View Full Version : INVESTORS WANTED! - Fanatika's First Partnership


Shaitan
Sep 16, 2002, 08:02 AM
Partners are wanted for a real estate company. Fanatika's FIRST partnership! The business model will be a home manufacturer and seller. The company will be able to build anything up to and including a small palace. The very low chance of selling anything larger than a small palace, plus the much higher startup costs to offer them, makes it a poor initial investment if those are included. The company will also buy and sell land and used homes/buildings to facilitate upgraders and businesses.

Pricing

The company will aim at pricing 10% better than the RPG official real estate thread. That is, we will sell at 10% less than the listed default prices. This pricing scheme should ensure that the company gets business over the NPC generic thread.

Profit Schedule

As the items this company will handle already have their pricing defined by an official thread, our costs are set at 25% of that on the official thread. This gives us a profit margin of 75%, a bit under the 80% we would expect if our product was not officially price defined. Because these are large ticket items, this lower profit margin will not be a great burden.

The rough stuff (startup costs)

Legal fees: 1000g

Place of business base: 3000g (2000 manufacturing + 1000 sales)
Size factor (private company): X2
Expense factor (average price 860): x 4
Total for Place of Business cost: 24,000g

Total startup: 25,000g

Partner Shares

There will be 25 partner shares at 1,000 each. Half shares are also available for 500g. If you have not started up a company yet you can use your free 1st company startup to acquire a full partner share. Voting for company actions will be factored by share count. Returns will be factored to 26 portions with 1 portion paid to each share and 1 portion to the company President (elected by the partners).

Shares will be reserved on a first come, first served basis. When all of the shares are gone no more partners will be accepted. You MUST have the cash available for the shares you purchase. If you are going to get a loan in order to increase your number of shares, you need to get the loan before you post the share reservation.

Starting Strong

I have been in negotiation with the RPG real estate manager. The company will be contracted to the government to provide startup housing for new citizens at a 10% discount below the list price. The houses have a list price of 400g. A 10% discount means we will sell them at 360g. Manufacturing cost and overhead is 100g. This puts the profit for each new startup house at 260g for the company. That's 10g per partner share every time we get a new citizen!

Lightning Fast Return on Investment

There are currently 83 citizens.
The company will build 83 small houses at 360g.
Cost for us to construct each house is 100g.
Profit per house is 260g.
83 houses x 260g/house = 21,580g
21,580g / 26 portions = 830g per partner share.
That means an immediate 83% ROI! 830g of your initial 1000g is repaid immediately!

Fast turn to profitability

Even if nobody ever upgrades a home, your initial investment will be repaid when we hit 100 citizens. Every citizen over that will earn you 10g per share. With the amount of home upgrades planned by various players the initial investment should be recouped in record time.

You can buy multiple partner shares

Everybody starts out the game with 1,000g. That's one share. Everybody (even if they have absolutely no income over the basic 100g per chat) can get a loan for at least 1,200g from the bank. That's another share. If you have not started up a business yet you can use your free startup to acquire a partner share. That's another share! Many people will be able to get 3 shares with no problem. Most people will be able to get 2 shares. Everybody will be able to afford at least 1 share.

Save on your house upgrades

Partners will receive a 10% discount on home upgrades plus full value on returned properties. If you think you'll eventually be in a large home a single share now could save you a huge amount later.

Company Operations

Day to day running of the company will be done by the company President. Initially I will be functioning in this capacity. I will be setting up the company thread, handling the startup rigamarole, processing the first grand transaction and partner payout. When we are set up we will have a partner vote to determine who the President will be. The President does not have to be a partner. There is no salary for the President but they do earn commission on sales equivalent to a partner share. If a person who can do floorplans/blueprints is hired as President we may be able to normalize our price scheme to that of the official real estate thread (or even go higher) as we will be able to offer that value added service.

The President handles the day to day running of the company thread. The President may hold 10% of the company profits in an account for the company itself to allow for real estate purchases, company expansion, etc.

Current Partners

Shaitan (6 shares)
BCLG100 (1 share)
Padma (2 shares)
disorganizer (3 shares)
Strider (1 share)
donsig (6 shares)
Leningrado (2 shares)
jdd2007 (2 shares)
Great Iguanaman (1 share)
Stuck_As_a_Mac (1 share)

Shaitan
Sep 16, 2002, 08:04 AM
I am immediately committing to 3 shares for myself. I will also be getting a loan in order to purchase another 2 shares.

