Often a single factory is not enough to service all your shops/factories. Use warehouses to consolidate your production (Including for semi products). This can sometimes be cheaper too (Especially for minerals) You dont have to make everything yourself. Quite often, I buy several semi products from competitors. You never have to do everything yourself. (I still think technology is too cheap-Tech AI don't have a chance When going into a new product line where competition exists, buy the tech first! Its very cheap and allows you to start competing very quickly. video game consoles, compact cameras, notebook computers etc If you don't want to spend your precious money at start you can still buy the technology from your competitors ( like 1,5, 2 years after the game starts ) check your competitors to see if anyone invented a new product which are also the most profitable things in the game.įor starters those products can't be produced at the start, you need to invent the required technology in R&D centers. Use your product expertise for good! especially if it is in toys or computers, build a R&D center as soon as you feel comfortable to afford it's monthly costs. However if with a loan, you can make more money than the interest being charged, then go for it! If you borrow too much, your loan payments will increase. But be careful that you dont issue so many shares that you lose control of your company! (That will cost you a LOT more!)Ĭonsider rates of return when deciding on financing. With shares, you dont need to pay interest, dividends are optional (So it can be viewed as free money). Issuing new shares costs more in the long term but is cheap in the beginning. Share capital should be considered carefully. If you can increase the quality and brand of your goods, your margins will be much better. The key to profits are your contribution margins. Also think about the necessity index of your goods Population size and wage rates should affect your early decisions as to what you will produce.
Competition results in price wars and lower margins.Ĭonsider the cities. For starters selling livestock products, bed & sofa, golf clubs, gold rings in high wage rated cities means always profit.Īvoid competition at the beginning. Start by selling products from seaports, especially prefer the ones which needs high quality rating / low brand rating. These are some tips and tricks for playing capitalism.
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