The MoHa presents How to Start a Company
Day 708, 09:31
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Published in United Kingdom 
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by
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by eUK Home Office
Welcome back to another MoHa How to... guide. We've already covered fighting and wellness. Now it's time to move into the world of business. Today's guide come courtesy of Jack Harris, the pictures are courtesy of me...
Most people aspire to be rich. When I joined eRepublik, I wanted to become a GM (General Manager) straight away. It was the only thing that made me play this game for a while. This guide will cover all aspects of creating a company in the eUK and how to profit from it. It should help first time GMs to not make the mistakes that a lot of people (including myself) have made. And for the people who want to start a Q1 company, do not expect to make alot of money from it. From my Q1 food company, I am making about 1G a week and am doing it for fun rather than profit. Do not expect riches in a matter of days!
1: Create an Organisation
The first thing to do is to create an organisation. Organisations are very useful for many reasons. Using one means you can work at your company. This helps if your company is losing money and you need to feed yourself, you can work at another company just like you did before you had a company.
Another advantage is that it gives you 20 inventory spaces. This becomes more useful as you become older as a player for when you want to stockpile weapons etc. In short, organisations are very important and are definitely worth 5 Gold.
2: Choose your Industry
In eRepublik, you can currently choose from 3 types of companies: Land, Manufacturing and Construction. These are also the 3 skills you improve as you work in a Land, Manufacturing or Constructions company. There are 12 industries in these 3 company types:
Manufacturing
Food: The food industry is a good choice to start a Q1 company in my opinion. I was experimenting with Q1 companies and this one was the most successful as a Q1. I reccomend this as a first time company in the UK.
Gifts: Gifts can make profit, but only with alot of effort and even then, you will probably make about 1GBP a week. Also, if you choose the gifting industry, you must donate the Raw materials instead of buying off the market.
Weapons: The Weapons industry can be good or bad for Q1 companies. In times of war, it can be great and your weapons can fly off the shelves. But when we have no war, weapons aren't going to sell very well. I would say this has the highest profit potential out of the Q1 companies, but it really depends on the amount of war this country gets. Also you need to donate raw materials for this industry, like Gifts.
Moving Tickets: This industry is very hard to profit from. I would not recommend it.
Land
Due to the way Land companies work, Q1 Land companies will not profit. I would only advise making a land company if you could start at Q3+. Also, the only high resource we have in the eUK is grain. (Medium resources are badly designed and don't work) So if you really want a Land company, it needs to be Q3+ Grain in London.
Constructions
Housing: Q1 housing can profit, but I would not reccomend it at the moment. There are currently 14 Q1 houses on the market. So at this moment, I would say no.
Hospitals: Q1 Hospitals don't sell. If you are looking to go into Hospitals, you need to go into Q5. It's the only type people buy now.
Defence Systems: Q1 Defence Systems don't sell. If you are looking to go into Defence Systems, you need to go into Q5. It's the only type people buy now. Defence systems also cost the same to build as Hospitals do, yet they sell for less. This is because they do not have benefits as good as hospitals do, so they are generally only bought by countries who can afford to throw money around.
When you choose your industry, always look at the companies for sale to see if you can get a company for cheaper than 20G. Also, make sure that the company is in London (Reason for London is explained below)
3: Choose your Location
Right, now you have made an organisation and you have decided your industry. Now you need to decide your location. I think it is important for your company to be in a safe location. I would advise that you make your company in London for 2 main reasons:
1: London is our most populated regionby more than double, has a Q5 DS and Hospital and has no borders with enemy countries. It also contains a huge percentage of the countries companies, so therefore it is the safest and most important region by far.
2: It has our only land resource, (I don't count medium, it's pointless) Grain. If you are going to make a grain company, it must be in London. So make sure your company is in London!
The original version of this NNA silver standard article can be found here. Now we hand over to our roving reporter Graham Fortune who this week has managed to grab an interview with current MoFA AltmerVampire
What originally attracted you to erepublik?
I saw it on the Elder Scrolls forum, heard that it was in-depth about politics and it really interested me so I thought I'd give it a go. I then got active in the Navy, which set me into actually "playing" the game rather than 2 clicking.
Did you encounter any specific difficulties early on, how did you resolve them, and what help (if any) did you receive?
Well obviously finding your feet is massively difficult, especially in this game which can be massively complicated. I just got involved, met new people who talked me through it and helped me work out my problems.
What would you consider to be the particular milestones on your way to becoming RFA Party President and Minister of Foreign Affairs?
For the MoFA, when Hassan was MoDaFA and GF was MoFA. Both helped me massively getting me actively involved and giving me a real chance in the Ministry, and I will always love them both <3 Thanks guys. Also being ambassador to so many countries helped me massively earn respect at the time. Highly recommended. For the RFA PP, would be helping to get the party to 200 members, and then even higher. Made me proud. I just got to know every member of the party really well by just trying my best to help out.
What do your current roles/positions involve?
RFA PP means I basically try to organize all the crap involved with the RFA... I keep the party positions ticking, forums clean and do a lot of other stuff that I haven't been able to commit to as well unfortunately due to the FA lark. As MoFA I keep in contact with other countries. I do my best to improve relations, think of hair brained schemes to improve things along with trying to keep the public up to date with whats up throughout the world.
What advice would you give to new citizens just starting out?
Join the forums, get involved as much as you can. Get to know the amazing community we have in eRep. But always remember to ask for help if you need it. And don't get yourself in over your head.
