TIP OF THE WEEK: FINANCES

My hope is that others will chime in so we can help new Presidents get a better start in this game and they will remain years-long Presidents and leaders of empires.

There are several easy ways to improve your country's income, it's just knowing what to do. Here's one of the easiest:

Change you country's profit sharing. The 30% tax and 50% profit sharing doesn't even work for C3s unless they have several CEO corps and then just barely. It's not going to work for you either if you want to really grow.

So raise your Profit Sharing to 100%. Those state corps are there to provide cash for the country, not the other way around. Profit sharing is raised on the corporations page where all the tabs are near the top.

A simple one about your military hardware:

Do NOT go overboard with your military from the start: This is a common mistake and leads to many early players having to abandon their first country due to massive debt. Many don't realize exactly how expensive a military is and that, for majority of players, isn't *needed*, even for defense.

Sell/Deactivate the military equipment you have. You can use the funds for better purposes and buy much better/more intelligently down the road. If you are below WL3 on any planet (Besides FB) you cannot be attacked by others. While the military you start with is adequate in moving up in war levels, its far from efficient and recommended.

Summary: Focus first on your economy, and when purchasing weapons have a clear strategy with your budget and goals in mind. Look at guides, ask questions, etc.

Addendum you can set Corporation salary target to 200% for your state corporations.. while increasing salary Target s for Government workers to 220-250 for your country.. you get to maximize profit while creating an avenue for CEO Corps to function better in your state.. with this you'll be able to maintain the workers level to staff your Government facilities...

Make sure you set "Upgrades" for ALL of your new and existing Corporations to "Auto Order" and "Max Order". This will improve the Quality of not just your Products and Services- but also your Factories, which means workers not needed will be returned to "Unemployed" in the future- and can be used for another Set of Corporations. This creates more profit for your country.

You can also set this up in "Automation" and "New Corporations".

Also- we are here to help you grow! This is a fun game, but you must be patient and enjoy "Strategy" games. Grow your Economy, make lots of $$$.

Build, build more and earn more.

Ask questions- absorb, learn. We are glad to share knowledge with anyone who is interested.

New Members- feel free to reach out to any of the Veteran players on the game- especially those of us on this forum. We would be glad to Mentor you and show you the ropes. Its a fun game, has fun challenges and is great if you enjoy Strategic gaming on a slower scale level. Hit us up- we're here to help!

I am glad to hear it. Thanks for help us, beginners

I could write a book on this subject I think. This is probably my 5th go at Simcountry over many years. I don't understand the military aspect of the game very well but I do understand the financial side of it pretty good through trial and error.

This game is a collosal series of math problem but it's not so hard to figure out if you figure out a few things. Now I'm not sharing all of my secrets since it is a competition and that would take the fun out of it for new players but I'll share a few tips.

Trade Strategies: Go to your corporations page and your automation page and switch from selling at "Best Price" to market price +200% and follow quality. All of my fully matured corporations are selling at 503% of market price. If it's in the red on the world market my 503% is someone elses best price.

Common Market: Use it. Find the most profitable corporations and build a few, look at what they are

@Thomascieszenski, I find that the sale trade strategies have an upper limit. My products don't ever sell 500% of market price, usually just the percentage based on what the quality is (i.e. 230 quality will sell at 230% of market price).

This has bitten me a few times:

New Corps are often unprofitable when they are young.

Between product quality, hiring levels, upgrades, etc a new corp has to go through to get established, and start bringing in good money.

Try not to get discouraged or impatient when you check your profit numbers and see lots of loss. Give them time to grow, and most corp types in this game will bring you profit.

How is everyone dealing with the economic crisis across the world's right now?

Are you talking about all the shortages? If so, I've been having the country buy the corporate supplies to keep them going

Yes. Endoma Socialist Rep. in GR has enforced 100% production and hiring levels, and spent trillions to buy supplies for the country and the corporations.

We're stable, the economy is kind of overheating though and we cannot rely on the international market right now to reduce spending for the common market contracts. Our financial resources are being drained constantly but not apocalyptic situation and the net gain is positive so yeah I can sustain that for a long time, it sucks though.

Join common market to minimize shortages, several countries can help each other on products they need .. enterprises have an advantage to build higher level corps fresh from the starts, so use it well.

Do not panic when your country cash turn negative. Check finance page, go to profits page then check which one with higher cost, if you have automatic transfer negative go to your corps page, cash and debt then check which corps loss money each months with corps cash less than 35b, close the corps and make new one !!

Repeat it periodically ..

Oh yes i will also suggest to conquer at least 1 cpuntry to make worker exchanges possible within country empire.

Thanks for eo for the guide above, with extra personal experiences added 😊