Chapter 1071: Going Abroad
Patrick nodded with a smile, Jane was right, he was already smitten.
But there was still one final doubt in his mind. Now that Jane had spoken, he had dispelled the last hesitation and was ready to go overseas to inspect before making the final decision.
“If I go now, will you be burdened with taking care of both the company and the children? It’s too much for you, isn’t it?” Patrick asked.
Jane shook her head at this.
“This opportunity allows us to expand the company, so both you and I cannot miss out. As for the children and the company, don’t worry.”
“I can’t handle the children alone, we have a nanny, and Harrison can also help me with childcare.”
Jane expressed her thoughts, encouraging Patrick to make this decision.
“Besides, you are only busy during the initial investment phase. Once things settle down, you can come back to visit me and the children anytime.”
This statement from Jane further fueled Patrick’s determination.
After Patrick and Jane made up their minds, the next day, they informed the overseas company and prepared to personally go abroad to inspect and collaborate.
Internally, within the company, everyone was actively working towards this, with all departments being mobilized.
Any investment cannot solely rely on one person charging ahead, there are other people behind the scenes making efforts.
This is like the relationship between a flower and its leaves. The person standing in front is only responsible for signing and final negotiations, which is the visible flower.
The back-up support comes from the various departments of the company, the green leaves.
Each individual in these departments would inform Patrick through their efforts what the current data and results of the calculations were like.
They would also update Patrick on any changes in the investment process. Only when all of this information is clear to be understood can Patrick adjust the details as necessary, ensuring he has references while abroad.
This time, Patrick only brought along his assistant for the trip.
Today, Patrick gathered all the company employees for a final meeting. Tomorrow, he would be flying overseas.
Therefore, everything that needed to be discussed had to be dealt with properly. After the normal meeting, other departments of the company had prepared a farewell banquet.
“Each department, summarize the company’s recent work. Only based on your summaries can I determine if our current activities deviate from my expectations.”
In the order of a regular meeting, each department reported to Patrick on the summary of the company’s recent work and future work plans.
Originally, Jane could have taken care of this task, but Patrick felt sorry for her.
Jane had to spend several days summarizing and planning all the tasks of the company.
By handling these matters before leaving, Jane would not have to worry about them anymore.
“Our sales department is currently performing well. Many artists have already received offers. Although some artists still have empty schedules, we are confident in meeting our basic goals.”
The sales manager reported on the current business status of the artists. While these details might not be too familiar to him, he had an overall knowledge of the percentage data, making it easy for Patrick to retain this information.
“Moving forward, we plan to continue expanding on the current basis. Some artists, after this period of publicity and development, we believe we can increase the prices for external collaboration.”Belonging © NôvelDram/a.Org.
“Some artists have not received offers due to long breaks, and their overall influence is declining. So, we plan to start from other aspects and improve their impact.”
Patrick nodded in agreement upon hearing this. For him, this development was predictable.
An artist’s career trajectory typically follows a wave-like pattern, eventually reaching the end.
This process was an essential part of an artist’s development cycle and was considered normal.
What Patrick’s company could do was to elevate an artist from their lowest point to the peak and then, during the peak period, maintain a slight wave-like pattern, allowing the artist’s career to continue for a longer duration.
Finally, when the artist reached the critical phase of their career lifecycle, they would transition to a behind-the-scenes role.
At this stage, many artists would opt to leave Patrick’s company, prompting Patrick to bring in new talent. This turnover was an inevitable reality.
“Our finance department recently reorganized, increasing our cash flow by five percent compared to last month; this is to prepare for the upcoming foreign investment.”
“If there is a demand at the foreign subsidiary, we can further increase by another five percent within half a month. However, if the demand exceeds that, we need to prepare for borrowing in advance.”
The head of the finance department informed Patrick about the overall cash flow level of the company, refraining from mentioning specific figures.
Confidentiality in financial matters is essential for any company. Besides the finance department, no other department should be privy to this information.
Of course, the report had already been sent to Patrick’s computer, and he looked at the numbers with satisfaction.
For this overseas investment, liquidity was crucial. Without money, how could they achieve their goals?
Thus, Patrick felt that the current figures were sufficient for the initial phase.
“I don’t have high demands, but I require you and other departments to temporarily increase cash flow by twenty percent based on our current foundation.”
“I don’t mean to fully utilize this twenty percent increase, but it should serve as a backup for unexpected situations. You must be prepared for any eventuality.”
Upon hearing Patrick’s significant request, the head of the finance department appeared hesitant but eventually nodded in agreement. Increasing cash flow by ten percent was already considerable, according to his initial estimates.