HLnovel Chapter 364 Determining the plan
Chapter 364 Determining the plan
"I agree with the opinions of Deputy County Head Yu and Director Chu."
The food factory is in a very bad situation.
If the company goes bankrupt, the county won't have the money to pay the laid-off workers their compensation.
The food factory has too much debt; it owes its employees nearly 200 million yuan in back wages alone, and it's uncertain who would buy it if it were sold.
In the end, the county had to clean up this mess.
Since the county will have to solve this problem sooner or later, we might as well solve it once and for all.
Therefore, the only remaining option is to implement a shareholding system reform.
Qi Tongwei first stated his opinion.
The shareholding system reform was actually his idea, but Yu Fushan was allowed to put it out at the meeting first.
"As the name suggests, shareholding reform means turning food factories into shareholding companies."
Let the employees and the government become shareholders of the food factory and become its owners.
This means that employees and the government jointly raise funds.
Of course, given the current situation of the food factory, the employees are capable of raising funds.
Therefore, in order for the food factory to better carry out the shareholding reform, the initial plan is to use the back wages owed to employees as funds for employee fundraising.
Based on the current assets of the food factory, employees hold 40% of the shares, and the government holds 60%.
Everyone, please share your opinions!
Qi Tongwei said.
He can't make the decision alone; it has to be discussed thoroughly by everyone.
"County Chief Qi, is the shareholding system reform really feasible?"
What if the food factory still can't be revived after the shareholding reform?
Dong Xiyan said.
She worried that shareholding reform would not save the food factory.
If even shareholding reform can't save the food factory, then the county will have to clean up the mess again.
"It will definitely work. After the shareholding reform, the food factory will belong to the government and the employees."
The success or failure of a food factory directly affects the interests of its employees, and they will no longer be as indifferent as they were in the past.
Regarding the product issue, after the food factory undergoes shareholding reform, it needs to upgrade its equipment, improve its processes, and enhance the appearance and taste of its products.
Cut products that people don't like and develop new ones.
At the same time, we designed attractive new packaging.
In terms of management, it is no longer the case that the county appoints the main leaders, and the main leaders appoint the middle-level leaders.
After the shareholding reform, all factory leaders and cadres of the food factory were selected through open elections.
Capable individuals should serve as leaders and managers in the food factory.
In terms of sales, it is no longer just supplying goods to supply and marketing cooperatives and a few shops.
Salespeople need to promote their products not only in the county seat, but also in the surrounding towns and cities, as well as other counties and districts.
Sales staff are paid a basic wage to maintain their livelihood, and then given a certain percentage of commission.
The more you sell, the higher your commission.
In addition to salespeople promoting the products, we also need to advertise on television and in newspapers, and hang banners in crowded places.
At the same time, promotions should be carried out, such as including coupons in the products.
Once you open the package, you'll find a prize ticket inside. You can then take the ticket to the food factory to redeem a prize.
The prizes on the tickets vary, with the lowest prize being another pack of snacks.
Above, a towel, a flashlight, a washbasin, a pot, a radio, a bicycle, a tape recorder, a television, a motorcycle, and a car.
And it was widely publicized and reported.
Different prizes have different winning rates, and the more expensive the prize, the lower the winning rate.
When someone wins a major prize, it is reported by television stations and newspapers.
The prizes are set in a certain proportion, for example, one free pack for every box, one towel or one flashlight for every 10 boxes, one washbasin for every 50 boxes, and one pot for every 100 boxes...
The cost of the prizes is controlled at 5-10% of the food cost.
In this way, the food factory will be able to turn a profit quickly after the shareholding reform.
And it can quickly capture the market in Chengdu and even the entire southwestern province.
Qi Tongwei said.
With such detailed methods, how could the food factory not be brought back to life?
This was practically a hands-on teaching session.
This method will work for other factories as well.
If the management team is effective, they could potentially capture half or even more of the national market.
"County Chief Qi, you are truly amazing! You have explained exactly how the food factory should be run in the future!"
I agree with this shareholding ratio.
Yu Fushan said.
This wasn't flattery; it was genuine admiration.
No wonder Qi Tongwei became the county magistrate at such a young age; he has real talent and ability.
The way Qi Tongwei described the subsequent operation of the food factory was something that probably few people in the entire Xichun County could have imagined.
Otherwise, businesses in Xichun County wouldn't be in such a state now, either on the verge of bankruptcy or barely surviving, with only a very few managing to maintain normal operations.
In the past, when the food factory was operating normally, its annual output value was only three or four million, and its sales revenue was only a little over three million.
At that time, the food factory's products only covered some towns in Xichun County and the neighboring county.
If the food factory's products could dominate the entire Jincheng market, its output value would increase tenfold, reaching forty to fifty million yuan.
Sales will increase tenfold, reaching 30 to 40 million.
Tax revenue will reach three to four million.
At that time, the food factory will no longer be a burden on Xichun County, but a contributor to its tax revenue.
If the food factory's products occupy the entire southwestern province, its output value will increase dozens of times, reaching several hundred million yuan.
Sales revenue will reach several hundred million, and tax revenue will reach tens of millions.
At that time, Xichun County's finances will not be as strained as they are now.
"Yes, as long as we follow this method, the food factory will definitely be able to quickly recover!"
I also agree with this shareholding ratio!
Zheng Shanhai said.
"Yes, that's like being taught step by step!"
If this method still fails to improve a food factory, it only proves that the management is incompetent!
I agree with this shareholding ratio!
Chu Tianjin said.
"I agree to this shareholding ratio!"
Dong Xiyan said.
"I agree too!"
Zhu Jun, Kang Guoyu, Zhang Keqing, Wu Zhilong, and Duan Ze said.
"I abstain!"
Shen Guoliang said.
If he agreed, he wouldn't be able to explain it to Su Yunong; if he disagreed, he was afraid Qi Tongwei would scold him.
"Alright, I'm not asking you to praise the business methods I've described."
I shared these management methods to give everyone confidence in the shareholding reform of the food factory!
Since everyone agrees, the shareholding reform of the food factory is tentatively set at 40% for the employees and 60% for the government.
The food factory employees have two ways to raise funds: one is to use their back wages as collateral, and the other is to give them a year to subscribe to the product!
On the government side, the State-owned Assets Supervision and Administration Commission (SASAC) represents the county government in providing funding and is responsible for subsequent management and supervision.
The finance bureau should expedite the preparation of a budget.
Qi Tongwei said.
"Ok!"
Everyone nodded.
"In order to better carry out the shareholding reform of the food factory, an enterprise reform working group was established to be responsible for the shareholding reform of the food factory."
The enterprise reform working group has two group leaders, Secretary Liao and myself, one executive deputy group leader, Deputy County Head Yu, and Deputy County Heads Dong, Zheng, and Chu as deputy group leaders.
The group members included heads of county-level departments such as the Planning Commission, Industry Bureau, State-owned Assets Supervision and Administration Commission, Finance Bureau, Audit Bureau, Personnel Bureau, and Public Security Bureau, as well as representatives of food factory employees.
The Enterprise Reform Working Group has set up an Enterprise Reform Working Office, which is staffed with highly skilled personnel.
Enterprise reform work will be carried out in accordance with the instructions of the Enterprise Reform Leading Group.