BCLG100
Sep 16, 2002, 10:14 AM
shaitan dont you already have enough money for 3 shares from the donsig lawsuit thing?

Shaitan
Sep 16, 2002, 11:18 AM
Yup. I've got enough for 3 (and I'm buying those). I'm also getting a loan to get 2 more (total of 5 shares). If it takes more than a week to get this going I'll have enough to get a 6th share and will surely do so.

I'm putting everything I have into this company to show my committment (and also because I fully believe it will develop into an incredible goldmine).

Shaitan
Sep 16, 2002, 11:27 AM
My loan is approved. I am taking another 2 shares for a total of 5.

BCLG100
Sep 16, 2002, 12:07 PM
ok sure ill buy one share i think i should have enough all ive bought is cokes and choco milks so far

Shaitan
Sep 16, 2002, 12:15 PM
Originally posted by BCLG100
ok sure ill buy one share i think i should have enough all ive bought is cokes and choco milks so far
Excellent. I've got you down for 1. :)

You've actually got almost enough cash for 2 shares. As a RPG Manager and a Deputy you're making 170g per chat and we've had 5 chats. 170*5 = 850g. A short loan for 300 or so would get you another share. Also, you've got your 1st business free startup that could get you an additional share.

Remember you get back a minimum of 83% of your investment as soon as we open so you'd only be cash poor from the time I post the business opening thead until I post the first sale distribution (about 30 seconds on a T3 line ;) ).

BCLG100
Sep 16, 2002, 12:28 PM
also do i get money for being TL? and deputy culture?
and website helper ish
and little odd jobs


ITS COMING

Shaitan
Sep 16, 2002, 12:35 PM
Yup. You can get the pay level bonus for every level you have a position on. You can only get each level bonus once though. RPG Manager and Trade Leader are the same level so you only get the +40 once. You get +30 for Culture Deputy. If the other jobs are official helper positions then you can get +20 for big jobs and +10 for little ones.

BCLG100
Sep 16, 2002, 12:38 PM
ah right though im not honeslty that worried about money mainly just making sure this thing gets off the ground

Shaitan
Sep 16, 2002, 12:39 PM
Originally posted by BCLG100
ah right though im not honeslty that worried about money mainly just making sure this thing gets off the ground
So do you want one more or two more then? My personal recommendation is 2. ;)

BCLG100
Sep 16, 2002, 12:46 PM
how bout 5 j/k no ill just stick with one for the time being

Padma
Sep 16, 2002, 12:57 PM
Well, as I haven't started a business, then I understand I can use my free first-business startup for one. And, unless I have been spending money in a much more profligate fashion than I believe, I should be able to stand up another 1000g from my current account. So put me down for a total of 2 shares, please.

(and is there anywhere I can check my current bank balance?)

BCLG100
Sep 16, 2002, 12:59 PM
i believe you can in the bank thread

Shaitan
Sep 16, 2002, 01:02 PM
@Padma - Fantastic. I've got you down for 2 shares.

The last update in the bank was quite a while ago. SAAM is having trouble keeping up with everything.

Padma
Sep 16, 2002, 01:04 PM
Hmm, the only "current" balance I found there was as of game start. But maybe that is only updated once a month, or something.

Maybe that is part of what Chieftess is trying to help start.

Anyway, yeah, I should have the cash. I will just have to watch how many beers I have at the Pub. :D

BCLG100
Sep 16, 2002, 01:06 PM
and remeber lay off them banana juices

Grey Fox
Sep 16, 2002, 01:09 PM
Where did the bank come from? And shares, what is that? WHere did you learn how to, as you call it, write? And how did you learn how to create that fine white material, you write on?

And what are these coins you use created of gold?

BCLG100
Sep 16, 2002, 01:11 PM
ok we just did cetain aliens beamed us into outer space i dunno we just did

Shaitan
Sep 16, 2002, 01:29 PM
Originally posted by Grey Fox
Where did the bank come from? And shares, what is that? WHere did you learn how to, as you call it, write? And how did you learn how to create that fine white material, you write on?

