repair:
"Mr. Lu is also a businessman. He should know that doing these small businesses is all about the favors of the neighbors. If you ruin your reputation, you can't blame the neighbors for not being kind to you."
There are fewer and fewer neighbors willing to patronize the stores, so these stores will end up in trouble.
Zhu Dafu then thought about selling the store. He would keep part of the remaining money for his retirement and divide the rest among his children.
After listening to Zhu Dafu's "inside story", Lu Fan thought about it and first asked Lu Qiuyi:
"Let's not talk about finance for now. How big is your cash flow gap?
When asked questions that were not her strong point, Lu Qiuyi remained calm:
"The approximate figure should be around 300 to 400 million. The loss is too huge. The valuation of Fu Man Tang cannot reach this figure at all."
In Lu Qiuyu's opinion, Fu Mantang's deficit was so huge that there was no need to take over.
They can divide the property and settle the accounts themselves first.
Once the loans and borrowings are paid off, it will still be in time for them to make the acquisition.
Although doing so would be unfair and somewhat cruel.
But Lu Qiuyi eats the emperor's food and worries for the emperor. It makes no sense for her to take a million-dollar annual salary and not consider her master's affairs.
When Zhu Dafu heard that even if he sold all the stores, he would not be able to repay the money that was taken away from Fu Man Tang, he could no longer bear it.
He sat back down on the chair and murmured, "How could this happen? Six months ago, our Fu Man Tang was doing well."
Zhu Dafu's eldest son, who was following behind him, was also ashamed.
After all, none of the children were innocent in the fact that they had worked together to drain their father's wealth.
Zhu Dafu now sees that his eldest son has lost his previous ambition. His original plans of going abroad and buying a big house and car have all become a dream.
He raised his hand, but did not hit his son in the face. He just asked Lu Fan in great sorrow:
“The three floors above the main store are also my property and can be sold to Mr. Lu or Fanyue Real Estate Company.
Zhu Dafu wanted to ask if he could fill this part of the funding gap by selling his house.
But Lu Fan smiled and shook his head:
"Boss Zhu, I understand your anxiety and worry, but the deficit and the like, this kind of thing actually has nothing to do with me and Fanyue Real Estate.
"Because if we want to acquire it, we will also acquire Fu Man Tang. As for the debts between you and the dealers and manufacturers, they belong to you alone and have nothing to do with me."