Royal Gold Medal County Magistrate

A strong sense of happiness welled up in Emperor Jing's heart.

Just relying on a restaurant business that he looked down upon, the Crown Prince had actually grown so rapidly.

He was getting to the heart of the matter and deeply understood people's hearts.

Moreover, that understanding and sympathy for the common people remained in his heart.

These were already the basic qualities of a benevolent ruler, and he was now a completely qualified heir apparent!

However...

Emperor Jing subconsciously glanced at Fang Zheng and asked, "Zheng-yi, what do you think of what the Crown Prince said?"

Fang Zheng smiled and said, "This subject believes that the Crown Prince's experience is enough to benefit future generations, especially the method of the imperial court regularly convening gatherings of factory owners, which is simply wonderful."

"However, this subject believes that a point should be added. In the future, if this method is truly implemented, the imperial court should also recognize a concept: that employers and employees share honor and disgrace, and that workers are both producers and consumers."

"If this consensus can be reached and deeply ingrained, then management can be considered a healthy development."

Emperor Jing clapped his hands in praise and said, "Good! Excellent, these are words of statecraft. To have such a virtuous son-in-law is truly fortunate for me..."

Although the Crown Prince is clever, doesn't it all come down to having such a good son-in-law?

Whose credit it is, he is not yet senile.

Zheng-yi has really never forgotten his roots and has put so much effort into the Crown Prince.

Fang Zheng pursed his lips and said shyly, "This subject's achievements today are all thanks to His Majesty's guidance. No matter how good a steed is, it still needs..."

Listening to the two of them singing in harmony.

Li Yuanzhao stood aside foolishly, his expression frozen.

What's going on?

Have I become an outsider?

"Ahem." Li Yuanzhao coughed lightly, attracting their attention, "Father, don't you want to know how much money this restaurant of mine can earn in a year?"

As expected, Emperor Jing immediately shifted his attention and asked with great interest, "How much money can it earn in a year?"

Li Yuanzhao smiled wryly, "Not much, not much. Currently, it fluctuates around one hundred and twenty taels a day. We will add new products and new staff later, so I expect we should be able to make forty to fifty thousand taels a year."

"Gross profit... This subject thinks that twenty thousand taels a year is the minimum!"

Emperor Jing and Fang Zheng both gasped.

Emperor Jing was shocked by the amazing profit. If he opened ten stores, wouldn't the annual gross profit be at least two hundred thousand taels!

Fang Zheng was even more shocked. He had seen the report sent by Li Yuanzhao, and it was not that exaggerated at all.

Immediately, Fang Zheng asked, "Your Highness, the restaurant doesn't make that much money, does it! How did you suppress the costs? The report you gave me before... could it be inaccurate?"

Li Yuanzhao nodded and smiled mysteriously, "It is indeed a bit inaccurate. That was all summarized before. Now, this prince has found a new way to reduce costs."

After speaking, he turned to look at Emperor Jing, "Father, didn't you eat a hamburger before? Didn't you feel that the chicken was fresh, tender, and juicy?"

Emperor Jing nodded, "It was indeed fresh, tender, and juicy, but what does that have to do with cost?"

"It's the water. I injected water into the chicken."

"....."

Damn it! A pure profiteer! He acted so considerate and loving towards the people just now, but in private, he's selling water-injected meat!?

Fang Zheng cursed inwardly.

Li Yuanzhao said without any sense of shame, "Injecting water into the chicken, coating it with flour, and then frying it can save a lot of costs, and the taste is still good. The people who eat it all praise it for being oily enough!"

"In addition to water injection, there are also the scraps that are sold off every day. Those chicken giblets, chicken feathers, and chicken bones also bring back a lot of cost."

"The most wonderful thing is that waste oil... I sell it for 20% more than new oil! Oil that has been used to fry chicken is fragrant, and people outside are scrambling to buy it!"

"So, overall, our cost control and profitability are not worse than ordinary large restaurants. If chicken farms can rise up on a large scale in the future, then the cost will continue to decrease."

Fang Zheng was completely silenced and didn't know what to say.

Before, he had given the Crown Prince some bad ideas, but he rejected them.

It turns out that he has come up with even better ones!

Not only did he do something immoral, but he also thought he did a great job.

Clearly, he has reached a rather high level!

However, Emperor Jing obviously didn't think this was immoral. Instead, his eyes were full of admiration.

Well done!

"In that case, opening branches is very promising. If you don't have enough silver on hand, I will allocate some silver to you from the imperial treasury."

This is not a small amount of money. Although it doesn't have the thrill of getting rich from stocks.

But it is definitely much more stable than stocks!

Steady flow is the key. Now that the Crown Prince is doing so well, the father naturally has to help him.

By the way, I'll buy some shares... which can also be considered as enriching the imperial treasury.

Emperor Jing secretly calculated his son's plans.

"No need! This subject has money!"

"......"

Li Yuanzhao, seeing that he had received approval, continued excitedly, "This subject hasn't finished speaking yet. If we only focus on how to make a profit by selling some dishes, then we are being short-sighted."

"My restaurant is coveted by many competitors in the capital who want to imitate it. This subject thinks that if this continues, there will inevitably be strong competitors in the future, thereby weakening my profits."

"Then the best way is to turn enemies into friends! Ordinary people want to learn my method, but it takes a lot of effort, training personnel, organizing cooperation, and the secret recipe for the sauce, etc."

"Right now, there are people who are coveting it. I earn money for one day, and they are jealous for one day. Then, why don't I bring these people together now, sign a contract, and they can open the same restaurant as me, using the 'Ken De Ji' brand just like me."

"And they only need to pay a brand fee, personnel training fee... and then give me a share of the subsequent income from sales. They can gain the most popular brand in the capital, as well as restaurant site selection design, personnel training, secret sauce, new dishes, and subsequent event plans..."

"In this way, my restaurant can quickly occupy all the markets and squeeze out competitors in advance! Moreover, I can also receive a large amount of profit from the partners. I have been thinking about this method for a while, and I should give this business method a name..." Li Yuanzhao began to ponder.

"I think it would be better to call it franchise." Fang Zheng said in a muffled voice, his heart already filled with helplessness.

Crown Prince, what are you doing!!

It makes me, a transmigrator, feel no sense of accomplishment at all.

Losing a patent can only be compensated by the naming rights of another patent.....

"Yes! Franchise, this name is wonderful, you deserve it Lao Fang!" Li Yuanzhao's eyes lit up and he clapped his hands.

"Father, what do you think of my plan?"

Emperor Jing nodded with a smile.

Although he was a little depressed that he couldn't buy shares, the Crown Prince was even more outstanding than he imagined. These ever-changing methods were no longer something that he, an old thing, could think of.

Thinking of this, Emperor Jing was already beaming with joy: "Very good, very good! This is a wonderful way that will surely make the restaurant invincible."

"I thought you could only make some small money, but I didn't expect you to gain so much. From today onwards, I will no longer interfere with the restaurant business. You should manage it well and carry it forward as you wish. However, you must not stay outside the palace for too long on weekdays, and you must not do everything yourself. You must learn to select and appoint talented people."

Li Yuanzhao was overjoyed upon hearing this: "This subject obeys the decree!"

......