And what are these coins you use created of gold?
We are in a democracy game where we won't actually know democracy for thousands of game years, yet we function as a democracy. We have a detailed code of laws long before we'll get code of laws in the game. As the RPG is a companion to the democracy game there had to be a few concessions to playability. As all of our communication is by writing, we have to know how to write. We needed a foundation system that would be steady through the entire game so we needed a bank. Therefor we have currency. Notice that in the game itself you use pieces of gold from the very start. We need a way to have partnerships and show a relation between senior partners and junior partners, therefore we have shares.

We are keeping the advanced technologies to a minimum but there really do need to be some caveats in order for the RPG to be playable.

Chieftess
Sep 16, 2002, 01:40 PM
Looks like the debate kind of got in here. I don't mind having gold (as sort of a currency), since even gold was traded for objects. Currency is coins made out of stone, or metal, representing gold, and atleast tries to set a standard value. I wouldn't mind a hybrid system, where you could barter with your goods, or your gold.

A typical bartering session might end up like this:

"I'd like that copper plate, but I don't have 20g. I do have 15 sea shell necklaces, and 20 cotten clothes"

Then the store owner can have 20 cotten cloths, and 15 sea shells in their inventory.

BCLG100
Sep 16, 2002, 01:43 PM
but then thy would mean the same principal as gold so it would be easier and less confusing if we just kept it as gold

Shaitan
Sep 16, 2002, 01:44 PM
Everybody - Please don't debate the merits or problems of the RPG system here. This thread is for investors.

Thank you for your cooperation. :)

disorganizer
Sep 16, 2002, 02:35 PM
I buy a share.... and if i would knew how much i have i would propably buy even more :-(

disorganizer
Sep 16, 2002, 03:15 PM
i believe to have 936 gold on my account (my first share already subtracted)
If i get the load i requested of 1200gold, i will have 2136 gold and buy 2 additional shares, totaling to 3 shares :-)

disorganizer
Sep 16, 2002, 03:23 PM
will the firm have a own bank-account? should be so.

and i propose every partner has the as many votes in the president election as he holds shares, but is not allowed to vote for himself.

example:
i have 5 shares, padma 8 and shaitan 12
now shaitan is not allowed to vote for himself, so he uses 6 shares on me and 6 on padma. padma also can not vote for himself, so he places 4 on shaitan and 4 on me. i have 5 shares and place 2 on padma and 3 on shaitan.
this will result in shaitan:7 padma:8 me:6
padma will win.

Shaitan
Sep 16, 2002, 04:38 PM
disorganizer, your loan is approved. I have you down for 3 shares.

Regarding voting - Yes, voting is weighted by share strength. Your vote will count for 3 votes of a total of 25 votes. All of an individual's votes are applied to their single choice. There is no prohibition on self-election. The company will have an individual bank account. The President may deposit up to 10% of the company income into this account (at his/her discretion). The President has discretionary control of these funds.

Strider
Sep 16, 2002, 07:36 PM
I'll take 1 share....

donsig
Sep 16, 2002, 08:40 PM
I will take two shares for now. according to the bank that is all I can afford without a loan. I am currently waiting to hear from the bank about what happened to the other half of my gold which seems to have disappeared into thin air! Once the bank error is rectified I will buy more shares - if any are left! :(

Shaitan
Sep 17, 2002, 02:38 AM
Okay, 1 for Strider, 2 for donsig. Welcome aboard!

Shaitan
Sep 17, 2002, 08:07 AM
I can now afford a total of 6 shares so I am committing to 6.

donsig
Sep 17, 2002, 10:02 AM
My loan has been approved and I can also afford a total of six shares. I'll buy four to go with the two I already signed up for. I've got to try to keep pace with the rich lawyer. ;)

Shaitan
Sep 17, 2002, 11:31 AM
6 shares it is, Mr. donsig. :)

Leningrado
Sep 17, 2002, 01:18 PM
Give 3 shares please, i will recomend this business to the FANATRADE Stock Market, if you give a discount of 5% of the total price.

Shaitan
Sep 17, 2002, 04:27 PM
Welcome aboard, Leningrado. I have you down for 2 shares as you don't have the assets for 3. Each partner share is $1,000 and you can get an additional share by using your business startup freebie. If you would like a third share (which is an excellent idea, IMHO) you will need to get a loan of around 500g from the bank.

