| Sunday, December 26, 2010 - 12:51 am |
So basically, I'm trying to set up a CEO so I can reach higher game levels, and I'd like it to make a profit.
I've got 46 corporations, most of them are running at a loss and some of them occasionally make a profit of 0.3-2B dollars. I followed John Fire's advice (http://churchofsimcountry.webs.com/chap1.htm)on corporations to the letter and I still can't seem to make a profit.
So I'd like to know, what settings do you use with your profitable corporations? What are your salaries? What quality of supplies do you order? What are your trade strategies?
Hopefully, I can find a profitable trade strategy and start making some moneys :S
| Sunday, December 26, 2010 - 09:37 am |
What's your country name?
| Sunday, December 26, 2010 - 01:40 pm |
The enterprise is called "Money Incorporated". My country is called "The Republic of Brutillius".
I recently experimented with a higher price (trailing product quality by 30%) and it is working out a bit better for me...but any tips would still be appreciated!
| Sunday, December 26, 2010 - 01:55 pm |
Oh, and they're on LU.
| Sunday, December 26, 2010 - 09:32 pm |
| Monday, December 27, 2010 - 02:11 am |
I don't have a CEO but the basics should be the same.
Trailing product quality by 30% means selling less than the quality right. Why not just sell exactly at product quality or even higher. That will increase your income.
| Monday, December 27, 2010 - 02:42 am |
Funnily enough, trailing product quality actually means selling at product quality times x%. So trailing quality by 30% means I'm selling at my quality +30% (apparently).
They should probably rename it :P
| Monday, December 27, 2010 - 04:15 am |
For your country, (EDIT) I looked at your corporations and I advise a second run through with the subsection "Initial Corporate Management" of Lesson 1.1, reasons:
1. When you input a 300 salary for corporations already in existence, they will rise to 200 immediately, but remain stuck there. You need to input 300 a second time for them to continue rising.
2. Not all of your corporations are buying upgrades. This is of absolute importance. If I'm not mistaken (and I'm 99.5% sure I'm not), more quality upgrades lead to greater profits.
3. You will need to redo your trade strategies. I see an honest mistake in your sale strategy (for some, not all corporations). You are doing a "time based" +30/-10 rather than "follow quality" (the set of boxes below time based on the 'Corporations >> Manage >> Trade Strategies' page) +30/-10 strategy on some of them. The option for follow quality in selling should be below time-based on the same page.
4. Many level 1 corporations aren't that great for producing profit. I don't pay much attention to the agriculture, food, or mining product groups (excepting Oil) so I couldn't say whether your corporation choices are good or bad . . . a general rule of mine is to stick with a few safe corporation types in the industrial product group, but this is entirely an opinion on picking corporations.
5. You'll need to wait until they are upgraded to see the results. This takes patience.
6. Um, that's all I have for now. I leave it to others to contradict or corroborate my advice.
| Monday, December 27, 2010 - 05:17 am |
For your CEO,
Patience, building massive amounts of corporations, and more patience should do the trick. Don't expect to reach max profitability before your corps fully upgrade.
If you want to eek out the best profit, you'll need to supply your corporations with 100 Q FMU and Nuke Power (Lesson 1.4, Factory Maintenance and Nuclear Power). The trick here is to buy loads of each every time you log in. On large enterprises, I noticed this becomes difficult as you need to buy loads of these daily. My current routine is to upgrade my spending limit once daily and by $1.7T worth of FMU daily (alternating with Nuke Power every so often). I imagine the point where this strategy becomes useless is after 600 corporations so you should have plenty of time before this occurs. The alternative after this is to research the ASQ (Average Supply Quality) strategy and implement it. Check the WildEyes Guide to Everything in the General Forum. Personally, I'm just too lazy to set it up (even though the effort spent on buying the 100 Q stuff is probably greater in the long run and presupposes daily activity at greater numbers of corporations).
Three more notes:
1. My enterprise salaries are always at the maximum I advise on the church site (405).
2. If you want to eek out even better profit, obviously you'll want to build in areas with 0% tax.
3. A final and extremely under-rated factor is Welfare. At 405 salaries, it can mean the difference between 108% utilization (Country Welfare ~50) and 132% utilization (Country Welfare ~130). If you can find a country at 0% tax and 130 Welfare, you're golden . . . but this is rare. Generally, you'll be relying on quantity of corporations rather than quality to increase profit.
| Monday, December 27, 2010 - 05:19 am |
Edited since Scarlet already said all that i wanted to.
| Monday, December 27, 2010 - 05:40 am |
I just want to ask what is the connection between Nuke Power and Electric power. Are they interchangeable?
| Monday, December 27, 2010 - 05:47 am |
When you buy Nuclear Power, it is automatically converted to Electric Power . . . however, it's generally cheaper than Electric Power.
| Monday, December 27, 2010 - 12:59 pm |
| Tuesday, December 28, 2010 - 11:25 pm |
cheers the tips Much has changed in the last few years
| Friday, January 14, 2011 - 11:47 pm |
is there a way to set contracts so that the corp sells 100% of what the other corps/ country need instead of an actual amount so that i dont hav to constantly check and change contracts?
| Saturday, January 15, 2011 - 12:38 am |
I won't comment on John Fire's comment, except this. I have probably 75 - 80% level 1 corps running in my LU country, and I have held the #1 finance rank on LU for almost 2 weeks, and now only dropped to #2.
I avg at least 100 coins per month in my main. But the knowledgeable know that works more out to 200 per month. I'm just saying level 1 corps work fine....