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.
