Miss Ninth looked at Zhao Ran with admiration: "I don't know how your head grew. It makes sense. At first glance, it sounds like a strange theory, but it seems to make sense...the invisible things you said...
Assets? That’s indeed the case. I admit that they are indeed of great value, but how do you estimate them?”
Zhao Randao: "There are many methods for valuing intangible assets, such as the cost method, such as the market method, such as the income method. "Junshan Notes" is a media and has special characteristics, so the first two are not applicable. For the time being, it is based on calculating income.
Evaluate the value of "Junshan Notes". This method is based on income or cash flow..."
“What is cash flow?”
"Under the current situation, the inflow and outflow of gold and silver we hold. It's complicated and you won't understand it. Let's explain it with a simple figure. In the 26th year of Jiajing, the amount of money passed by the editorial department of "Junshan Notes"
, it’s almost called cash flow. Now the subscription fees received in each issue, the royalties issued, and the cost of materials add up to two thousand silver. With more than thirty issues a year, the cash flow is seventy thousand taels. I also
I won’t tell you any more calculations, but after just twenty years, the cash flow will be over 1.4 million taels!”
"I understand, but the cash flow you mentioned cannot be converted into income."
"Miss Jiu, profits are easy to make, but cash is hard to come by! Do you know what cash is king? Shops with profits are still closing down all over the place, and those that are losing money every year, as long as the cash flow is sufficient, you can still live happily.
."
Miss Ninth frowned in thought, shook her head and said: "It's a very strange idea, very difficult to understand, but you are right. But what does it mean to calculate twenty years?"
Zhao Ran laughed: "Actually, it doesn't matter. Calculate it by twenty years. I just want to tell you how much gold and silver will flow in "Junshan Notes" in the next twenty years. You can calculate it by ten years.
That is at least 700,000 taels, and I can guarantee that the annual flow of gold and silver will increase significantly in the future."
After thinking for a while, he added: "If it's hard to understand, we can use income to measure it. I admit that "Junshan Notes" is not making money at present, but if you really want to make money, it is not difficult. We can use expected income to measure it.
Calculate the value of notes, for example, arrange a page of special articles in each issue, and any sects and monks who need to publish information and announcements can publish it. We charge fifty taels for one piece of such information, and arrange twenty for one page.
Article, this is one thousand taels, the income in one year is more than 30,000 taels, and in twenty years it is 700,000 taels."
"For another example, I am urging our monks to improve the function of the flying talisman and save the cost of each flying talisman. Once the improvement is successful, how much money can be saved every year?"
"For example, now we charge a production fee for the flying talisman. If the charging system is implemented in the future, for example, each volume is sold for one tael of silver, the annual income will be more than 100,000 taels."
"For example..."
Zhao Ran kept talking about "for example", and various prospects of "Junshan Notes" appeared in front of Jiuniang and Rongniang.
After Zhao Ran finished the "example", he took a sip of water, leaned back, and looked at the two people in front of him: "The expected value of "Junshan Notes" is immeasurable. Our Zongshenguan will take out this wealth.
I want to share it with you all. It’s estimated at one million taels. Isn’t it expensive?”
Rong Niang pursed her lips and smiled: "It's really not expensive."
Miss Jiu glared at Rong Niang and sighed: "Well, since Ge Zaoshan agrees, I have nothing to say. How much money do you plan to charge us?"
Zhao Ran said: "It's very simple. We will subscribe for the money based on the converted shares. I plan to divide Junshan's shares into one million shares, one or two per share. The Zongsheng Hall will keep 600,000 shares for itself..."
Miss Ninth interrupted: "There are too few of them."
Zhao Ran said: "I am here to save you money. Miss Ninth is worried that holding too few shares will affect Longhushan's say in the affairs of "Junshan Notes", right? I guess that Miss Ninth actually has no interest in "Junshan Notes".
It doesn’t matter if it can generate income, what you care about is actually the role of this journal. In this case, we can split the equity and management rights and operate each separately."
