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[Domenique]

I just found out that if you manufacture something that uses water, you can get your water research up to 30 in 30 minutes (at first it takes 2 secs to research, and later cheap outsourcing). I'm looking forward to rise my cider's quality by quite a bit for a very cheap price.

[Eagle_eye]

So far every single company I've started has flopped. The problem is that there never seems to be any demand in stores, and I can't make a decent profit selling to other players. Is there some trick I'm missing?

[LoSboccacc]

So far every single company I've started has flopped. The problem is that there never seems to be any demand in stores, and I can't make a decent profit selling to other players. Is there some trick I'm missing?

start small 

[Paul]

Gah, what is it with all the people doing IPOs and selling their company a day or two later? I've inherited 4 companies lately from people selling all their shares.

Guess I'll have to stop investing in the stock market. I can't manage all these companies. I already have 5 of my own.

None of them are bad companies - they were making a profit and still are. I don't see why the owners sold them.

[MrWiggles]

So far every single company I've started has flopped. The problem is that there never seems to be any demand in stores, and I can't make a decent profit selling to other players. Is there some trick I'm missing?

Sell every product in the store as you can.

[Sirian]

So far every single company I've started has flopped. The problem is that there never seems to be any demand in stores, and I can't make a decent profit selling to other players. Is there some trick I'm missing?

If you use retail stores, make sure they have a stock for as many goods as possible (although this will change soon apparently), buy this stock from b2b or export import if you can't produce it or can't produce it fast enough. You can also skip production and only use retail, just make sure to sell for twice the cost for optimum gains(lazy 2x button). Oh and make sure your stores are big enough, also spend some cash on advertising.

If you don't use stores, i suggest you study the b2b market, and see what kind of goods are in high demand, how big is their margin (use the wholesale value as a baseline, for the food market i've found that 5x or more is high demand, 1x or less is very low demand), also look at the prodution chains and see what you need to make the different products. Then research the products you've selected, build your factories big enough, and start producing. Just don't start with the very high end products like planes and boats.

When you set your price, make sure to take into account your quality, and think about how much you'd be ready to pay for it. I tend to always set my price at least a few cents lower than the lowest, and i always sell fairly quickly.

Also don't forget that you can instabuild as long as your company's lvl is lower than 5, and check the welfare center every day then transfer the money from your character to your company.

[Goron]

buy this stock from b2b or exportIMPORT if you can't produce it or can't produce it fast enough.

Fixed, just to be sure it is clear for anyone new... hate to see someone using export by accident and losing goods.

[Mr. Palau]

Gah, what is it with all the people doing IPOs and selling their company a day or two later? I've inherited 4 companies lately from people selling all their shares.

Guess I'll have to stop investing in the stock market. I can't manage all these companies. I already have 5 of my own.

None of them are bad companies - they were making a profit and still are. I don't see why the owners sold them.

If you want I am a competent manager (with only 3 companies managed to his name so I have plenty of time.) and I would be happy to take over managment of the company for you. I succesfully managed Rommney Inc.'s conquest of the fresh beverage market (there are people left... for now), which has 81M in networth so I think I could handle any company around or under that benchmark.  Most of your companies are probably around that size as that is right after the IPO.

[Paul]

Yea, I got you for the Forever Fruit one. Problem with the other three is one of them I'm barely in control so one of the others will probably buy me out soon (or I'll just sell a few million shares and make them take over, haha), another one is a negative net worth company that I got left holding that's recovering but doesn't have the money for the job search posting. The third I just got (InnoIndustrial) is similarly broke, mainly because a previous owner apparently imported a bunch of cars and car parts even though the company doesn't have an auto dealership. I'm not quite sure what to think about that one.

[Mr. Palau]

Yea, I got you for the Forever Fruit one. Problem with the other three is one of them I'm barely in control so one of the others will probably buy me out soon (or I'll just sell a few million shares and make them take over, haha), another one is a negative net worth company that I got left holding that's recovering but doesn't have the money for the job search posting. The third I just got (InnoIndustrial) is similarly broke, mainly because a previous owner apparently imported a bunch of cars and car parts even though the company doesn't have an auto dealership. I'm not quite sure what to think about that one.

Oh sorry I thought you were a diffrent guy  . Look at me not paying attention. Sounds like its time for you to sell, walk away, and make it someone else's problem.

Oh by the way I have made progress with forgotten fruit. I bought crops on B2B and import, proceeded to flip them and havve more than doubled store inventory. This has also lead to an increase in sales, the proceeds from which has been routed into further purcheses until the stores are fully stocked. 1/3 to 1/4 of the way there.

[TheCze]

So I'll be lvl 6 soon and thinking about going IPO. What things do I need to know?

[Mr. Palau]

So I'll be lvl 6 soon and thinking about going IPO. What things do I need to know?

Keep a good sized chunk of your company so you can sell it after the price goes up, and make sure to tell everyone here before you start your IPO.

[Muz]

btw, we're still looking for some high quality steel, up to 250$ apiece if it's really wort it (like, Q30 or above).

I'll buy 250k worth of it.

I just started a smelter after seeing how hard it is to obtain good steel from the market. Planning on pumping everything into research and steel manufacturing

So far every single company I've started has flopped. The problem is that there never seems to be any demand in stores, and I can't make a decent profit selling to other players. Is there some trick I'm missing?

Don't bandwagon. You're probably not doing it, but I dunno. Everyone does it. They look at a strong market, they see someone making millions on it, and then everyone jumps on it at the same time, which drives prices down to export level in no time.

The most profitable companies are the riskiest, similar to how it is IRL. I actually made so much money exporting fricking peanut butter that the system flagged me multiple times for cheating because I was selling it at too high. That was because people were diving into other markets like vanilla and salt which looked more profitable, but were rapidly becoming unprofitable because people were self-supplying and oversaturating the market.

Also, don't bother with fruit and fruit products

Gah, what is it with all the people doing IPOs and selling their company a day or two later? I've inherited 4 companies lately from people selling all their shares.

Guess I'll have to stop investing in the stock market. I can't manage all these companies. I already have 5 of my own.

None of them are bad companies - they were making a profit and still are. I don't see why the owners sold them.

For me, it was partially because by the time I go IPO, I've already gotten bored of the game. IPO is an exit strategy for me, an endgame.

Personally, I get bored of it when they actually start doing very well. By the time I dumped Kunullung Kitchen, it was already manufacturing high quality vanilla products. At that point, there was no real alternative to making profits other than undercutting everyone else, spending tons of time into researching other elements of the chain, or buying stores and going through the store grind.

The grind just gets really annoying at that point, so I'm tempted to ragequit (and take along with me a few hundred millions).

[Paul]

You don't HAVE to do an IPO you know. If you want out of a company you could sell off all your products on b2b, transfer out all the money, and sell the business with the buildings and research to get the last bit of money out of it. IPO is meant to raise capital to continue expanding, not as a money grab (I'm sure the other B12ers are happy that you had them buy your shares solely so that you could profit off of them and leave them holding the devalued stripped down company).

Doing that just litters the stock market with empty shell companies, and it's abusing the current mechanics of the stock market.

[Muz]

IPOs are literally used to make money for the founder(s) IRL. It's not really abusing if it's how it works in the real world as well

And it's kind of a waste to just delete a company with a few days of construction. I'd much rather let it go to a competitor. Though it is kind of sad that major shareholders don't really want a company, most are just trying to make money off reselling stocks and strip the rest of the company down when they hold it.