On this day, Jack had yet another thing that he had to do. That was to accompany Charlotte and her group of friends to go out.
But before that, they had to purchase a few more skills, purchase the shares that were required, complete the transfer of the 1% share of Jumbo hotel, and more than that, he still had to make arrangements for the future development of the hotel.
For the 4 million dollars that they had borrowed from their father, that was something that they could return during the following week. At the time, considering that the hotel was going to be registered under Jack's name, the income would all be multiplied by 100 times.
With that, it was not going to be impossible to be able to repay the money to his father. But, that was not the main aim that Jack and Henry were having. Instead, they were planning on dominating this world, so, they would need more than just money.
Before making any purchases, Jack suddenly thought of something and asked, "Previously, you mentioned something about your system being capable of setting up a company. Is it capable of setting up a hotel?"
Rather than purchasing a hotel that was already moving, Jack preferred to start his own hotel, so that he could make sure that there was nothing that was going to go wrong. Maybe he might purchase a hotel, but the reputation of the hotel, the past one, would not be something that would be favorable for the hotel in the future.
Additionally, it was quite difficult to be able to reorganize the entire structure of management of an entire hotel. So, it was better to directly set up a new one, which included purchasing a new building and so on.
After going through his system, Henry responded, "It is possible for that. It really depends on the level of the company that you want to establish. For example, for our hotel, we need a hotel that is going to dominate this entire city from the very start.
But we are not planning on just being established within this city, but instead, we want to spread out, to reach other cities as well. For that reason, we need to establish a hotel that has a good foundation.
My system can establish a hotel for us, making the necessary purchases for the buildings, including all the other facilities that are required, and finally, it is going to also complete the hiring of the staff members of the hotel.
As for the level of the staff that are going to be hired, it will also depend on the amount of money that we are willing to spend on salary. The higher the amount that we set aside for the salary, the higher the quality of the employees that we are going to receive.
But as you can expect, the price is going to be high. The price for an ordinary building here is going to cost us about $100 million. That is just the estimation, and the price might be higher, or lower currently."
Jack contemplated for a moment after hearing Henry's response. Currently, the best way of dealing with the hotel industry the way that he wanted was to have Henry's system established a hotel for them.
But the price for that was going to be quite high. Even though the price was going to be higher, Jack was willing to invest that way. After all, by the use of the system, at least, many things could be taken care of without having him to use much effort.
"Let's do this then. We will set aside about 120 million dollars for starting the hotel. With this, we can purchase the hotel building. Then, we can add about $50 million, which can be used to purchase the necessary equipment and so on, to make sure that everything within the hotel is of a high quality." Jack said.
After thinking for a moment, he continued, "We can set aside about $4 million for the annual salary of the employees, we can set aside $10 million for the ingredients, and finally $20 million for emergency situations.
That should be able to bring our balance to $41 million. With that amount, we can use it to earn more money while waiting for the establishment of the hotel."
"It seems that you have already thought through about this issue. Okay. We will progress with that. Let's do as you have said." Henry easily consented.
He was not ready to make the calculations like Jack did, so, since Jack had already made the calculations, then he believed that Jack was accurate. Additionally, Jack had even gone ahead and set aside a certain amount that was going to be used in emergency situations.
By using the calculations that he had been given, Henry immediately communicated with the system, informing it about the plan, and the amount that was going to be spent in order to establish the hotel.
The $20 million was not going to be added, and so, that total amount that they were willing to invest was going to be $184 million. The moment that he gave the system the amount that was going to be spent, a prompt appeared in front of him.
[According to the amount that has been provided by the host, it is estimated that for everything to be achieved, it is going to take 4 days. Within 4 days, everything should be established, including hiring of the staff of the hotel, and going through the legal procedures for the establishment of the hotel.]
Henry was a little surprised that the system required for days in order to be able to complete the establishing of the hotel. Despite that, when he thought about it, he realized that some things might really take time, including the hiring of staff members.
Even though it was the system that was going to do the hiring, it was not as if it was going to hire robots. So of course, it was going to take some time, to be able to get the required staff members, and each and every one of the most supposed to be of a high level.
Just as he was thinking like that, another prompt appeared in front of his vision.
[What is the name of the owner of the hotel. Should the system use the host's name?]
Henry responded almost immediately. He had almost forgotten about this part. 'No, use Jack Smith's name. The owner should be Jack Smith.'
Jack had already explained to him how his system worked. And if the hotel was registered under Henry's name, it was clear that the income from the hotel would not be multiplied by Henry's system.
So, Jack had to be the owner of the hotel. That way, they would be able to get back the money that they would have invested in just a little while through the multiplication effect of Jack's system.
[Got it. As said before, the establishment of the hotel will be completed within 4 days.]
After that prompt, Henry looked at Jack and informed him about what the system had told him. And Jack was also surprised that the system was going to take for days.
It was just that his surprise was completely different from Henry's. Jack was surprised because he thought that 4 days was a very short time.
If he had to do the establishing of the hotel by himself, he would have to go around looking for a suitable building, make the necessary purchases, visit the authorities to acquire the license of running a hotel, have those in charge of hygiene and so on to assess the environment of the hotel, then go ahead and make the purchases of the equipment, before carrying out several interviews for the employees.
All the same, Jack understood that it was going to take more than just a week for him to be able to completely establish everything. And, that was if he could do things at a very fast speed.
But the acquisition of high level employees was not something that could be done easily. After all, it was not going to be that easy for him to be able to poach the high level chefs and other staff members from other hotels quite easily.
Deciding not to think about that, Jack thought that it was going to be better for them to acquire a few more skills from Henry's systems store. So, he transferred the required money for the establishing of the hotel, together with the one that he was intending on using to acquire skills.
Previously, they had only purchased a single professional level teaching skill. But this time, they had to acquire another one. After acquiring the professional teaching skill, Jack immediately used the skill scroll, and with a flash of a golden light, the fragments of the skill scroll or embedded into Jack's mind.
After that, memories appeared within his mind about the strategies that could be used as a teacher in order to be able to make sure that the knowledge that he was passing to the students was well received. Other than that, more other skills were also passed, but everything was basically on how to transmit knowledge.
As for the knowledge that he was going to teach, that depended on the skills that he possessed. Without skills, it was almost impossible for him to be able to use the teaching skill.