Chapter 22: Chapter 20 - Difficulties in Securing a Loan (Asking for Recommendations and Collection!)_1 Next month. The shop will start withholding wages. The main reason is to prevent someone from taking the wages and not coming back the next day. From an employee's perspective, such a system is detestable, but as a boss, you have to guard against such behavior. In his previous life, he heard too many examples. Employees would take the money and disappear the next day. There were even numerous absurd stories of people stealing company property and running away directly, leaving the bosses gnashing their teeth with anger. Wouldn't it be better to notify in advance instead of launching a surprise attack? Of course. Excluding those bosses who take dirty money and refuse to settle accounts despite knowing they are at fault. These types of bosses should get a solid lesson. And then there are those who collectively go on strike to demand wage increases. Do these people not consider that while they have it hard, it doesn't mean that the boss' money comes easily? Many people assume that if they are short of money, the boss should give them more. Especially in the case of the foreign trade company from before. Tang Qing felt it the most. Those relatives always think it's easy for the boss to make money. They can't wait to take advantage of the company, thinking that it's only right for the boss to give them more since the boss is rich. They frequently borrow money from the boss, but these relatives never think about repaying it and take it for granted. They have no idea. How the boss has to act conciliatory when dealing with external relations. Begging and pleading, flirting and flattering, trying in every possible way to curry favor. Dignity. Sometimes. Is but a luxury. Tang Qing had accompanied the boss to a few social engagements and had a firsthand experience of how tough it is for bosses of small and medium businesses. How insecure they are, how lacking in social status, and how misunderstood by society. Especially later when he was dealing with small loans. He interacted with more such people. Tang Qing, as an observer, often felt a surge of bitterness. The effort required to secure orders, to survive, to pay employees full wages - it is far beyond the imagination of outsiders. Yes. Many of these bosses are cunning and cold-hearted. But many more are honest, plain and hardworking businessmen. Bosses of small and micro businesses can hardly secure loans from banks, which prefer to lend to large state-owned enterprises. Even if the latter have been making losses year after year, the bank will still lend to them. This results in the situation where those who need money can't get loans, but those who don't need money are forced to accept. Of course, many of these are political tasks, which Tang Qing can understand. Small and micro businesses. Are often treated like stepchildren. They are not given due importance by the banks. Almost 90 percent of businesses can't get bank loans. Countless potential businesses have been stifled in the bud due to lack of funds. This has led to a situation where bad money drives out good. There's a saying in the future: without the private lenders bleeding for them, at least half of the small and medium businesses would die. This is not an exaggeration and also reflects the prevalence of private lending in the country. In coastal areas. More than 90 percent of businesses have resorted to private borrowing. If not for the support and interbank borrowing among individuals and companies, there would be a massive business failure in the coastal areas. Actually. Tang Qing can also understand the banks' practices. After all, the process for a loan of one hundred million and a loan of one million is the same. If a bank has to choose between giving a loan of one hundred million to a big client, and giving loans totaling one hundred million to a hundred small clients, it's obvious what the choice would be. A bank won't bother doing the latter. Unless. The scale of the bank's loan approval staff is increased dozens of times. Such a request. Is unlikely to get approval at a time when the trend is to streamline staffing. For this situation, Tang Qing has no solution. After all, the big shots have so many experts to advise them, and even they haven't found a fundamental solution to the problem. The only method the big shots have taken. Is to open up private finance. All kinds of loan companies. Even major internet companies are jumping in to stake their claims. The big shots' strategy is simple. The major banks maintain their positions and continue to serve the country's significant economic entities. Small and micro businesses are left to private finance, local banks, and credit cooperatives to solve. Otherwise. Imagine the headache of handling the request for a staff increase dozens of times over. As for letting the major banks simplify procedures to improve loan efficiency. Even though it sounds good when said. But to tell you the truth, Tang Qing is not optimistic about it. Anything, especially money-related matters when deregulated, will first benefit not the common man, but the privileged class. In China. Once such a loophole is opened, flies, mosquitoes, tigers, elephants - they'd all come barging in. They'll take your place in line or replace you and seize your quota. You can't even kick them out as they are within the rules. The state spends a lot of effort to reinforce and emphasize certain operational processes over many years. The goal is to reduce the influence of power-players or increase the cost for them, striving to prevent abuse of power. If you suddenly