The Amazing son in law Chapter 7021
Seeing that the other party had accepted the offer, Li Yalin quickly proposed, “Let’s finalize the agreement. I’ll pay you 50% upfront, which amounts to 200,000 US dollars. There’s no immediate need for you to handle the transfer procedures. All I need is for you to reassure the workers and clear this site for the upgrade. I’ll pay you the remaining 200,000 US dollars within two months.”
Li Yalin continued, “The factory won’t be rushed into change; it will still be registered in your name, so you don’t need to worry about me defaulting on the payment.”
After a moment of thought, the other party realized that Li Yalin’s proposal was quite reasonable. Without any immediate changes to the factory, he wouldn’t assume any risks and would already have received the initial 200,000 US dollars. Furthermore, it was unlikely for anyone else interested in buying the factory to pay in full upfront. Encountering a plan for upgrades was certainly more favorable than dealing with buyers who only intended to maintain existing operations. Those buyers would likely assess all the equipment and raise issues about its condition, prolonging the process with disputes.
He nodded in agreement, saying, “As long as you can ensure I receive the remaining funds within two months, I’m fine with it.”
He then inquired, “Since we need to formalize this agreement, should we also incorporate a clause? If I don’t receive the remaining 200,000 within the stipulated time, what penalties or compensation would apply?”
Li Yalin replied without hesitation, “Absolutely, we’ll draft up the agreement to include that. If anything happens to me within those two months and I fail to deliver the remaining 200,000, the factory will revert to you, and you’ll only need to return 100,000 of the initial 200,000 US dollars I paid you. Effectively, you’d be receiving 100,000 US dollars for free.”
Surprised, the man asked, “Are you serious?”
“Of course,” Li Yalin smiled, “Let’s make sure to include this clause in the agreement.”
The other party felt completely at ease upon hearing this. Not only would he avoid any risks, but he could also make decisions freely, which was ideal.
Therefore, he confidently responded, “No problem, I’ll proceed as you suggested!”
Subsequently, he leaned in and whispered to Li Yalin, “Actually, when it comes to upgrading the production line, there’s no need to compensate the workers. If I simply tell them to stop working today, they will return home without protest. In a few days, I can call them back to work, and they’ll comply. Even if they find other jobs in the meantime, my factory is undoubtedly their best option!”
“My location is just a few kilometers from their homes, making it convenient for them to bike or even walk. As for the pay, while it’s not particularly high, it is the best they can earn nearby. To earn more, they’d have to travel to the port, which is quite far away. The extra money they could make there comes with higher commuting costs and the possibility of being away from home for extended periods, so they won’t choose the port unless absolutely necessary.”
Li Yalin observed the other party’s confidence and remarked, “I’ve always prioritized safety. If I upgrade your facility, I aim to transform it into a large factory with high production capacity and quality. Competitors who may have dismissed you in the past will certainly view me as a significant threat once they learn about the upgrades.”
“If I were a competitor, I would try to hire away all the skilled workers from your factory before the upgrades are completed. It would be a small investment to delay your operations. Your workforce consists of skilled technicians in canning; if they are poached, training new hires will take time, and operations could be halted for several months. For those without a strong financial backing, a delay of a few months might break their capital chain.”