Join the new world

Alright guys. The last article I wrote concerning business matters, was, in my opinion, a fairly decent and informative article. Unfortunately, Admin helped to shoot me in the foot by going and changing everything after I had written it, so in an attempt to help out new players and business owners alike, I shall try once again to explain how wages and profits should be calculated so as to be fair for everybody on the playing field. This is Australia, where we help out our mates, not some other country. Sure we have a bit of the tall poppy syndrome, but it's what keeps our heads level and our feet on the ground.

The eWorld now has many resources. These are used to aid in the production of food and weapons.

The 2 main Raw Materials (RMs) are Grain and Iron. Grain makes food, iron makes weapons.
Owning a RM company with one of these resources in any region of the country gives your company a 25% production bonus.

The other raw materials are used to boost production %'s of each type of good. Fruits, deer, cattle, fish are 5% boosts for the food industry. Including grain at 5% for this also, you can get upto 25% bonus on your food production. The same is also true of weapons.

Have an iron region in the country???? you get 25% extra
Rubber, oil, saltpeter, aluminum and of course the actual iron... 5% bonus for each on weapons production. Australia as it is now has an iron region. Including the saltpeter region and rubber region, this gives us a 15% production bonus on weapons production. Having the iron gives our iron companies a 25% increase also.

Our original region of South Australia has the Grain resource but as it is in eIndonesian hands, our grain companies miss out on the 25% bonus. We do however have cattle regions. This only gives us a 5% bonus, so food is going to be not quite as available as it once was where as weapons and iron should become cheaper

OK So lets begin with an iron and weapons company.

Costs are important to consider.

Raw material needed per weapon is 60 units of iron. Australia's iron is fairly cheap at the moment on world standards at 21-22 cents per unit. (0.00168 gold) Cheapest in the eWorld with any stock is around 0015 - 0016.
Basic cost of 1 Q1 weapon to build from Australian iron is $12.60 for raw materials. There is then the wage, and possibly a profit to add on of course.

There are several ways to determine a wage. The first step is to look at the job market itself to see what is the wage on offer for the skill job that you are about to offer. Today's rate for an apprentice is $17.60




If an apprentice at 100 Health works his production is around 240, making around 4 weapons, breaking each weapon down to a cost of 4.35. This cost, added to the cost of the RMs comes to a total of $16.95 for one gun alone. If you want to stay in business you should probably add some kind of profit to this before you are broke. Between 10% and 20% is a fair margin.







Thus adding either $1.70 to the price for 10% or $3.40 for 20%. This makes the single Q1 weapon cost around 20 AUD. By world standards...pretty damn cheap coming in at 0.14 gold per weapon. Gold is worth far more than the $50 AUD it used to be, so prices must keep in touch with the gold price, and these prices certainly are not. At the moment the US gold price is half of ours, ($70USD) yet our guns sell for only 2 dollars more....





As it is guns aren't selling for anywhere near that price on the market so offering that wage will send you broke. As prices on the market for one single Q1 gun is less than 10 dollars, profit is not going to happen.
In fact covering the cost of the gun is not going to happen. My advice?? if you're a gun company owner, I'd stockpile a little, find a foreign market, or just simply close shop until these low priced guns are bought and either the owners go broke or have to employ someone other than themselves in their raw materials company so selling their RMs to themselves wont make the company work in profit or to their advantage anymore. If this doesn't happen then there is no point in running a company anywhere...



If owners of companies want to buy and sell their goods for less than what it costs to make it because they are working for themselves, then unemployment will be rife. People panic and prices are way too low for what you reap....But as long as I've played it, thats always been the case. Do I forsee a change??? Not likely.

Anyway, Good luck to all who decide to try and start a business

Calculator

ronny