want to scrap all the carefully established processes. Then you'll see some big laughs. Those who end up with the prize will not be those who shouted the loudest. Perhaps, in the end, they could end up laughing so hard they cry, foolishly watching others draw large sums of money from the bank. Thus serving as a stepping stone for others. This is not something unheard of. Forget it. No point in thinking about it. It won't make a difference. Anyway, the government will find a solution. The rise of various financial platforms in later generations made the use of social funds more convenient and flexible, and it is moving in a better direction. There's no need for him to worry about it. Probably, the government already has such a plan in mind. As for now? It has nothing to do with him. If the banking system would give him a bank in the future, he would certainly engage in the loan business for small and micro enterprises. But now, it is too early for that; it would only add unnecessary worries. ... October 31st. Sunday. Today. Is the day to check on the restaurant's progress over the past two weeks - the profit share. For the past few days, Tang Qing was excited, awaiting the arrival of his first share of profits from his first business venture. He was naturally a little excited. That day, Tang Qing did not go to the restaurant early. He went only after eating dinner at home. If he went early, he would either have to help out or just watch, both of which were quite boring. In the morning. He went to Lin Jiaxue's home very early and did homework for a whole day before returning. Nothing happened like touching and kissing. He knew that Lin Jiaxue was too shy for such things. If she gets mad, he will surely have to coax her. How to put it? When one genuinely holds someone dear, it's hard to have blasphemous thoughts. Tang Qing didn't know how others thought, but he believed that touching or flirting was to deepen relationships, but it didn't apply to him and Lin Jiaxue. His relationship with Lin Jiaxue was such, mutual respect, and he liked that. Being alongside the gentle Lin Jiaxue, Tang Qing felt at peace and fulfilled. Wicked thoughts would appear occasionally. But he would never act on them. As far as others are concerned, he might have been 'ruined.' Well, maybe, people are all different, just like Baiwei Restaurant; everyone has their own unique taste. Why should one's love life follow the crowd? ... The cast had been removed. That also meant he would no longer have the privilege of not doing homework. The amount of homework assigned by the teacher this week was particularly heavy. Tang Qing, who doesn't copy homework, had to do it all by himself. Through studying these days, Tang Qing had pretty much caught up with the learning of his past life. No need to mention English. Next time, he's bound to stun everyone. As for biology, it was the simplest, involving mainly rote memorization. He was particularly good at biology in his past life; he almost always scored full marks. After rebirth, coupled with his good memory, learning was exceptionally simple. Chemistry too. It was also about rote memorization. The challenging ones were Chinese, Mathematics, and Physics. Chinese required the most memorization. The sheer volume of ancient poems, text appreciation, and analysis was daunting, and he still hadn't finished memorizing everything yet. Composition was relatively easy; having been a copywriter and strategy planner in both his lives, if he couldn't write an argumentative essay, he'd better be hit by a car. To avoid repeating the torturous homework. He planned to devote himself to intensive study next month. To prepare for the monthly exam in December. His goal was to be top of the whole school so he could assertively skip homework. Repeating things he already knew was a waste of time for him. As for the confidence. Of course, it came from the imminent system upgrade. With the Origin Qi Value rewarded after the system upgrade to develop his brain, the skyrocketing memory and comprehension abilities would make being top of the class challenging.. All he could say was he would try his best. After dinner. Tang Qing rushed to the restaurant. Since it was the weekend. Of course, business was booming, every table occupied. Seeing Tang Qing, the waiters all respectfully greeted him. Tang Qing couldn't put on airs and encouraged them a bit. He walked straight to the cashier. Seeing Zhang Jing busy. Tang Qing didn't disturb her. He went directly to the refrigerator to get a bottle of mineral water to quench his thirst. Maybe it was the sound of closing the fridge door that alerted Zhang Jing, who immediately turned her gaze in his direction. Well, the refrigerator was the restaurant's asset; not everyone could just take its contents without asking. "Boss, you're here. Your hand is finally healed!" Seeing Tang Qing, Zhang Jing exclaimed with joy. "You carry on with your work; get me some melon seeds to snack on," Tang Qing replied with a smile. "Ok." Snacks like melon seeds were served in the upstairs boxes before the dishes. The ground-floor hall did not have these. As a small boss's representative, he naturally enjoyed some privileges. The cashier's counter stocked snacks like melon seeds and peanuts, and the duo could drink the beverages for free. But not too many. The total value could not exceed twenty per day and not more than six hundred per month. Occasionally, when Li Jianguo bought vegetables, he would wholesale some fruit. Zhang Jing felt the benefits of working here were too good, all thanks to the little boss in front of her. Her gaze towards Tang Qing was particularly gentle.