Chapter 328: Tax Calculation and Valuation
"Within the company, based on the current number of positions, a total of 108 people are needed. There are three general managers and deputy general managers, with a total monthly salary of 7,000 US dollars; there are five directors, each with a salary of 1,400, which is exactly 7,000..."
Counting his fingers, Carter calculated the accounts. Carter quickly wrote down the monthly salary expenditures on the scratch paper in front of him:
"96,000 per month, plus double salary at the end of the year, the annual labor expenses are 1,248,000!"
"The bonus payout for store evaluation activities is 211,000 a year! Plus some other various marketing activities, it should be no problem to calculate 300,000, right?"
On the other side, Anna, who also quickly calculated the cost of the activity, raised her head and looked at Carter.
Do you need 90,000 for marketing activities? Fifty stores, the average cost per store is 1,400 US dollars a year, which doesn’t seem to be much...
"No problem, $1,400 a year for a family is not much!"
"Then this is 300,000 yuan. After counting the marketing costs such as advertising, evaluation activities, and rent, it will cost at least 500,000 yuan a year. Plus the fees of the external audit team, industry consulting fees, and legal consultant fees,
Let’s add another 200,000! This makes a total of 700,000!”
Anna nodded:
"How much is it now?"
"About 2.61 million! Research and development costs are huge. If we invest 100,000 in this first, it should be no problem. 2.71 million!"
"That's right, there are also equipment, supplies, especially the depreciation fees and maintenance fees for our cold storage, etc... Carter, can you buy some cars for the company later? At least the senior management must have cars to enhance the company's image.
At the same time, these valuable items can be deducted from a lot of taxes!"
Even if equipment maintenance, depreciation and other expenses are calculated to 2 million, all added together, the company's annual operating costs are only about 5 million. If calculated based on the annual revenue of 13.2 million, the final corporate income still exceeds
8 million mark.
There is still a lot of tax to be paid! Besides, with ordinary office equipment and three large cold storages, you can’t increase the maintenance fee to such an amount no matter how much you increase it, right?
As for the logistics costs paid to Dongfeng Express and the costs of purchasing raw materials from food companies, Carter has not included them for the time being. Because these costs are almost equal to the profits from selling these semi-finished raw materials to stores.
It's a good hedge.
During the expansion period of a new brand, franchisees must still be provided with the discounts and benefits...
Since there are no other places to play, Anna naturally turns her attention to another kind of valuable equipment!
"Car allocation? Hmm... How many cars are there if we only provide cars to senior executives? Including five directors, there are only eight cars. How much tax can be saved on the depreciation and maintenance of eight luxury cars?"
Carter understands the operational logic of allocating special cars and luxury cars to the management. However, this kind of artificially dividing the hierarchy instinctively disgusted the little leek and little guy in his previous life.
Why do other migrant workers have to work so hard, working from dawn to dusk and squeezing buses... If they want to buy a mobility scooter, they have to grit their teeth and save money for a long time! But these so-called executives can easily buy a car with their own income, but they still...
They want their boss to provide them with cars...
If we say that their role and contribution are really great! Then Carter won't feel bad if he gives them better treatment. But except for Jinas, Carter really doesn't think that other people's contributions are so great that he needs to consider their food, clothing, housing and transportation.
the point.
In particular, Carter had some doubts about whether Anna was using her power for personal gain... After all...
"A lot! Suppose the contract price of a luxury car is 150,000 US dollars, but the actual purchase price is 120,000 US dollars. The depreciation is still based on the value of 150,000 US dollars. In ten years, the annual depreciation cost is 15,000 US dollars for one car and eight cars.
That’s 120,000! Then maintenance and upkeep, you can charge more for luxury cars.
Well, maintenance is naturally more expensive! There is no problem in reporting the maintenance cost of a car at 10,000 US dollars a year. In fact, it may only cost 3,000 US dollars. If you go back and forth in the middle, the tax payable of 10,000 US dollars will be reduced, and you will directly save 4,600 US dollars in taxes.
, the cost is 3,000, and you can save 1,600!”
Anna, who didn't realize that Carter was disgusted with the act of allocating cars to senior executives, followed the questions Carter raised on the surface and calculated the economic accounts:
"If you add all these together, 8 cars, purchase expenditure of 960,000 US dollars, ten-year maintenance, operating expenditure of 240,000 US dollars, a total cost of 1.2 million. But the tax saving is 1.2 million plus 800,000, two million!
This can save 920,000 in taxes... No, no, why is this still a loss?"
"Hahaha, okay, okay, don't forget it! Let's leave these things to the accountants later! They are the professionals and know what items can be expanded and what cannot. We two laymen, let's start with
Let's do this..."
Seeing Anna's confused expression, Carter couldn't help but smile.
Okay, okay!
If providing a car to an executive would result in greater economic benefits than not, then Carter really doesn't know if he can stick to his original intention and become the person he once hated...
"No, no, no, wait, there's something wrong! I remember when I was talking to Rosalind, I confirmed that these valuable tools are very tax-saving... I'll do the math again!"
"You can do the math yourself if you like. I'll call my friends on Wall Street to ask about financing!"
After accompanying Anna to calculate useless accounts for a while, Carter had had enough rest. Seeing Anna still struggling with the pile of numbers, Carter could only let her go...
When he came to his workstation next door, Carter dialed Julian's phone number. Regarding the financing matter, Carter was somewhat unsure:
That's a big investment bank on Wall Street! Goldman Sachs! It's said to be the most vicious big capital force in the world!
Afraid.jpg...
"Huh? Are you kidding me? A company with a monthly revenue of 1.1 million, a net profit of more than 600,000, and almost no debt... With such fundamentals, you told me that you are worried about financing?"
Julian, who was far away in New York, heard the detailed revenue data reported by Carter on the phone. After asking about the balance sheet and liabilities, he almost blurted out the words "I f... Buddha is compassionate" in his mind.
"Even if you don't look at the current revenue, you have to know that fast food chain companies like this are companies with high initial investment and low marginal costs. That is, after investing a lot of money to build a good supply system for the first time, production and sales
Once the model is formed, the operating costs in the later period are very low! It is almost impossible for fast food brands that can usually achieve this kind of revenue scale not to be in debt at this stage!"
"If you don't borrow money to build supply chain channels, processing centers, etc., then the cost of its products will not be suppressed. If the cost cannot be reduced, revenue, including gross profit margin, will not increase! If you do not borrow money to build the supply chain, it is easy to form
It’s a vicious cycle, or it won’t reach scale at all…”
"But you...you have all these, what are you afraid of? Regardless of whether it is Goldman Sachs or Morgan, with your current situation, you can confidently and boldly ask them for a valuation! Believe me, with the current net asset value,
It’s no problem if you open it 20 times!”
"Because you have already passed the most difficult step from 0 to 1 in any business! Moreover, you have passed it very steadily... Now with their financing, it can only help you to achieve scale faster.
, but no, it’s not like it can’t be played!”
"The Beauty of the Sun and the Moon"
"You are not a start-up, nor do you only have a small store with nothing in hand! What you have in hand is a complete business model that is even running very well! At this time, when they come in, they are here...
.Forget it, my tiger will invest 1 million for you, I really don’t have more. I don’t care what valuation you negotiate with Goldman Sachs, anyway, it is 1 million US dollars, I will give it to you! How many stocks can you buy, my tiger
How much do you want!"
"Do you understand this attitude? If you really don't understand, you can give Mr. Lynch another call..."
Chapter completed!