Esim - 3.03 Manage a company
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Lord Pathogen


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3.03 Manage a company (Political)
Posted 10 years ago by
Lord Pathogen    
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So you have your company and now you need to get the most out of it



Section 1

This is all the in depth detail about your company which you will find very useful
Edit Company : Allows you to change the name or avatar picture of your company
View workers Productivity : This will show over the past 10 days which employee has worked and what they have produced for raw or product (If you have a product company it will show the raw used)
Show company Summary : This is for premium account users and displays more information, See premium page for more details

So lets have a look in more detail at 'View workers Productivity'



Number 1 = These are your current employers working your company

Number 2 = This is each of your employers economic skill level (Higher it is the more they produce)

Number 3 = The past 10 days can be seen here in numerical order

Number 4 = Shows the productivity of that citizen (In this case green is the overall production, red is the raw used)

Number 5 = Indicates that this citizen has not yet worked today

With the productivity you will see that it goes in to decimals i.e 37.07 ...... which means 37 products have been produced, the 0.07 which is left over roles on to the next worker i.e 0.07 + 31.35 = 31.42 and this will repeat until one whole unit is produced.

For companies which require more 'Raw per one product' you may not produce a final product for a couple of days ... mostly seen in High quality House & Estate company

So how do you get the workers in your company ?



Number 1 = Area to post your job offer, Select the minimal economic skill, how much you want to pay & how many jobs you want to post for that specific level, when posting job offers its worth checking out the Job Market to ensure you are top listing for that particular country (Note: You can only post a total of 5 jobs with different ES levels)

Number 2 = Displays your current job offers on the market (You can also just edit the pay for that ES level here, if some one else has gone higher than you)

Number 3 = Shows your current employees, there skill level and current wage & option to fire (When you manage to get employees it is worth checking the market to ensure you are paying them better than current offer....but only to the point where you still make profit for it)

Once you start putting the job offers up you also want to make sure you don't employ to many workers, more workers means less production which in return means less profit. See chart below:



When running a company there are 2 main things you don't want to run out of

Number 1 = Currency, which is used to pay your workers (No Money, No Work & they will probably go in search of a new job)
Number 2 = Raw Products (If you own a product company, No Raw, No Work & they will probably go in search of a new job)

Each company will have different/similar out puts and requirements to run depending on there quality

Raw company quality factor (Higher quality means more raw produced)

100% Production
120% Production
140% Production
160% Production
180% Production

Product company quality factor (Higher quality means higher quality products produced - See 1.07 Markets detailing list of products and quality required)

To make products they will use raw material and how much is needed depends on type of company, location, workers ES level

Below is a list of products with raw requirements to make one product

Weapon
&
Gift

Raw required : 2
Raw required : 4
Raw required : 6
Raw required : 8
Raw required : 10

Food

Raw required : 1
Raw required : 2
Raw required : 3
Raw required : 4
Raw required : 5

Ticket

Raw required : 4
Raw required : 8
Raw required : 12
Raw required : 16
Raw required : 20

House
&
Defense System
&
Hospital

Raw required : 300
Raw required : 600
Raw required : 900
Raw required : 1200
Raw required : 1500

Estate
Raw required : 600
Raw required : 1200
Raw required : 1800
Raw required : 2400
Raw required : 3000

You have the knowledge of running a company and what is required, but are you making a profit when selling these items ?

For this example we shall be using Q5 gift company, GBP market and prices to calculate your profit, monetary market rate of 1 GBP
= 0.05 Gold


So you have one worker who is Economical Skill 5 you pay 23.50 GBP
per day for him to work

When he works he uses 162.97 Diamonds (Raw) to produce you 16.3 Q5 Gifts

You have bought the diamonds from the market at 0.11 GBP


So lets work out your cost

0.11 (Raw cost)* 162.97 (Raw used) = 17.93 GBP
(Total cost of raw used)
+
23.50 GBP
(Salary Paid)

Total Cost = 41.43 GBP
divided by 16.3 (Q5 Gifts produced) = 2.55 GBP
per product.

So selling any less than that means you are losing money, so you need to place these products on the market at a price which returns more or equal to that amount

But watch out for VAT and Import Taxes (If you sell on another countries market)



You have different factors as seen highlighted in the red box

Gross = You sale price (Before the country government take there cut of your profit)
Net = Your whole profit (After country government has taken its cut)
VAT = The amount the government will take from the Gross amount as its cut
Import Tax = If you are selling in a foreign country they normally take a bigger cut

When selling your products you now know the amount it cost you, so what you need to do is add on the VAT &/or Import Tax plus a bit extra to make that profit for you so don't just break evens

In this case your product cost you 2.55 GBP
to produce we now need to add the VAT and Your profit

VAT = 0.03% Import Tax = 0.00%

2.55 * 0.03 = 0.0765 GBP
extra to be added on : Total COST price = 2.63 GBP


That is your lowest price you can sell at without losing out, so just add what ever extra you like to make on top of that for your profit














Previous article:
3.02 Create or buy and upgrade a company (10 years ago)

Next article:
3.04 Taxes (10 years ago)

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