| Thursday, December 18, 2014 - 09:09 am |
Can anyone give me a run down of how to properly run and profit from an enterprise?
I used an old guide that was written,
But as I've come to find out, my enterprise is still losing a ton of cash daily, and reducing my corps / raising them all to 30B does not seem to waiver this.
I've gone through particular corps that have -1 to -2B loss And found that they are spending more on materials than they make on profit.
Is it just a matter of opening and closing corps at will until they profit? If anyone wants to take a look, it's Ausr Kingdom on GR
| Monday, December 22, 2014 - 01:20 am |
Corps or genraly going to lose $$ for 1st RL week or so. until u get ur upgrades done.
and if i remember right, the Q of the goods bought should be 150 or so.
Buy the goods at best price, and sell them at 200% -5% a month. ( thats what i'm doing and all are, more or less, making a profit. )
Any other advice would be greatly appreciated though.
| Monday, December 22, 2014 - 01:17 pm |
Just implemented your solutions, will see how it goes. Enterprise debt is now 1.1 trillion.
If anyone else can provide some tips / solutions, I would be grateful.
| Monday, December 22, 2014 - 01:27 pm |
Plus, my corporations have auto upgrades turned on.
My corporation salaries are 400.
Quality I was ordering for supplies was 190 (trying 150 now)
Production + Hiring are all 100.
Country taxes are set to 0, profit contributions for country is set to 80% and profit transfer on my enterprise is set to 0%.
My indexes are:
| Tuesday, December 23, 2014 - 04:02 am |
I'm not a super-experienced player but....
1) I try to keep my salaries as low as I can, while getting full employment. The second setting on 'change salaries' usually does this well, or just try it at 300, and go up 5 each month or so to get to full employment. Most of the time, I've not been able to make profits on new corps at higher salaries.
2) The game is pretty good at supply and demand for price changes, so build corps that produce scarce items, and you should do well.
3) I find corps do better, at least initially, with Industrial Products, than with raw materials or most other categories.
4) Upgrade as often as you can afford, but if you do it slower than the double auto(auto-quality and auto-efficiency), that might be ok.
Hope this helps.
| Tuesday, December 23, 2014 - 07:52 am |
That's basically everything I'm doing, most of my corporations are industrial, high tech or mining (in high supply only)
| Thursday, December 25, 2014 - 11:20 am |
Anyone gonna comment? Why is it the players that have been here for years comment on everything else, but when it comes to enterprises, the players that have booming ones with over 1T income are nowhere to be seen.
Come on guys, tips please! Or I'm gonna end up getting annoyed that I spent money to get an enterprise and can't even get it running, and I'll quit this game like I did the first time I played about two years ago or so.
| Monday, December 29, 2014 - 03:11 pm |
You are expanding fast. It is true you will see early losses in these new corps until upgrades are done. Carefully choose your new Corp products though. I noticed several of your new corps produce items in world surplus. It is okay to build a number of new corps that produce the same product that is in heavy world deficit.
I would also recommend changing your sell strategy to "best price". Fixed price strategy does not account for product quality and the way orders are matched does not seem to offer an advantage.
Those things being said, monthly Corp income is a small part of what enterprises offer. Take advantage of other enterprise attributes such as its 500 billion spending limit renewable every month that is great for trading products. You can also park weapons in your enterprise free of monthly cost. In truth, countries are setup better to benefit from month to month income. This is mostly due to the enterprise tax that is imposed on successful enterprises.
| Monday, December 29, 2014 - 06:36 pm |
Those corps were built when the product was in high demand and had huge shortages.
I play a peaceful game so have no need to park weapons, My corps are set to auto upgrade, and even though it has been about two or so weeks since I made the enterprise (And a week since I made this thread) my enterprise is still losing money, I even bought some of the corporation boosters to max out some of the corps, but that didn't really seem to help as my corporations and still spending more money than they gain from product sales. Even though I was selling my products for a bloody high price with none left over.
I ended up having to transfer 2T over from my country just to pay off the 1.5T debt I had. It's really getting ridiculous that I cannot make any form of profit from this enterprise despite following multiple guides and player advice.
