| Khome y Peng | Thursday, October 4, 2012 - 07:16 am 
Is it me, or does it seem that it is harder to have profitable corporations while a CEO than a president? My enterprise cannot turn a profit to save it's life no matter what I do. Thoughts? |
| Drew | Thursday, October 4, 2012 - 08:06 am
It's not just you.
The key really is to make sure you give yourself a safe baseline for revenues, to keep you out of the red. This can be done in multiple ways I'll cover them soon. But first I'd like to point out that debt because of incredibly low interest rates are not so detrimental in playing the CEO.
So as I said safe bets.
1. If you get yourself in reliable countries that is always a plus. 120+ Welfare is what to shoot for. If you want to stay lean and control your enterprise with a fine comb you can ignore rapid building debt increasing endeavors.
2. C3's are always profitable in you know how to work them, incredibly low salaries, and the ability to take over a C3 to move them if a bad president takes over, and you can also use to pass on cheap supplies to corps with high material costs.
3. Cheap Corps is a good route. You can spend 60B to start a new corp, or you can buy a fully upgraded corp for as low as 300k. Almost always you'd be forced to move the corp but moving is free when your corps value is low enough. DON'T BUY CORPS WITH DEBT! You pay if they go under
4. Don't neglect the stock market, there are several corps run by reputable CEO's in reputable countries in which you will recieve dividends without any nasty management. With CEO's I really fail to see any reason to ever give out debt with this asset available to you.
5. There is an incredible perk with Country Controlled Corporations. As long as the country can mantain majority share they will not have to pay CRU's and profit much easier. But don't overbuy as profits can turn to loss very quickly.
6. Finally a strategy I don't seem to have time for. Price fixing. A CEO can run 14T in debt. That is huge on the commodity market. Instead of as a president you buy a bunch of stuff and sell it high, what you can do is manage what you buy and force those prices up without regard to the resell value. BECAUSE you can mountains of shares in corps that sell the product. As these profits increase the share price will follow to make up for your investment, and give you a bunch of supplies as well that you can liquidate as you please. For this one, two things are important, first buy shares in surplus industries close to equilbrium with a low price compared to the base, and second products in industries where enough shares of the industry are accessible.
I might have missed a couple things but a hope that helps. =) |
| J. Skullz | Thursday, October 4, 2012 - 08:09 am
I didn't learn anything! :P |
| Drew | Thursday, October 4, 2012 - 08:23 am
Then you are probably running a successful enterprise already :P |
| Khome y Peng | Thursday, October 4, 2012 - 03:28 pm
Wow... that's good stuff. Thank you 
the last point was the most complicated, I'll have to examine that one further |
| Drew | Thursday, October 4, 2012 - 09:13 pm
Oh yeah one more thing, when referencing corporation profitibility. 0% taxes isn't going to help if your corp can't make a profit.
90% taxes at 100M>0% at -.01M
Thats an impossible situation, because taxes don't go that high but taxes can only take away from the money you make, while losses can always harm you. Think of this when building or moving corps.
Your Welcome, good luck |
