Chapter 761 – Flour Fixing
Truth.
It is bound to catch fire quickly among self-employed people.
“No, really?”
“Lee Chan-wook said it himself.”
“How much have you been harming?”
I had doubts.
There are quite a few bakers who have received training overseas.
Is the price of flour in Korea too expensive?
Originally, I had nothing to say when I said that.
〈95% of the cost of bread is labor and electricity costs. Even if the price of the material, which is only 5%, increases by 2 times, 4 times, or even 10 times, the difference is not as big as you think. 〉
No.
It’s the same.
It’s just that companies were selling at high prices.
“It’s good to know now. I’m also planning to change my supplier to the food market.”
An official statement came from the mouth of the CEO of a large company.
It is natural for the wave to grow.
Self-employed people.
They are rushing to change suppliers.
It is never an easy decision.
“Aren’t you going to raise the price later?”
“If I was going to post it, I would have said that.”
“At least it’s better than the bastards of thieves.”
“”That’s right! That’s right!””
Self-employed people must continue to do business in one place.
If you change suppliers frequently, you will be caught.
There are also safety issues.
If supply is late or quality changes, business will be disrupted.
“First, my nose is worth three pounds. If I want to survive this recession, I need to cut it even by a penny.”
Food market.
There is no shortage of trust.
The CEO’s words are persuasive enough.
Above all, it is cheap.
The owners of regular cafés and bakeries make simple decisions.
“”…””
There are bound to be some bosses who are not like that.
SCP Foundation franchise owners are in a mourning house atmosphere.
I heard the news.
I also knew the cause.
It’s just impossible to solve.
“Other bakery owners have all changed.”
“I heard it’s not even half price…”
“Does it make sense to take advantage of franchise owners?”
That’s what the contract says.
From start to finish, you must use products supplied by the head office.
─Monthly sales of 62.89 million Paris bakery owners’s income ㄷㄷ
—————————–±
-Material cost 37.73 million
-Rent 4 million
-Labor costs: 10.58 million
– Water supply 1.2 million
-Delivery fee 1.5 million
-Insurance/Internet 250,000
-Commission 780,000
-Tax 2 million
±——————————————–
Net profit was 4.86 million
Considering the initial investment + remodeling price, there is almost nothing left
└(… Frog cone)
└With that level of sales, I’m sure I’ll be very busy
└Why does it take up more than half of the material cost?
└Why are you doing this? (I really don’t know)
As a result.
What franchise owners take is a pittance.
It is not a lie to say that it is worse than a part-time job.
“We can’t just let things go on like this. We, the franchise owners, have to come together and protest to the head office!”
Still, I couldn’t resist.
Why?
This is because you may suffer disadvantages such as cut off supply.
‘Just try to abuse your power!’
Crying and eating mustard.
Even if you start your own business, there is no guarantee that you will be better off than you are now.
In many ways, it is more convenient to belong to a franchise.
It was like that until now.
“I agree.”
“It’s life or death.”
“If you don’t meet my demands… I will take down the sign. I plan to open my own bakery.”
Things have changed.
A new supply source called the food market was created.
‘How much would it be if the material cost were reduced by half?’
It’s much cheaper.
The quality is also good.
Even the public reaction is good.
It’s being uploaded a lot on YouTube.
Comparison videos of food market bread and SCP foundation bread.
“There are quite a few store owners who have already changed their signboards. If you listen to what they say… They say that sales are actually increasing. Customers also say they like it more.”
Push your back.
It helps me make decisions.
No, it was close to the limit from the beginning.
It’s like a boiling pressure cooker.
We have endured the tyranny of franchises.
There is no need to endure anymore.
It is erupting.
By withdrawing from a franchise.
‘…’
Such a situation.
It’s the worst for the SCP Foundation.
The reason why a franchise can be maintained.
“Franchise owners, led by some strong-minded store owners, are raising their voices. They are asking for the unit price of food ingredients to be lowered.”
This is because there are affiliated stores.
The head office can sell food ingredients from Norisk.
Monopoly provided the best environment.
It was shaken by its roots.
“It is absolutely impossible.”
“Even now, we are still running at a deficit…”
“Why are these bastards so stiff?”
This is not a simple story of declining sales.
The economy of scale itself collapses.
Of course we do not tolerate it.
Even if it means using hard-line measures, dissatisfaction can be silenced.
“Make an example of a few people, and you will realize who is above and who is below.”
“That’s right! That will work.”
“If that happens, I really feel like I’m going to have to change the sign.”
“Sometimes you have to give me some carrots too.”
Food market.
It is becoming a new supplier.
It’s a lie if you say it’s not a threat.
‘This bastard is even trying to supply food.’
