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 strange talk, but it seems to make sensethe invisible things you said Assets? That¡¯s indeed what it is. I admit that it is indeed of great value, but how do you estimate it?¡±
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?"
"It is the inflow and outflow of gold and silver we hold in our hands under the current situation. 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" , which is almost called cash flow. Now, the subscription silver received from each issue, the royalties paid, 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 too much, just discount it for 20 years, and 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 can still live happily as long as the cash flow is sufficient. .¡±
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 currently not making money, but if you really want to make money, it is not difficult. We can use expected income to measure it. Calculate the value of the notes. For example, arrange a page of special articles in each issue. Sects and monks who need to publish information and announcements can post it on it. We charge fifty taels for one piece of such information, and twenty taels 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."
"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 flying talismans. If a 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."
"It's like"
Zhao Ran said "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 Zongsheng Hall 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 said with a smile: "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 is actually interested in whether "Junshan Notes" It doesn¡¯t matter if it can generate revenue, what you care about is actually the role of this journal. In this case, we can split the equity and operating 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 an after-the-fact review, and each company has One spot on the review committee.¡±
Ninth girl was a little dizzy from being surrounded by Zhao Ran, so she thought about it carefully.After a long time, she agreed on the operation method of separating equity and management rights, but although she was confused, she still grasped the essence, anything Zhao Ran was unwilling to come up with must be good!
"I agree with the division of power 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 have no objection, anything is fine."
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 Zong Sheng Hall to 500,000 shares and determined the share ratio.
Zongshenguan has 500,000 shares, Longhushan and Gezaoshan each have 150,000 shares, 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 silver 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 Ninth is still dissatisfied. She has a keen intuition that the major shareholders who account for more than half of the shares are not good shareholders - except herself. She asked Zhao Ran to reduce the share capital of the Zongsheng Hall to not 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 gives 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 of your own!¡±
The negotiations were temporarily suspended, and Zhao Ran needed time to weigh things up. After weighing and weighing, 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 out, and could not imagine being on the opposite side of the other party. situation.
After figuring this out, I had to find Qing Yi again and tell her the situation. Qing Yi shook his head: "I have said before, our Yinxian Party has no interest in this and does not want any shares. As for me, I can just write something and publish it when I have time. 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.
So, the final agreement was formed. In the agreement, the operating rights of "Junshan Notes" were clearly stipulated, mainly in two terms. First, each of the remaining five companies will send an editor to join the editorial department. Second, a content review committee will be established, with one quota for each company. The contents of the notes are reviewed afterwards.
Both Jiuniang and Rongniang sent the sample agreement back to Benshan, 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 negotiations, Zhao Ran certainly could not act arbitrarily. If these two families had objections to the agreement, they would have to conduct supplementary consultations at that time.
The two of them had not left Longhu Mountain not long ago and had not left Jiangxi yet. After receiving the agreement template, they immediately returned to Longhu Mountain and sent the templates back to each other.
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