I am the Entertainment Tycoon
Chapter 591: January’s Monthly Report: BlueCloud’s Growth and Haruto’s FearUmbrella Corporation Office, Elffire City.
1:51 PM, Thursday Afternoon, February 4th.
Theo had just parked his car before entering the building. As soon as he entered, an employee guided him into the conference room where Sam was waiting for him.
Earlier that same morning, Theo called Sam to schedule some meetings in the afternoon.
"Theo! What's up?" Sam greeted him with a smile when he entered the room.
"Sam! Everyone's ready for the meeting?" Theo replied as he took a seat at the table.
"They have been ready for a few days already, we were just waiting for you." Sam laughed.
"Well, it was only this morning that I managed to gather the funds to start the projects." Theo said as he shook his head.
Sam nodded in understanding as she knew why he took a few days to get ready.
"Where's Haruto and Sayuri?" Theo asked as he noticed their absence."They said they would rather get in when they are called by us." Sam said as she shook her head.
"If it is like that, let's not waste time then. We'll start with Haruto and the BlueCloud Company." Theo said after thinking for a while.
"Call Haruto in." Sam promptly said to her assistant who was seated by the side.
Shortly after, Haruto entered the conference room with a serious face.
"Good afternoon, boss!" Haruto greeted Theo and Sam with a formal tone of voice as soon as The entered the room.
Haruto was a very formal person, and Theo and Sam had already given up on trying to make him let go of his formal attitude.
The screen behind Haruto soon lit up as he presented his report as a slide show.
"This is the monthly report of January. First I would like to start..." Haruto started his presentation by exposing every detail of the BlueCloud Coffee Shop operation during January.
The costs of employees' remuneration, ingredients, electric bills, transportation, tax, rent, and many other expenses.
In his report, Haruto specified every detail.
Theo and Sam listened to his report with rapt attention.
"...about monthly billing. During January, we observed a slight increase in profits." Haruto finally started the profit part of his report.
"We observed a profit of exactly 1.97 million dollars. This number means we observed an increase of 10% when compared with the profit of the previous month. We were able to maintain the same pace of growth that we observed in December. Also, we were able..." Haruto continued his presentation with his usual professionalism.
A while later, Haruto finally finished his report, he looked at Theo and Sam waiting for their input.
"First of all, I have to congratulate you, Haruto, on maintaining the company growth pace." Theo started with a wide smile.
He was extremely satisfied with Haruto's work managing his coffee shop business. "Yeah, I agree with Theo. You did a great job, Haruto." Sam chimed in with a smile.
"Thank you, boss!" Haruto promptly replied as he tried to hold off his excitement.
He was extremely happy that his bosses liked his work.
"What about the expansion of the coffee shop to other cities? How's the project going?" Theo asked suddenly.
"I was under the care of the Director, I followed her instructions and my team and I were able to advance a lot in the project." Haruto replied as he looked at Sam.
Theo looked at Sam with a smile when he heard that. The Director that he referred to was obviously Sam.
"It is my job to help you. Plus, I only ordered my team to help Haruto with everything he needed." Sam said with a nonchalant voice.
As the company boss, Sam didn't have to do everything alone. That's why she hired a big team for the Umbrella Corporation. Her team would be responsible for helping her manage the companies that the corporation was controlling.
"Yes, the Director's team helped my team a lot. With their help, we were able to scout the targeted cities to find the best spots to open the shops and the availabilities of such spots." Haruto reported, "With their help, we also contacted several transportation companies, to inquire about the costs of food transportation to the targeted cities. We also managed to find a relatively new factory that we can use as our Central Kitchen/Factory to supply the 100 stores we plan to open. Also, we scouted..." Haruto reported what they did during the whole month of January.
Theo and Sam listened to his meticulous preparations, and both of them were extremely satisfied.
"In this report, we managed to arrive at a final investment number that we need to put all these plans into practice."Haruto said as he gave Theo and Sam two copies of the report. Haruto nervously looked at their expressions as they read the investment projection report. The amount of money he was asking to put into practice the expansion was staggering high in his opinion. But even after trying several ways, he still wasn't able to lower the number.
"19,7 million dollars?" Theo said to himself when he read the number.
Theo and Sam immediately looked at each other when they saw the amount of money Haruto was asking to invest to expand the coffee shop.
Haruto felt his heart stopping when he saw their action.
'Did they think it was too much? Oh, no! I'm gonna lose my job! Damn it, I knew I should have lowered the number even more! I should...' Thousands of bad thoughts went over Haruto's head.
But contrary to what Haruto thought, Theo and Sam actually thought it was an extremely low number!
It was always good to remember that they were planning to open 100 stores in 20 states. They would have to rent, decorate, and prepare each store for a normal operation. Plus, they had to hire a big transportation company to connect the 100 new stores with the Central Factory. Central Factory would have to buy the building, renovate the place, and equip the kitchen to be able to supply so many stores.
There were so many things to pay, that Theo and Sam almost couldn't believe these numbers. So, they went over the report once again as they tried to understand why the number was so
Low.
It was only then that the two of them understood that Haruto had tried every possible way to decrease the investment money. He was able to find upcoming and cheap places where they could open stores. He managed to strike a deal with the transportation company to lower their fares if they maintained a long cooperation. Theo and Sam saw these things and many other things that Haruto did to lower the investment money.
The two of them looked at his nervous face and they understood what was happening. It seemed that Haruto was nervous about asking for too much money.
"Haruto! You did a great job!" Theo said with a smile as he tried to calm the man.
"Yeah, this number is much slower than we expected. Great job!" Sam complimented him.
When Hatuto heard that, it seemed like a weight was lifted from his body. He heaved a sigh of relief before smiling happily.
"Later, Sam will speak with you about the expansion about when and how it will happen."
Theo said with a smile.
Theo couldn't say he could spend his money with the coffee shop at the moment as he had other important things to invest in before expanding the coffee shop. "Yeah, you can go back to work without any worries. I'll contact you." Sam smiled.
"Thank you, boss!" Haruto said with a slight bow before leaving the conference room. Just like that, the BlueCloud Coffee Shop meeting went down with a nice ending for everyone.
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