Miss Ninth was a little confused: "What do you mean?"
Zhao Randao: "We can sign an agreement. The amount of equity is only related to the annual income dividends and does not determine the business rights of "Junshan Notes". How to manage and operate "Junshan Notes" will be separately agreed in the agreement. Specifically, "Junshan Notes"
In the editorial department of "Junshan Notes", what are the number of editors recommended by each company? For example, setting up a content review committee to review the content of each issue of notes and put forward opinions and suggestions. Of course, this is a post-review, and each company has
One review committee member."
Miss Jiu was a little confused by Zhao Ran. She thought about it carefully for a long time and agreed to the operation method of separating equity and management rights. However, although she was confused by Zhao Ran, she still grasped the essence, and Zhao Ran was unwilling to come up with it.
Something must be good!
"I agree with the division of rights you said, but you don't have to save money for my family, Longhu Mountain. I want more equity, Rong Niang, don't you think so?"
Rong Niang said: "I don't have any objection, I can do anything."
Zhao Ran and Miss Jiu struggled with this issue for a long time, and finally Zhao Ran made a concession. He reduced the equity of the Zongsheng Hall to 500,000 shares and determined the share ratio.
Zongshenguan has 500,000 shares, Longhushan and Gezaoshan have 150,000 shares each, and Yuhuangge and Helin Pavilion have 100,000 shares each.
For this reason, Longhu Mountain and Gezao Mountain each had to hand over 150,000 taels of silver to the Zongsheng Hall. Zhao Ran was not short of money now. He asked the two families to use talismans, magic tools, spiritual materials and other cultivation resources to offset the amount.
Filling the still somewhat empty treasury of the Zongsheng Hall.
But Miss Jiu was still dissatisfied. She had a keen intuition that the major shareholders who accounted for more than half were not good shareholders-except for herself. She asked Zhao Ran to reduce the share capital of the Zongsheng Hall to less than half.
.Zhao Ran was very helpless and stared at Miss Ninth, wondering why this girl is so difficult to deal with?
Miss Jiu said: "I don't care who your Zongshenguan transfers these shares to, but it must be reduced. Either you sell the shares to us, or you reintroduce a new family, otherwise everything discussed before will not count. We, Longhushan
Publish a journal yourself!”
The negotiations were temporarily suspended, and Zhao Ran needed time to weigh it. After weighing it, he found that the progress of the matter to this point was no longer a problem with "Junshan Notes". With his increasingly in-depth understanding of the various sects of Taoism, he could not push Longhu Mountain to the next level.
Going out, I can't imagine being on the opposite side of the other person.
After figuring this out, he had to go to Qing Yi again and told her the situation. Qing Yi shook his head: "I have said before, our Yinxian Party is not interested in this and does not want any shares. As for me, I will write when I have time.
Just publish something, I don't have the time or energy to spend on "Junshan Notes"."
Zhao Ran said: "How about I give you 50,000 shares of the Yinxian Sect for free? You don't need to take a penny from me. I beg you, sister, to hold the shares on my behalf."
Qing Yi sighed and reluctantly agreed.
As a result, the final agreement was formed. In the agreement, the operating rights of "Junshan Notes" were clearly stipulated, mainly in two terms. One is that each of the remaining five companies will send an editor to join the editorial department, and the other is to establish a content review
A committee, one for each family, will review the contents of the notes afterwards.
Both Jiuniang and Rongniang sent the sample agreement back to the mountain, and Zhao Ran also sent the sample agreement to Dongfang Jing and Lu Xixing. Although Yuhuang Pavilion and Helin Pavilion did not participate in the negotiation, Zhao Ran certainly cannot act arbitrarily. If these two companies are against each other,
There are opinions on the agreement, and supplementary consultations will be conducted at that time.
The two men left Longhu Mountain not long ago and had not yet left Jiangxi. After receiving the agreement template, they immediately returned to Longhu Mountain and sent the templates back to each other.