Leningrado
Sep 17, 2002, 04:31 PM
Thank you, i am working with FANATRADE, i will tell about this thread being an excelent business, go to FANATRADE at the rpg.

Shaitan
Sep 17, 2002, 04:39 PM
Please note, though, that these are not stock shares that we are dealing with here. This company is not incorporated at this time. These are partner shares and represent the original contribution and portion of the company owned by each partner.

donsig
Sep 17, 2002, 05:02 PM
What's the name of this company?

Leningrado
Sep 17, 2002, 05:35 PM
I will buy 3 shares for our company then

jdd2007
Sep 17, 2002, 06:15 PM
edit: never mind

i buy 1 share

Strider
Sep 17, 2002, 06:18 PM
Originally posted by jdd2007
how do people have that much money?

if i had $1000 i would buy a share

Most of them are taking loans out of the bank.... but I just had 1000 to spare....

jdd2007
Sep 17, 2002, 06:26 PM
i withdrew a loan, and now i want another share!

Shaitan
Sep 17, 2002, 07:52 PM
jdd2007 - Welcome aboard. I have you for two shares. Your loan is approved, I'll post the particulars tomorrow.

Leningrado - You need more capital to buy more shares. You have approximately 1500 gold on account which is good for 1 share (1,000g per share). You also have your first business free startup for the second share. You will need to take out a loan in the loan thread to get enough cash for a third share.

donsig - Quite embarrassing, but I forgot the company name. I've got it in my company prepost at work. I'll let you know tomorrow.

Shaitan
Sep 17, 2002, 07:54 PM
There are 2 shares remaining available at this time.

Great Iguanaman
Sep 17, 2002, 09:31 PM
im new here and i havent started a business, does that mean i can get a free share? also i dont know how much money i have because i started my account today and there is so it isnt posted on the recent accounts. If i am eligible to buy a share i am in.

The Great Iguanaman

Shaitan
Sep 18, 2002, 01:48 AM
Great Iguanaman - your account starts with 1,000 gold in it so that is enough for a share. You can also use your startup business freebie to acquire a share. You can actually take the last 2 shares if you would like.

I've got you down for 1 share as your post was clear on wanting in if you were able to. You will need to let me know if you want to use your cash or your freebie for that. Also, if you do want the final share post quickly as it's not going to last very long.

donsig
Sep 18, 2002, 05:36 AM
We're one share away from beibg able to open up! Someone take it - if you've never started an RPG business it won't even cost you any gold if you use your freebie!

So, once we're open we're building 83 houses - does that mean we all start with a house? Or must we all then purchase a house from the bank? I'm trying to figure out where to spend my 750 gold. :)

Shaitan
Sep 18, 2002, 05:57 AM
All citizens start out with a small house. That's the critical factor in the high ROI for this business. Check out the real estate thread. I've reworked the whole shebang for Strider and I hope he'll post it today. You'll get an idea of what you can get housewise. Also, remember that our standard pricing is 10% lower than the government's and that as a partner you are entitled to 10% off of our standard pricing.

The company will start doing business as Acroama Homes. Acroama means exceptional knowledge and perception (a la Aristotle). (It also starts with "A" which means "Top of the Index" ;) ). If the partners wish, we can use a different name but we need to determine that before we open.

Stuck_as_a_Mac
Sep 18, 2002, 06:02 AM
im in. put me down for a share. dont expect a quick response. im @ school.

Shaitan
Sep 18, 2002, 06:06 AM
All Shares Taken. Business Startup Will Be Posted Today!

With SAAM taking the last share we now have the funds for our startup. I will be posting the official startup post in the Price Manager thread. Hopefully we'll get better turnaround than previous businesses. I want us to be up and running before the 750g gift purchases start flying.

EDIT: The startup post is up. trader/warrior is nowhere to be seen. I've PM'd BCLG100 to review the startup post.

Shaitan
Sep 18, 2002, 11:16 AM
Here (http://forums.civfanatics.com/showthread.php?s=&threadid=32302) is our business thread.

I'm closing this thread. Let's go move into our new offices. :)