Chapter 81 Hundred Treasures Building_1
As evening approached, shops suspended their business and clan members returned to the courtyard in Luoyun Market one after another.
Lin Xingzhi gathered everyone together.
Many clan members were seeing Lin Tianming for the first time and were very curious about this rising star within the clan.
Lin Tianming, as a junior, paid his respects by clasping his fists and bowing in front of everyone, which greatly increased their affection for him.
Thanks to Lin Xingzhi's introductions, Lin Tianming also became familiar with these clan members.
Including Lin Xingzhi and Lin Tianming, there were a total of fourteen Lin Family members in the market, with a variety of cultivation levels.
Among the twelve, Lin Xingyuan was at the Ninth Level of Qi Refinement and a First Order Medium Grade Alchemist. With Lin Tianming taking over, he was soon to return to the family, which would then make thirteen people including Lin Tianming's elder brother, Lin Xingzhi.
Among the other clan members, one was at the Qi Refining Eighth Level, managing the Hundred Treasures Building, and two were at the Qi Refining Seventh Level, acting as shopkeepers for the inn and restaurant, with the rest all below the Fifth Level of Qi Refinement.
Twelve clan members managed three shops.
The core asset, Hundred Treasures Building, was run by three members, primarily dealing with the purchase and sale of spiritual objects, bringing the family a substantial income every year.
The inn and the restaurant were less profitable, with mediocre income, but were better than none.
Actually, the main source of income for the Lin Family in the market was not from the three main shops but rather the rental income from shop leases and the revenues from the market itself.
There were over a hundred shops in the trading area of the Luoyun Market. The Lin Family owned only a little over ten stores, while the Jin Family owned more than thirty. The five major families took up eighty percent of the shops, while over ten Qi Refining Families occupied the remaining twenty percent.
Although the Lin Family had more than ten shops, they did not have enough clan members to operate them all, so they only kept three that were in good locations for themselves and rented out the rest.
The Lin Family was not alone in this approach; the other four major families operated in the same manner.
In terms of market income, the real profits came from the rental fees for the stalls, the leased cave dwellings, the profits from the auction house, and the spirit stones paid for entering the market. These were the true sources of wealth.
The market was a cornucopia for the five major families, yielding immense profits each year. That's why they valued it so much and competed for their interests, both openly and in secret.
After chatting leisurely for half an hour, Lin Tianming learned quite a lot about the market, and the clan members got to know each other better.
Late at night, they concluded their casual conversations and returned to their rooms to rest.
The next day, Lin Tianming and Lin Xingzhi visited the Hundred Treasures Building.
Lin Tianming looked around.
The entire Hundred Treasures Building had three floors. The first floor contained items commonly used by Qi Refining Cultivators.
The second floor had some Second Order items, although not in great numbers, roughly dozens of kinds, with few sales, since there were too few Foundation Establishment Cultivators in such a place.
The third floor served as a temporary residence for the family's cultivators and rooms for entertaining distinguished guests.
Upon entering the Hundred Treasures Building, Lin Xingzhi took out the account books, and after reconciling them with Lin Xingshun and restocking some elixirs and talismans, Lin Xingzhi left.
Lin Tianming then worked with Lin Xingyuan to turn all the spiritual medicine received by the Hundred Treasures Building into elixirs.
When Lin Tianming completed his first batch of elixirs, Lin Xingyuan was completely astounded.
Before the alchemy, Lin Xingyuan had planned to stay for half a year, waiting for Lin Tianming's alchemy skills to be sufficient before leaving.
Who could have thought that his skills in alchemy would far surpass his own and even exceed those of Lin Shigong.
Since Lin Tianming's skills were so high, Lin Xingyuan no longer stayed and, after saying goodbye to everyone, went straight back to the family.
Inside Hundred Treasures Building, Lin Tianming and Lin Xingshun drank spiritual tea while discussing the business situation of the Hundred Treasures Building.
