©Novel Buddy
I am the Entertainment Tycoon-Chapter 203 Profit Reports: November III
Theo had shining eyes as he finished inspecting the monthly profit report from the Fuji Jump Co.
But even though his excitement, Theo had some doubts about what he should do.
At the end of the report, Theo saw a note from Sayuri.
Shortly, she said strongly recommended investing in the expansion of the printing factory.
And the reason she recommended that was obvious.
With a bigger printing factory, the more copies they could produce per month, the more copies they could sell, and consequently the more money they could earn.
Because according to Sayuri estimates, with the release of the third volume of the [Naruto] Manga, they would face again the problem of having demand but not being able to sell more mangas.
Theo knew that the wise decision was to follow Sayuri's suggestion and expand the printing factory, but Theo was conflicted because he wanted to use this money to invest in his animation studio and his music album.
'It doesn't matter fretting over this before I finish all the reports. I will first see how much money in total I will get this month and I will decide based on that amount.' Theo said inwardly after thinking for a while.
"Sylph, show me the report from my restaurant." Theo asked her.
"Yes, master!" The AI Butler replied in a lively voice.
One second later, the report on the screen changed.
'The Spark' restaurant had already become a renowned establishment in Elffire City, so they had a steady stream of customers coming every night they opened.
Therefore Theo was not surprised to see that his restaurant had the same amount of profit compared to October.
It earned 5 million dollars in profit.
But half of that money was reserved to pay bills, salaries, ingredients costs, and so on.
In the end, Theo would get 2.5 million from his restaurant.
Theo nodded in approval as he saw this number.
He did not expect less from his restaurant.
A while later, Theo read the report that Ryoko sent him.
But the difference between this report when compared to the ones he had just read was that this report was not about the profit of the company.
After all, the Tokyo Studios hadn't even launched an anime yet, how could they earn money? f𝐫ee𝘄ℯ𝚋no𝐯𝐞l.c𝘰m
No, this report exposed the costs that the studio had this past month.
The studio had several expenditures in November.
For two weeks, they executed 4 rounds of tests to hire 850 animators.
They also hired a security company to secure the building.
They hired cleaners, assistants, greeters, and other employees.
They also had to pay the bills like the electrical bill, the water bill, and others.
Ryoko had no idea how to make this report, after all, she graduated from an animation college, not from a business management college.
So, it was not a surprise for the blue-haired girl to not know about it.
But when she saw that she wouldn't be able to make this report, she asked for Sam's help.
She remembered that Theo and Sam told her that if she didn't know how to do something, she could go and ask them.
Although Theo said that she could also ask him, she did not want to ask him how to make the report that she would send him.
Therefore, she pleaded for Sam's help. 𝐟𝓇ℯ𝐞𝚠𝚎𝒃𝑛𝒐ѵe𝚕.co𝚖
And obviously, Sam helped her.
That was how the report that Theo was reading was made.
Theo saw the costs that he had to pay were 300 thousand dollars.
A low number when compared to the expenditures of his other companies.
But that was only because they almost didn't have to pay salaries in November.
That number would increase exponentially in December.
After all, he would have to pay 850 animators in December, and their salaries were not small.
Theo predicted that the expenditure of the Tokyo Studios would be between 3 to 4 million dollars.
A number much bigger when compared to his other companies.
But Theo already expected that, he knew it was not easy to open a studio and that he would have to invest heavily in it.
That was something that Theo did only because he knew that he would earn tons of profit in the future.
With the launching of his streaming service and the animes, the Tokyo Studios were capable of returning all the money that Theo invested in the company.
But if Theo were not sure about the success of the company, Theo would never invest so much money.
Who in the right mind would invest 16 million in a studio without certainty of getting back this money?
Because Theo will have to pay 4 months of salaries to employees of the Tokyo before they launch the [SAO] Anime.
Therefore, he will pay almost 16 million without getting anything back.
And that was because he didn't include the amount of money he would have to pay for the purchase of the viewing rights of the animes he would put in his streaming service.
As he pretended to use at least 10 million to buy these rights, Theo would spend at least 26 million dollars!
That's an astronomical amount of money for someone who didn't even have money to buy food 6 months ago.
Most people don't even earn this amount of money in their entire lives!
That's why Theo was treating carefully the money he was receiving.
Theo had these thoughts as he finished reading the report that Ryoko sent.
He nodded and proceeded to read the report from the Umbrella Enterprises.
This month he saw how right he was in establishing a company that managed all his companies.
Because without the Umbrella's help, the Tokyo Studio would not be open for business so quickly.
That's why Theo was not bothered to pay the 1.5 million dollars to the operation of Umbrella Enterprises even if this was a company that did not earn him any money.
The work that the Umbrella made his other companies more efficient and generate more profit.
In the end, the profit that he earned from the Fuji Jump, the BlueCloud, and the restaurant was 10.7 million dollars.
But Theo had to pay the salaries and costs of the Umbrella Corporation and the Tokyo Studios which amounted to 1.8 million dollars.
Therefore, at the end of the day, Theo received 8.9 million dollars to use as he seem fit.
Theo had a thoughtful face as he looked at this number.
He had four things he needed to pay this month.
The investments in the animation studio, the expansion of the printing factory, the production of his album, and the vacation in January with his sister and their friends.
"The production costs of the album are mostly related to the production of the music videos. But, Ayia told me that I could pay whenever I want. So, I can ask her for me to pay these costs next month." Theo thought out loud.
And he was right because he was producing the album in his own recording studio, most of the costs related to the album were to pay for the music video productions.
Some people may not know, but it is super expensive to rent a recording studio to record a music album.
"And the vacation I need to buy the tickets, book a hotel, and other things. And because I want everything to be perfect, I will not save any money on this vacation..." Theo pondered as he thought about how much he would spend on this vacation.
"Sylph, simulate about much I will have to invest in the Tokyo Studios this month. And also simulate how much I will have to pay to increase the capacity of the printing factory to 5 million copies per month." Theo asked after a while.
As a supercomputer with an intelligent mind, Sylph was capable to perform tasks impossible for normal humans.
"Yes, master!" She replied livelily.
Theo's eyes shone as he waited.
He never ceased to be amazed at Sylph's awesomeness.
He was curious to see the results of her simulation.
Would be able to pay for these things with the money he had?