Chapter 360: The Run
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
According to the original plan, Mrs. Watson would arrive in Wade town this morning to take Emma home.
However, just as she was about to leave, she suddenly received a call from her assistant.
The other party told her that their supplier, who had always been a stable source of goods, suddenly proposed to collect the payment for the first three issues before sending the subsequent supplies.
This had messed up Mrs. Watson’s plans. On one hand, it was the career she had been working hard for, and on the other, it was her daughter who had made a mistake.
Mrs. Watson thought for a moment and decided to deal with the company first. After all, she had warned Emma last night, so she would probably calm down and not do anything rash for the time being.
Hence, she decided to settle her work first and leave later to pick Emma up. What the couple didn’t know was that this was only the beginning.
After that, their company received phone calls from several suppliers, who were still chasing them for early payment.
Originally, their company could suppress the private behavior of a few suppliers if they were a little stronger. However, the bad thing was that after the other suppliers received the news, they began to suspect whether there was a problem with Watson Corporation’s financial situation. Therefore, all of them came to the door and asked for payment.
An industrial company like theirs wouldn’t have much cash flow on the books, and most of the company’s funds were placed on the goods. According to past practice, from the production end to the sales end, the payment would be paid once every six months or a year, so it wouldn’t cause the problem of a cash flow break.
However, because of the private actions of a few suppliers, other a suppliers lost their trust in the Watsons, resulting in a bank run.
If they couldn’t come up with a satisfactory plan, the supplier would have to stop supplying, and their company’s production and sales would have to stop.
This kind of bank run wasn’t rare in the industry, so the Watson company wouldn’t be unable to recover from it just because of this.
The problem could be solved, but the losses had already been caused, and this was inevitable.
After several suppliers came to the Watson couple, they had long realized that someone was targeting their company.
“Did Mrs. Wade do it?” Mrs. Watson was a little surprised.
She paced around the office a few times anxiously, then denied this speculation.
“If it was the Wade family, they wouldn’t have needed to use such a roundabout method. They could have directly cut off our water and electricity supply and destroyed half of our business.”
After all, for the modern industry, all production was inseparable from electricity. Without electricity, the entire industrial chain would be wasted.
Civilian enterprises such as water and electricity were mostly in the hands of old local companies. The Wade family, for example, controlled more than half of the water and electricity supply in their area.
After being surrounded and hassled by the suppliers, Mrs. Watson clutched her head and was a little irritable.
“If the Wade family isn’t targeting us, who would attack us for no reason?” she asked.
Mr. Watson thought for a moment and said in a deep voice,
“It’s not without reason. Think about it, who have we offended recently?”
Mrs. Watson thought about all the enemies she had in the past and present, but she still couldn’t figure it out. It was only when she saw the birthday bracelet her daughter Emma had given her that she had a vague idea. A name jumped out of her mind.
“You mean the Le family?”
However, she subconsciously denied it after saying that. How could the Le family, an outsider, have such great power?
“It should be them,” Mr. Watson said with certainty.
They had just offended the Le family yesterday, and today, their family’s business was in trouble. He didn’t believe that it was such a coincidence that it had nothing to do with the Le family.
Mr. Watson called his assistant over.
“I asked you to investigate the Le family’s background. What’s the result?”
The Secretary shook his head.
“It’s too far away. I don’t have any leads yet.”
Just as they were discussing how to deal with the problem of suppliers, negative news about the Watsons suddenly broke out on the internet.
One of the company’s executives actually talked about his indecent views on women at a cocktail party. He even claimed,
“Women are all stupid animals. As long as you give them some benefits and please them, they will be led by the nose and obediently take out their money to buy your products.”
The entire process of his speech was captured by someone and posted online..