NovelOnline
Chapter 2449
"Here's the thing. Cynthion Group intends to establish a branch here. Once the branch is established, we will be
responsible for production and sales, while the Morrisons will be responsible for supplying herbs and marketing,"
Leon said, before proceeding to explain his plan.
Since he did not know the western region well, it would be challenging to dive into the market there within a short
period.
The Morrisons were the most powerful family in the area with great influence and once he partnered with them,
Morrisons would take care of the supply and marketing, facilitating the establishment of the branch.
Follow on NovᴇlEnglish.nᴇtFurthermore, Cynthion Group's alchemical pills had great market value and could easily attract unwanted attention.
Since Leon was based in the southern region, he would not have much time to manage the branch in the western
region and could only partner with the Morrisons to seek their protection, preventing others from trying to take
over Cynthion Group. That way, the risk would be minimized.
"Sure. But what about profit?" Caleb asked.
"Well, how about this, let's make it twenty-eighty. Cynthion Group will take eighty percent of the total profit and the
Morrisons can take twenty. Furthermore, we do not intend on selling our shares, so once the branch is established,
the Morrisons will have twenty percent of dividend rights, but no share," Leon said thoughtfully.
Back in the southern region, Angus once proposed that he wanted to be a shareholder for Cynthion Group, but
Leon turned him down. Since the Morrisons were merely collaborating with Cynthion Group, there was no way that
Leon would let them have any share of the company.
An idea flashed in his mind when he recalled the system of dividend rights Iris created for Elegante Group. Hence,
he made the decision to let the Morrisons have dividend rights to twenty percent of Cynthion Group's earnings in
the western region.
Considering how profitable Cynthion Group's business was, so long as they set up a branch in the western region,
twenty percent of the total profit would sum up to a tremendous amount.
"Twenty-eighty? The Morrisons are doing everything to work with you and yet all you're giving us is twenty percent
of the total profit? What a joke! If it's up to me, we need to make it thirty-seventy!" Georgie said before Caleb had
the chance to speak.
"Thirty-seventy?" Leon frowned thoughtfully.
Follow on Novᴇl-Onlinᴇ.cᴏmthe alchemical pills sold by Cynthion Group worked like magic and the supply forthem always fell short. So long as
the Morrisons helped kick start the business in the western region, they wouldn't need to make much effort in
marketing. Still, the Morrisons were responsible for supplying herbs and were needed to handle security issues, so it
seemed acceptable to offer them a more favorable
term.
Just as he was about to agree to Georgie's request, Georgie’s following words shook him.
"That's right! The Morrisons will get seventy percent of the profit and your branch here in the western region will
get thirty! Also, we want seventy percent of the branch's share as well!" Georgie said proudly. i
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