Lin Xingshun took out the account book and began to introduce.
"Currently, we profit several hundred spirit stones a month, and on good months we can make over a thousand. The main income comes from the sale of spiritual artifacts, with elixirs as a secondary source," he said.
Hearing Lin Xingshun's presentation, Lin Tianming furrowed his brow.
"Uncle, is business really that bad?"
"Competition in the market is too fierce. Jin Family's shop has a multitude of elixirs and their Spiritual Artifacts are not bad either. Sun Family's talisman business is extremely hot; it's considered good if they can profit a few hundred Spirit Stones each month. As far as I know, Wu Family and Luo Family are even worse off than us, not to mention the Qi Refining Families."
Lin Xingshun said helplessly.
"Never mind, uncle, roughly how many Spiritual Medicine Materials can we procure each month?"
"We've never really focused on acquiring Spiritual Medicine, so not a lot. If we don't prioritize the type, perhaps a little over two hundred plants."
"Forget it, uncle. I'll be doing a lot of alchemy in the future, so you should aggressively purchase Spiritual Medicine during this time. Even if it costs one or two more Spirit Stones each, don't hesitate!"
"This..."
Lin Xingshun seemed a bit uncertain, unsure of what to decide!
"Uncle, don't worry. In no more than two months, I assure you that you'll see the results."
Initially, Lin Xingshun was hesitant, wondering whether or not to do as this talented younger relative suggested.
"Well, all right, if he dares to take charge, then let him!"
Lin Tianming said confidently, giving the hesitant Lin Xingshun a reassurance.
"Fine, I'll give the orders. Once we have the Spiritual Medicine Materials, I'll send them to you immediately."
"Great!"
Having convinced Lin Xingshun, Lin Tianming took his leave and returned to his small courtyard to continue his cultivation.
Two weeks later, Lin Xingshun brought over a batch of Lingshen Pill and Consolidating Essence Pill materials, totaling over forty portions.
Lin Tianming immediately began alchemy.
In just seven days, Lin Tianming delivered over eighty elixirs, keeping one hundred and fifty for himself.
Taking the elixirs made by Lin Tianming, Lin Xingshun began to inspect them and was equally astonished.
"Did you make these?"
"Yes, I recommend that uncle sells these elixirs at a ten percent discount to quickly establish our reputation. After a period, we can adjust the prices. Don't worry about this slight loss!"
"All right, let's do as you say."
Lin Xingshun was very excited and immediately instructed his staff.
Over the next several days, the Cultivators kept coming to purchase elixirs non-stop. Thanks to the high-quality Lingshen Pills, the eighty-plus elixirs were quickly sold out.
The business at the Hundred Treasures Building became increasingly booming, even the other unsold Spiritual Objects sold out.
Two months went by in a flash.
During this period, Lin Tianming had a fulfilling time, either alchemizing or cultivating, and occasionally working at the shop as an assistant.
Meanwhile, the Hundred Treasures Building aggressively purchased Spiritual Medicine. With Lin Tianming present, the materials were quickly turned into elixirs and sold through the shop.
With the high-quality elixirs, the business of the Hundred Treasures Building improved significantly, with the daily turnover more than doubling.
Lin Tianming also accumulated several thousand Spirit Stones thanks to the rewards from alchemy.
The Shopkeeper of the Hundred Treasures Building, Lin Xingshun, was also thrilled. In two months, he had turned the average Hundred Treasures Building into the most popular shop in the market, earning a considerable amount of dividends.
From then on, whenever Lin Tianming had suggestions, Lin Xingshun had no doubts and was fully supportive.
Just like this, Lin Tianming rapidly improved the business at the Hundred Treasures Building.
In a room on the third floor of the Hundred Treasures Building, Lin Tianming and Lin Xingzhi were drinking Spiritual Tea. Both were very happy and engaged in a cheerful conversation.n/o/vel/b//in dot c//om