**Chapter 26: Registering a Company**
Feng Xingtai slammed his hand on the table!
This son of his couldn't be left unchecked any longer. Not only had he skipped classes multiple times, but now he was even thinking about starting a company! A private company, was it that easy to start?
"Father, rest assured. We are doing business with the Russians. The country is now encouraging trade with them. With our prime location, if we don't take advantage of it, in a few years, the merchants from the south will seize the opportunity, and we'll lose a lot of money."
"Money, money, money, all you think about is making money. You're not going to take the high school entrance exam or the college entrance exam? We sent you to school to have a bright future, not to make money!"
"I didn't say I would start the company. You would start it, and the company would be yours!" Feng Yu said with a serious expression.
He wanted to start a company, but he needed an ID card, and at sixteen, without connections, it was impossible to get one. Without an ID card, how could he register a company?
"Yes, a trading company. There are many such companies in the south now, and the newspapers report on them every day. The great leader also encourages everyone to start their own businesses and contribute to the national economy!" When dealing with parents of his parents' age, it was important to speak in high-sounding terms.
"Is that so?" Feng Xingtai looked at his wife with doubt, but Zhang Muhua could only shake her head; she didn't know either.
"Father, I've already told you to stop playing mahjong at night and watch the news more often. It's all about national affairs. And one more thing, this time I went to Bingcheng not to play but to do business. I made eighty thousand yuan on this trip!"
"Eighty thousand yuan. It took two days. And I've made an agreement with the other party. In a while, he will come to buy a batch of daily necessities. If we want to make money, we need to seize this opportunity! Don't you want to live in a big house? Don't you want to bring Grandpa and Grandma over? As long as you agree to start the company, we can afford a large house in Bingcheng, not just on the farm!"
Feng Yu didn't dare to mention that in the future, many rich people lived in houses of several hundred to thousands of square meters. If he said that, his parents wouldn't believe him. Brainwashing them would be a long and arduous task.
"Father, if you don't agree, how can I focus on my studies? The high school entrance exam is coming up soon. Please don't waste time, okay?" Feng Yu pulled out his big move.
"Then, what about the land at home?" Feng Xingtai couldn't help but ask.
Feng Yu rolled his eyes: "Hire someone. We won't farm anymore. We'll lease the land to others. Whoever wants to farm can farm, and we'll enjoy the city life in the city."
Feng Xingtai turned to look at his wife: "What do you think?"
"I don't know. You decide." Zhang Muhua had been shocked several times by the conversation between her husband and son. They had started by talking about making thousands of yuan and now were talking about making tens of thousands of yuan and starting a company. Her mind couldn't keep up.
But she trusted her son. An educated person, with broad horizons, couldn't be wrong! Besides, would her son lie to her?
Seeing that her eyes revealed a longing for city life, Feng Xingtai gritted his teeth and nodded: "Alright, I'll start the company. But if you don't get into the city high school, I'll shut down the company immediately!"
Having convinced his parents, Feng Yu returned to school with peace of mind. The high school entrance exam was coming up soon, and he had been reviewing intensively. Although he had twenty years of foresight, he had only done investments and had never done any other business.
He wanted to enter college to study management and meet some classmates, from whom he could find talent to build a solid foundation for his dream economic empire.
While Feng Yu was studying hard, Feng Xingtai took his ID card and went to Bingcheng. Li Shiqiang had already received the call and was waiting at the train station. He warmly greeted Feng Xingtai and drove him to the business administration bureau with a borrowed car.
In those days, registering a company was very simple, unlike the strict reviews in the future, and the process was very fast.
Li Shiqiang had already figured out the procedures. He took Feng Xingtai through the process, signing papers and photocopying the ID card. All the necessary procedures were completed in one day. They could get all the documents and officially open the company the next day.
"Uncle, come and see, this is the office of our Taihua Company."
The so-called office was actually a warehouse rented near the train freight station. The warehouse had been converted into two floors. The upper floor, according to Feng Yu's design, was divided into several small rooms for offices, dormitories, and other purposes, while the rest of the space was left empty.
The first batch of employees for the company were the young men Li Shiqiang had hired to collect treasury bonds. They no longer needed to go door-to-door to collect treasury bonds. Since the pilot cities for treasury bonds had opened, the price of treasury bonds had been steadily rising due to the efforts of some people. For example, the price of a hundred-yuan treasury bond in Shenyang had risen to 101.3 yuan.
Just by trading treasury bonds between the two cities, they could earn thousands of yuan each time. Why bother with the small change from running errands?
Feng Yu said these people were useful and should take turns going with Li Shiqiang to Shenyang to sell treasury bonds, while the others would clean the warehouse.
According to Feng Yu, the warehouse would soon be filled with goods, and each person's income would double.
The company was originally supposed to be a 50-50 partnership between Feng Yu and Li Shiqiang. But Li Shiqiang knew that the company's success depended entirely on Feng Yu, and he was just running errands. Moreover, Feng Yu had invested a lot of capital, almost all of it, and he was reluctant to give up the treasury bond business.
In the end, the company's registered capital was 200,000 yuan, with Feng Xingtai holding 90%, or 180,000 yuan, and Li Shiqiang holding 10%, or 20,000 yuan. Feng Xingtai was the general manager, Feng Yu and Li Shiqiang were deputy managers, and the others were salespeople.
If it weren't for the additional 20,000 rubles from Kirill, the 200,000 yuan would have been a significant burden, making it difficult to continue the treasury bond business.
But now, after deducting the 200,000 yuan for the company, the remaining 100,000 yuan could still be used to trade treasury bonds, bringing in thousands of yuan every two days.
Feng Yu and Li Shiqiang agreed that the initial capital would not be calculated too precisely. Since Li Shiqiang had been busy with the treasury bond business, even if he tried to refuse, the income would be split 50-50. After Feng Yu finished the high school entrance exam, he would also come to help.
Li Shiqiang didn't want so much. His family had contributed less money, and all the ideas had come from Feng Yu. Every time they made money from Kirill, Feng Yu would share it with him.
If Li Shiqiang hadn't insisted, Feng Yu would have given him even more. Later, Feng Yu thought it didn't matter. In the future, when they made big money, he wouldn't forget his future brother-in-law's family. They would all be family.
When Feng Xingtai heard that the company had 180,000 yuan of their family's investment, he almost fell to the ground if he hadn't leaned against the wall.
His son's business was getting bigger and bigger!~~~ Everyone, guess what Feng Yu's first big pot of gold was earned through?