Female Novel
Chapter 2449
“Here’s the thing. Cynthion Group intends to establish a branch here. Once the branch is established,we will be responsible for production and sales, while the Morrisons will be responsible for supplyingherbs and marketing,” Leon said, before proceeding to explain his plan.
Since he did not know the western region well, it would be challenging to dive into the market therewithin a short period.
The Morrisons were the most powerful family in the area with great influence and once he partneredwith them, Morrisons would take care of the supply and marketing, facilitating the establishment of thebranch.
Furthermore, Cynthion Group’s alchemical pills had great market value and could easily attractunwanted attention. Since Leon was based in the southern region, he would not have much time tomanage the branch in the western region and could only partner with the Morrisons to seek theirprotection, preventing others from trying to take over Cynthion Group. That way, the risk would beminimized.
“Sure. But what about profit?” Caleb asked.
“Well, how about this, let’s make it twenty-eighty. Cynthion Group will take eighty percent of the totalprofit and the Morrisons can take twenty. Furthermore, we do not intend on selling our shares, so oncethe branch is established, the Morrisons will have twenty percent of dividend rights, but no share,” Leonsaid thoughtfully.
Back in the southern region, Angus once proposed that he wanted to be a shareholder for CynthionGroup, but Leon turned him down. Since the Morrisons were merely collaborating with Cynthion Group,there was no way that Leon would let them have any share of the company.novelbin
An idea flashed in his mind when he recalled the system of dividend rights Iris created for EleganteGroup. Hence, he made the decision to let the Morrisons have dividend rights to twenty percent ofCynthion Group’s earnings in the western region.
Considering how profitable Cynthion Group’s business was, so long as they set up a branch in thewestern region, twenty percent of the total profit would sum up to a tremendous amount.
“Twenty-eighty? The Morrisons are doing everything to work with you and yet all you’re giving us istwenty percent of the total profit? What a joke! If it’s up to me, we need to make it thirty-seventy!”Georgie said before Caleb had the chance to speak.
“Thirty-seventy?” Leon frowned thoughtfully.
the alchemical pills sold by Cynthion Group worked like magic and the supply forthem always fell short.So long as the Morrisons helped kick start the business in the western region, they wouldn’t need tomake much effort in marketing. Still, the Morrisons were responsible for supplying herbs and wereneeded to handle security issues, so it seemed acceptable to offer them a more favorable term.
Just as he was about to agree to Georgie’s request, Georgie’s following words shook him.
“That’s right! The Morrisons will get seventy percent of the profit and your branch here in the westernregion will get thirty! Also, we want seventy percent of the branch’s share as well!” Georgie saidproudly. i