468: Chapter 468: The employees of Xinghuo Fitness are worried for their boss! The direction of branding in the sports industry!
Chapter 468: Spark Fitness Employees Are Worried on Behalf of Their Boss! The Direction of the Sports Industry Brand!
The next day, when Su Yang woke up, he saw Jiang Yuzhen lying in the crook of his arm, her small hand gently tracing the lines of his muscles.
"Don't play around!" Su Yang warned. "Unless you want to be bedridden for a few days!"
"It was my first time, so I didn't have any experience!" Jiang Yuzhen knew she hadn't been able to satisfy Su Yang last night. "Once I get used to it, I'll be fine."
In fact, she didn't know that even if she were experienced, Su Yang would still be able to leave her utterly exhausted.
Su Yang kissed her forehead. "No need to force yourself!"
Jiang Yuzhen was not only petite, but her constitution was also a bit delicate.
She was the most delicate among all the women Su Yang had been with!
Having been kissed by Su Yang, Jiang Yuzhen smiled radiantly.
Wasn't this exactly the kind of scenario she could only dream of?
But competitive by nature, she still insisted, "I can definitely do it!"
"Then take care of your body and exercise well!"
"Mhm!"
Jiang Yuzhen lay quietly beside Su Yang, not asking what their relationship actually was.
In any case, she didn't regret taking the initiative last night!
That was just her personality; once she made a decision, there was no turning back!
She would worry about the future when it came!
Right now, she just wanted to quietly enjoy this moment of lying next to Su Yang.
"Rest at the villa today, and go back to work tomorrow!"
"That wouldn't be very good, would it?"
"There's nothing wrong with it. Taking a day off is perfectly normal!"
"I still have some things left to handle!"
"Let that kid Chen Tianxing do it!"
"But..."
"Listen to me!"
Su Yang brought the conversation to an end.
"Okay!"
Faced with Su Yang's slightly domineering decision, Jiang Yuzhen still nodded obediently.
She actually quite liked the feeling of being controlled like this!
When Su Yang arrived at work, Yu Chengjun asked him about Jiang Yuzhen.
Su Yang simply said that Jiang Yuzhen had drunk too much the previous night and had taken a day off to rest.
Yu Chengjun didn't think much of it.
Two days later, the general manager of Spark Fitness and Cheng Wenhuo gave a work report to Su Yang.
After Spark Fitness acquired the Weimingda Fitness Chain, it caused a sensation in the domestic fitness industry.
One after another, gyms on the brink of bankruptcy sought to be acquired by Spark Fitness!
Of course, quite a few of these gym owners actually harbored the intention of swindling Spark Fitness one last time, treating Spark Fitness as an easy target.
But Su Yang's subordinates were all elites, and they were certainly no pushovers!
Trying to swindle them would be extremely difficult, especially after the substantial increase in staff in the Mergers and Acquisitions Department!
Furthermore, they had Su Yang backing them up!
After initial investigation and screening by Yi Jiangang and Cheng Wenhuo, they temporarily narrowed down their targets to five relatively large fitness chains in the country.
It wasn't that other individual gyms weren't of high quality; indeed, acquiring gyms one by one might make Spark Fitness's business even better!
The main issue was that Su Yang had too much money lately, and he was struggling to spend it all.
To increase the efficiency of Spark Fitness's expansion, they targeted fitness chains first!
Su Yang took a brief look at the five fitness chains Yi Jiangang had initially shortlisted, and directly pointed out to Yi Jiangang that they should focus on negotiating with the Auckland Fitness Chain in Beijing and the Willance Fitness Chain in Shanghai.
If he weren't in a hurry, he could have let his subordinates take their time with the investigation.
But right now, he really was in quite a rush!
Don't be fooled by the foreign-sounding names of these two gyms; in reality, only Willance had a foreign investment background and had gone through two rounds of financing, though it wasn't that they couldn't negotiate with foreign investors.
The Auckland Fitness Chain was a purely local enterprise; it had simply taken a foreign name!