The atmosphere of the meeting deserves to be serious.
Chairman Jang Moon-geun also cannot hide his nervousness.
“The strategy of agitating public opinion is also failing. The media is also watching the self-employed…”
It is a monopoly that has been maintained for decades.
Even though it’s a food market, there’s nothing wrong with it.
No.
I am sincere.
Everything might be taken away by Lee Chan-wook.
“Then what should I do?”
“There is a compromise. It involves accepting some of the demands of franchise owners. If we prevent franchise owners from withdrawing and lead to a long-term war, that side will also feel quite a burden.”
We must respond seriously.
We maintain our No. 1 position in the baking industry.
That is correct.
That’s normal.
That’s how it has to work in a capitalist system.
“Do it now! We can’t just sit still.”
“Chairman, if that happens…”
“Huh?”
“We need to reduce the profits being siphoned off by subsidiaries under the chairman’s name.”
“That won’t work!”
A monopoly that has been maintained for decades also creates side effects.
The profit structure of the SCP Foundation.
‘Whoa, my profits almost went down.’
I lost my soundness.
The business has been run on the premise of cheating franchise owners.
There are a lot of unnecessary distributors.
It is not something that can be eliminated overnight.
“It is not easy in reality. The subsidiaries under the chairman’s name… Or rather, the distributors will lose their jobs. Their finances will deteriorate rapidly.”
The karma was piled high in the sky.
* * *
Dominating the market.
Of course, it is a problem that cannot be easy even if it is easy.
‘No matter how cheap the good product is sold.’
It is a monopoly that has been built up over decades.
There is no way it will collapse easily.
“The SCP Foundation will not be able to compete with us on price, unless they have to disrupt their existing revenue structure.”
Huge body.
Food ingredients can be produced cheaply through economies of scale.
If you compete on price, you are at a disadvantage.
It was supposed to be that way.
‘I can’t do it.’
Monopoly is never a good thing.
It rots and crumbles from the inside.
“Raising a toll tax is also risky.”
“You will realize it painfully.”
What if the operating profit margin is too high?
We hear criticism that large corporations are profiteering.
Korean Newspaper− 「”I asked why the price of bread is so expensive”… “SCP collects toll on flour, eggs, and jam”
Fact News− “Half of restaurant franchises receive ‘toll tax’ by claiming they are related parties”
Establish a ghost company.
Add a distribution step.
Legally in the process.
‘It must have been nice to hit the ground running.’
This is what Korean franchises do like eating.
It is called ‘toll tax’.
It doesn’t matter as long as the monopoly is maintained.
But the moment it falls apart.
“It is not easy to get rid of a company that has been created. Even the flow of funds is involved, so it is definitely not something that will take a month or two.”
It’s just as Baek Hwa-seon said.
A shell company is reduced to a burden that only eats money.
‘You probably don’t want to get rid of it.’
Share structure.
It is in the name of the chairman and his family.
This is to divert corporate money into personal money.
What if we eliminate ghost companies?
One’s property disappears.
There is an easier way than that.
“Even if we do it in a quick time… There will be no competitiveness left to sell it at the original price.”
“It’s a company that can do nothing but rip off franchise owners.”
“It really is.”
Everything is passed on to the franchise owners.
Just as it has been until now.
‘It’s going exactly as expected.’
Price competition.
It couldn’t have been done without any plan.
I had expectations from the beginning.
What steps will things take?
Progress is progressing steadily.
“The departure of franchise owners will accelerate. And at some point, the SCP Foundation will collapse. If we acquire a flour mill company at that time, we can solidify our share of the Korean flour market.”
Increase bakery sales.
Destroy the SCP Foundation.
Even the share of the flour market.
‘And the entire food ingredients industry in Korea.’
It comes in a chain like dominoes.
It will be the starting point.
“Actually, I’ve been planning for it for a long time… But I feel proud to think that we can finally normalize the industry.”
“It’s thanks to Mr. Hwaseon for running the food market well.”
“It was too much for me just to maintain.”
Of course, it is not the first button.
Because there is a huge backbone called the food market.
‘A war like this can happen.’
Competition for market share.
This is only possible if there is a subsidiary/parent company with a clear consumer market.
No matter how many loopholes there were, I couldn’t pierce them.
The story is that it has been like that until now.
“Now that the food market’s sales are on track, there are many businesses we can take over. Based on that, we will create a new industrial structure in Korea.”
You can do it.
There are plenty of places to attack both price-wise and financially.
What was said at the shareholders’ meeting is not an exaggeration.
We will occupy it first from Korea.
Daily News− 「’Paris bakery part-timer’ also participates… “You can’t eat bloody bread” SCP boycott spreads”
That speed catches fire.