Graham Fortune
And that as they say, is that. Next week....Alliances and all that jazz
Karacticus
uMoHa
Most people aspire to be rich. When I joined eRepublik, I wanted to become a GM (General Manager) straight away. It was the only thing that made me play this game for a while. This guide will cover all aspects of creating a company in the eUK and how to profit from it. It should help first time GMs to not make the mistakes that a lot of people (including myself) have made. And for the people who want to start a Q1 company, do not expect to make alot of money from it. From my Q1 food company, I am making about 1G a week and am doing it for fun rather than profit. Do not expect riches in a matter of days!
1: Create an Organisation
The first thing to do is to create an organisation. Organisations are very useful for many reasons. Using one means you can work at your company. This helps if your company is losing money and you need to feed yourself, you can work at another company just like you did before you had a company.
Another advantage is that it gives you 20 inventory spaces. This becomes more useful as you become older as a player for when you want to stockpile weapons etc. In short, organisations are very important and are definitely worth 5 Gold.
2: Choose your Industry
In eRepublik, you can currently choose from 3 types of companies: Land, Manufacturing and Construction. These are also the 3 skills you improve as you work in a Land, Manufacturing or Constructions company. There are 12 industries in these 3 company types:
Manufacturing
Food: The food industry is a good choice to start a Q1 company in my opinion. I was experimenting with Q1 companies and this one was the most successful as a Q1. I reccomend this as a first time company in the UK.
Gifts: Gifts can make profit, but only with alot of effort and even then, you will probably make about 1GBP a week. Also, if you choose the gifting industry, you must donate the Raw materials instead of buying off the market.
Weapons: The Weapons industry can be good or bad for Q1 companies. In times of war, it can be great and your weapons can fly off the shelves. But when we have no war, weapons aren't going to sell very well. I would say this has the highest profit potential out of the Q1 companies, but it really depends on the amount of war this country gets. Also you need to donate raw materials for this industry, like Gifts.
Moving Tickets: This industry is very hard to profit from. I would not recommend it.
Land
Due to the way Land companies work, Q1 Land companies will not profit. I would only advise making a land company if you could start at Q3+. Also, the only high resource we have in the eUK is grain. (Medium resources are badly designed and don't work) So if you really want a Land company, it needs to be Q3+ Grain in London.
Constructions
Housing: Q1 housing can profit, but I would not reccomend it at the moment. There are currently 14 Q1 houses on the market. So at this moment, I would say no.
Hospitals: Q1 Hospitals don't sell. If you are looking to go into Hospitals, you need to go into Q5. It's the only type people buy now.
Defence Systems: Q1 Defence Systems don't sell. If you are looking to go into Defence Systems, you need to go into Q5. It's the only type people buy now. Defence systems also cost the same to build as Hospitals do, yet they sell for less. This is because they do not have benefits as good as hospitals do, so they are generally only bought by countries who can afford to throw money around.
When you choose your industry, always look at the companies for sale to see if you can get a company for cheaper than 20G. Also, make sure that the company is in London (Reason for London is explained below)
3: Choose your Location
Right, now you have made an organisation and you have decided your industry. Now you need to decide your location. I think it is important for your company to be in a safe location. I would advise that you make your company in London for 2 main reasons:
1: London is our most populated regionby more than double, has a Q5 DS and Hospital and has no borders with enemy countries. It also contains a huge percentage of the countries companies, so therefore it is the safest and most important region by far.
2: It has our only land resource, (I don't count medium, it's pointless) Grain. If you are going to make a grain company, it must be in London. So make sure your company is in London!
The original version of this NNA silver standard article can be found here. Now we hand over to our roving reporter Graham Fortune who this week has managed to grab an interview with current MoFA AltmerVampire
What originally attracted you to erepublik?
I saw it on the Elder Scrolls forum, heard that it was in-depth about politics and it really interested me so I thought I'd give it a go. I then got active in the Navy, which set me into actually "playing" the game rather than 2 clicking.
Did you encounter any specific difficulties early on, how did you resolve them, and what help (if any) did you receive?
Well obviously finding your feet is massively difficult, especially in this game which can be massively complicated. I just got involved, met new people who talked me through it and helped me work out my problems.
What would you consider to be the particular milestones on your way to becoming RFA Party President and Minister of Foreign Affairs?
For the MoFA, when Hassan was MoDaFA and GF was MoFA. Both helped me massively getting me actively involved and giving me a real chance in the Ministry, and I will always love them both <3 Thanks guys. Also being ambassador to so many countries helped me massively earn respect at the time. Highly recommended. For the RFA PP, would be helping to get the party to 200 members, and then even higher. Made me proud. I just got to know every member of the party really well by just trying my best to help out.
What do your current roles/positions involve?
RFA PP means I basically try to organize all the crap involved with the RFA... I keep the party positions ticking, forums clean and do a lot of other stuff that I haven't been able to commit to as well unfortunately due to the FA lark. As MoFA I keep in contact with other countries. I do my best to improve relations, think of hair brained schemes to improve things along with trying to keep the public up to date with whats up throughout the world.
What advice would you give to new citizens just starting out?
Join the forums, get involved as much as you can. Get to know the amazing community we have in eRep. But always remember to ask for help if you need it. And don't get yourself in over your head.
Graham Fortune
And that as they say, is that. Next week....Alliances and all that jazz
Karacticus
uMoHa
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Comments
really useful,i think i might set up a company now
Don't set up more companies. |:
nice article
\o/
MoHA FTW
Voted very nice
good stuff XD