If they could acquire these two companies, Spark Fitness's operations would expand into Beijing and the Yangtze River Delta!
However, buying these two fitness chains would probably cost over a hundred million yuan!
But if they could bring both under their wing, Spark Fitness would more than double in size once again!
It was highly thrilling!
Su Yang couldn't help but think about Spark Fitness's financial situation.
Last month, Spark Fitness lost around two million yuan.
Aside from staff salaries, this also included various utility bills, gym equipment replacements, app promotions, lease renewals...
The bulk of the losses was still in Guangdong Province and Shenzhen!
He hoped Gao Qiang's side could accelerate the pace of reforms to attract more new customers.
At least to the point where the Guangdong Province branch could break even!
Of course, after acquiring these two companies in Beijing and Shanghai, Spark Fitness's financial situation would definitely continue to deteriorate.
But Su Yang didn't care at all!
It was only Spark Fitness's financial situation deteriorating, not his own!
Even if he invested a billion yuan and didn't make a profit for over a decade, he wouldn't mind.
He wasn't as short-sighted as other domestic capital; he was the legendary—patient capital!
Cheng Wenhuo asked curiously, "Boss, do you know these two companies?"
"Yes!" Su Yang nodded. "My friends in Beijing and Shanghai said that their services are quite good, their fitness coaches are professional, and the purchasing power in both places is strong, making them suitable for the growth of the fitness industry."
"That is indeed the case!" Yi Jiangang smiled and nodded. "I also have high hopes for these two!"
Actually, he had high hopes for all five, which was why he had listed them.
But since the boss felt these two were better, he also found them more appealing.
"Is there anything else?" Seeing Yi Jiangang hesitate, Su Yang couldn't help but ask, "Old Yi, what's on your mind?"
"Boss, I think we could consider establishing our own sports brand!"
"Oh?"
Su Yang looked at the tall and burly Yi Jiangang in surprise.
"I know it might be a bit too early to bring this up now!" Yi Jiangang said, feeling a bit self-conscious. "But I feel that if Spark Fitness continues to develop, we'll have the right conditions to launch a sports brand... We have offline stores, a base of sports enthusiasts, and our app!"
"Mhm!"
Su Yang nodded in agreement.
At the same time, he found Yi Jiangang even more pleasing to the eye.
As expected of his subordinate!
This aggressive expansion stance was very much in his own style!
Those who loved sports and fitness were indeed bold enough!
"Our Spark Fitness has been losing money all along!" Yi Jiangang said sheepishly. "Even if you aren't afraid of losing money, Boss, we still need to look for more business growth points. We think we could consider expanding into fitness products like gym equipment, yoga pants, sportswear, or protein powder and muscle-building supplements..."
"That makes sense!"
"Maybe we could also try our hand at functional drinks!"
"Mhm, mhm!"
Su Yang nodded repeatedly.
The beverage market was indeed highly lucrative, but the competition was just too fierce!
However, when it came to things involving taste, he could indeed do it, and was actually very good at it!
"Of course, this is just my idea, and some are suggestions from the company employees!" Yi Jiangang scratched his head, feeling a bit embarrassed. "I don't actually know much about many of these fields, but Spark Fitness's stores do sell quite a lot of sportswear and protein powder, and we also need to replace a batch of aging gym equipment every year. We should be able to support a couple of small factories."
"Your proposal is indeed good. Spark Fitness can certainly develop in this direction!" Su Yang looked at Yi Jiangang with great appreciation. "Of course, you are indeed a layman in this area. Once I have some free time, I will assign professionals to handle it."
"Alright, Boss!"
Yi Jiangang breathed a sigh of relief; he had been afraid the boss would put him in charge of this!
"Because he didn't really understand it!"
He was just feeling a bit anxious on the boss's behalf after seeing that Spark Fitness was consistently failing to make a profit.
The boss claimed he didn't care about losing money, but the company's employees were all worried for him!
Some of these proposals were suggestions that the employees had brought up to Yi Jiangang during meetings.
The employees all wanted to help the big boss make more money to offset the company's losses!
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