Also, a little off topic here but, countries economies seem very wrong. Both myself and my brother have an account, with my country having 76 corporations and his having 21, mine has 66m people and his has 22m, yet my income is only a few B more than his.. That's like comparing America and Uganda but Uganda earning the same amount of money.
| Monday, December 29, 2014 - 09:00 pm |
On the upgraded corps. Check the world price of goods and set the sell price to "best price ". If that does not work, name the Corp and I will take a look.
Post the country names and I can take a look there too. One other piece of advice. Try checking simple similar corps in successful enterprises. This can work with countries too. Imitation can offer quick improvement and can lead to the deeper knowledge of the game to develop your own style.
| Tuesday, December 30, 2014 - 01:08 am |
Ok, I swapped it to best price.
I'll note it here, that my current total profit from all corporations is -2.92B.
Will update again soon to see if this changes.
| Tuesday, December 30, 2014 - 01:10 am |
Oh an the country names are:
Kingdom of Ausr
The Republic of Albany
| Tuesday, December 30, 2014 - 01:12 am |
Oh, and change your supply quality back to 190. You should have better success than 150.
| Tuesday, December 30, 2014 - 01:47 am |
Your biggest opportunity to increase your country profit is to decrease your costs. I have a country of 85 million with a similar standing army with similar costs. I bet you could save 15 billion or more.
First you should align your indexes to optimize welfare index while cutting unneeded expense. I recommend 120 education/health/transportation and 80 social security. Save money on personnel and send the extra workers to new corps.
Speaking of workers, you have 15 percent unemployed. Send them to work in corps and keep their unemployment checks.
Lastly, you should tear down your forts in your main. Unless you plan to leave secured mode, you will never need them. If you change your mind later, buy them back. In the meantime, send the troops to other jobs and save some defense cash. Similar thinking can be applied to all your weapons. Sell them and you can collect cash for them, save defense costs, and with the fort troops you have 250000 workers for another Corp.
| Tuesday, December 30, 2014 - 02:53 pm |
Update: total profit from all corps has decreased to -6.65B, lost 300B cash in the space of a few hours.
And yeah, I lowered my social security to 80 on the index a few days ago to lower costs. My employment rate comes from a build up of low level workers, I just don't have the high executives etc to build corps right now. Think I have 3.3m unemployed low level workers lol.
I believe it was a requirement for levelling in peaceful mode to have higher war index which is what fortifications do.
My defense cost is quite marginal now, I put all my weapons and ammo on the market a few days ago although some of it still remains unsold. Made 5T so far with about 2T leftover.
However I didn't know you could transfer soldiers into workers, I will look into that.
| Tuesday, December 30, 2014 - 03:51 pm |
Soldiers are drafted from your low level workers and officers from your mid managers unless you buy professionals with gold coins. If you shed weapons or forts you get those workers back.
| Tuesday, December 30, 2014 - 06:42 pm |
Total profit on my enterprise is now $-8.61B .
So far it seems best sell strategy is only increasing my loss, not helping me profit.
| Tuesday, December 30, 2014 - 06:48 pm |
I'll just put this here.
Total Production 88.39B SC$
Total Salaries -30.46B SC$
Total Materials Cost 44B SC$
Paid to Countries for Resources Used -11.22B SC$
Total Fixed Cost. -7.97B SC$
Total Maintenance Cost -3.40B SC$
Total Profit -8.61B SC$
| Tuesday, December 30, 2014 - 07:20 pm |
Tough to tell with enterprise data. Check the corps sales graph. Supply quality changes take time with reorders. My guess is improvement will follow when that takes hold and your upgrades get done.
| Wednesday, December 31, 2014 - 05:42 am |
A lot of my corporations have max upgrades yet are only making a few M profit, if any profit at all.
My total profit is now -8.15B, down from -8.61
| Wednesday, December 31, 2014 - 04:31 pm |
Down to -5.31
| Friday, January 2, 2015 - 04:23 pm |
Aries, i thought josias said that when ur corp has full upgrades, you should only buy goods at 15-Q, then increase it to 180 / 190 ?
| Sunday, January 11, 2015 - 11:36 pm |
I ended up transferring money to my enterprise, then I went ahead and bought all the corporations in my country that were making profit and fully upgraded, I performed PO's and now my enterprise is making 13B profit.