| Kunin13 | Sunday, May 30, 2021 - 09:54 pm 
Hello all,
I was hoping I could receive some advise on how to fix and or best manage cash flow coming into my country from month to month. The country in question is on Little Upsilon on the continent of Lynx Minor, the region of St. Lucia, and the country name is The Empire of Revaof. Recently, I bought the country with some gold coins I had floating around. At the time, I didn't realize how financially unstable the country was. Since I acquired it, I have been loosing Billions of SC$ per month and am currently, as you will see, over -300 Billion in the hole. I have deactivated the countries entire military because I figured they would be sucking up a lot of funds but the debt is still increasing rapidly. I did notice that a bunch of funds area being put towards material purchases in my country. Should I close down corporations to reduce the amount of money being spent on the materials for them? I think doing this may be counter productive though as corporations are generally the biggest money makers in a county?
I could take out a loan but that wouldn't solve my problem of why the country is loosing so much money.
On another note, my leader country is right next door to this one. It is called the Independent State of Sanpola if anyone wants to look at that as well. I think it is being run alright but I certainly wouldn't turn away any advice and or tips that people have
Any advice would be appreciated, Thanks.
Kunin13 |
| Dbl D | Monday, May 31, 2021 - 01:18 am
Keep your profit sharing at 30% to share the profits of the CEOs. Set your taxes to 100% to get money out of your corps and into your country. Do this in both countries.
Set your sell price in all your corps to either best price or 150 over. You're selling at 10 under and missing a lot of profit.
Transfer enough money from your main into your slave to breakeven and also have enough money to build a few corps. Mining and defensive ammo deep in red. Transfers are done under Direct Trading on the left of your screen.
No one can attack you so sell all your weapons and ammo or transfer them into your main. If you're not going to take slaves militarily, sell them. Cancel all back orders for ammo and upkeep (military services and supplies, def. off. and strategic maintenance, etc.).
Good luck! |
| Kunin13 | Monday, May 31, 2021 - 03:03 am
Thank you, I will see what I can do! |
| Luciano | Monday, May 31, 2021 - 05:06 am
@Dbl D Do you have it backwards. I was in a debt hole at 30
50 ( 30 tax 50 Profit sharing) i then changed it to 50 Tax 100 PROFIT SHARING and after a few game months I broke even and then made a yearly profit. I’m talking from being on Fearless Blue but I believe it’s all the same in all worlds. Of course the other advice applies. |
| Dbl D | Monday, May 31, 2021 - 02:44 pm
@Luciano of course you can set your tax at 50 but I feel that wouldn't be fair to the CEOs in my country. I wouldn't want them to flee to a third world country. |
