Someguy's Guide to Business
NewtonSG
Someguy's guide to Business
BUYING COMPANIES
Building Raw Material Buildings.
The best deal for a raw material building is a Cattle Farm/Saltpeter Mine. It costs 7500 currency, which in today's economy is equivalent to about 8.5 gold. The Fishery/Aluminium Mine costs 10 gold and produces 50 less RM than the Cattle Farm/Saltpeter Mine.
As you can see, the Cattle Farm/Saltpeter Mine is cheaper and more effective.
Let's say you don't have enough money to spend on a Cattle Farm/Saltpeter Mine or a Fishery/Aluminium Mine...
(LC = local currency)
2 Grain Farms/Iron Mines and the land costs 3000 LC and produces 70 RM.
1 Fruit Orchard/Oil Rig and the land costs 3000 LC and produces 70 RM.
Obviously the better option would be the Fruit Orchard/Oil Rig.
Avoid buying a single Grain Farm/Iron Mine.
The Hunting Lodge/Rubber Plantation is good if you can afford it and provides more profit for employers. If you are only working as a manager, it is a little over priced and you should stick to the Cattle Farm/Saltpeter Mine.
To put it simply, An employer gets the most profit from workers using the Hunting Lodge/Rubber Plantation. Using a RM company that is lower quality may result in selling at a loss as owners of the Hunting Lodge/Rubber Plantations have a larger profit margin to play around with.
Factories
Buying factories is pretty straight forward. Buy a 10 gold weapon factory or a 10 gold food factory and upgrade it for more profit.
ALWAYS check the 'companies for sale' section when considering buying a company.... always.
Storage
Normal Storage = 1000 space
Large Storage = 9000 space
Normal Storage x 9 + 9 land = 15750LC
Large Storage + Land = 35 gold plus 1000LC. If 1 gold was = to only 500 LC this would cost 18500 LC.
Normal storage is cheaper. The downside is a ton of storage buildings on your my land page(I consider it an upside because it would look cool if I had 100 storage buildings
😛).
Employing
Put job offers up for as much as you can afford while still making a profit. If you are going to lose money, save it and upgrade your company before employing.
MARKETPLACE
Selling Goods.
Avoid selling lower than the immediate competition as the market fluctuates, especially just after day change. Look at the market and set the price of your goods accordingly.
For example, look at this picture of the q1 food market:
Direct Link
Let's say you want to sell your goods as soon as possible. Rushing in and selling at 0.54 would be a bad idea. The Majority of the market has their goods set at 0.66 and there are cheaper foods above it that offer vary small amounts of food that will sell quickly. The best price to sell the food in this instance would be 0.65, just under the majority of the market to optimize profits and sell quickly. The difference between 0.65 and 0.66 is that your food will sell much faster.
If time isn't an issue and you want to earn a little more cash, set your goods directly on where the majority of the market sits. So in this case it would be 0.66.
If you are looking for even more profit sell a small amount above the majority(0.70 in this case). It will take a longer time to sell. So if you continue to stockpile your goods at that price the market will fluctuate enough so that people will buy your goods when it becomes cheap. There is some risk in this however as the value of the goods you are selling could decrease significantly for some reason, be it a tax change or a lack of war so keep an eye out on upcoming events.
The higher the price, the larger the profits and the bigger the risks.
Buying goods
if you want to get the best deal on food, check the other quality markets. Use the q1 food price as the guide price and multiply it by the quality of the food from a different quality market to compare prices.
For example a q1 food costs 0.63AUD and a q4 food costs 2.43. 0.63 x 4 = 2.53 therefore you get a better deal with the q4 food as it is 10 cents less for the same amount of wellness.
For weapons and houses you can't use this method because no matter how many q1 weapons you have, you are not gonna be able to hit as hard as you would each time with q5 weapons. So its up to you to decide which is the best value for you.
RMs have no VAT so you can buy overly cheap RMs and sell them at a higher price for a very small profit.
The End.
🙂
Stay Awesome Australia.
Comments
pertamax
Good article
Good one, Someguy.
Wish I read your articles when I first started Someguy
Good work but,
The Fishery/Aluminium Mine costs 10 gold and produces 50 less RM than the Cattle Farm/Saltpeter Mine.
As you can see, the Cattle Farm/Saltpeter Mine is cheaper and more effective.
Try telling admin to take out the requirement of buying an Aluminium Mine so you can upgrade the town hall, it should be on the same basis as the weapons factory, if you have one higher you still reach the requirement.
Like I said good work but whats the point of writing guides for new players when admin just undermines all your good work in the race for more RL dollars in their pocket
DO NOT SELL GOODS UNDER THE LOWEST MARKET PRICE - MATCH IT
When lots of people start undermining market price you end up with what's called a "Price War".
People will keep undercutting each other to the point where it will go below cost rate, this is detrimental to any business owner and a fool proof way of failure.
Match the lowest price definitely but don't undercut, the repercussions of this will result in a very unstable and unprofitable marketplace.
If you wish to move goods cheaply and fast i suggest approaching a Food/Weapons manufacturer to offload your good privately.
Nice work!
Vote & sub
good stuff, V+C
i think it's better to set the price according the day's average and NOT the current price level.
price in the marketplace tends to fluctuate, A LOT. (at least that's what happen in Indonesia)
Nice article mate