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The strategy i used to take all of her businesses was to target her most profitable businesses (preferably ones with low overall customers like jewelry, electronics, etc). I created the same business as close to it as I could and I drop all my prices to 0.50c per product. This worked because i already had 1 business established making good money so I can afford to just let the business lose money while I put the beat down on hers. As you advance time you'll see the valuation of her business just plummeting. Then i just buy her business at dirt cheap prices. I've used this strategy to take all her businesses. I will take a business with like a $2.5 million valuation down to like 200k-300k then buy it. Or take a business that had a $1 million valuation down to like 25k. Just massively undercut their prices to the point where you're taking losses, so all the customers come to you, and the only way they can compete is to take losses as well, which they won't do. They will lower their prices but they won't lower them as far as I'm willing to.
I've only got 1 business left to take over but there's a bit of a problem, i cant buy the business because she owns the building the business is in, and therefore won't sell her business at any price because she won't rent to me. At the moment, I haven't accumulated enough money to buy the building as a whole, but i assume that's how i can force her out.
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Another thing i've been doing is every time a location becomes available to rent, I rent it, most of which i don't even have businesses in. The rent is pretty cheap and easily affordable, so it blocks them from renting the space and plopping up another business to compete. I'm only up to like $1m profit/ week, and im renting a whole bunch of retail locations and its only costing me like $7000/week or so to just rent them and block them from her.
You can own up to two businesses in each district without attracting the ire of a rival. I have a massive M1 fast food restaurant in Murray Hill near the Produce Wholesaler and another in Lower Manhattan by the cathedral. Both make over 100k a day. I have a smaller fast food joint in Hells Kitchen at the 75 traffic building making close to the same with half the customer capacity.
Ingrid had the 50 worker office building doing Graphical Design in Garment, I basically put three Graphical Design Companies in the district and under cut her until I could buy that building and now it makes about 100k profit too and I own all the Law Offices now so I can easily slash fresh food, veggies and her bookstore is about to be dirt cheap to buy.
I'd say getting two high demand businesses in each district is a great strategy so that you can resist a rival's attempt to lower demand or price cut.
Yeah it needs it because I've really abused it LOL.
I think it's random...because in my game Ingrid owned a large swath of the buildings in the garment district, and I couldn't buy out most of the businesses.
I had to deal with her by forcing her prices so low she closed the businesses down, and then I grabbed the rental for myself.
Starting with offices, I'm filling in businesses using the interior decorator and 'recruiting' a set stack of staff to complete that business (100 programmers for a 50 desk web design shop, etc.). I then train them up to 100% and start the business.
I'm basically just ignoring the competition as I don't want to compete on price (abundance mindset) and I don't really want to buy them out -- that would require firing people and I don't like doing that. I doubt I'll ever 'win,' but I can probably buy up the entirety of the city while still having 5 'active' rivals who bother me with trifles now and again.
1, I open 2 stores per district first to gain a decent income without activating any rivals.
2, After that, starting to open more stores in Garmet District. Since Garmet District has most available stores with decent traffic. I can't choose not to start a war with Ingrid.
3, I activated Thierry and Huang Guo very quickly later on. Honestly, I don't want to start a war with Thierry because he owns a big number of warehouses and offices. But there is a new M1 store location available in Murry Hills which is too lucrative that I can't say no to. And for Huang, Midtown is the most lucrative district and I won't choose to stay with just 2 businesses in it.
4, I chose not to activate Jessica is because in my current playthrough it doesn't have any M1 location available and she has quite a lot of warehouses and offices.
5, Before I started war with any rival, I just rented all their properties available first. I don't mind paying a bit more rent.
Ingrid's best business was a hairdresser so I set up my own and then poached every hair stylist she had with > 50% skill. Not only did it harm her rating and force her to re-hire lower skilled employees, it let me kickstart my new business without waiting for training.
You can use headhunters to only hire 100% skilled employees
Everything they were occupying becomes available for rent. I think the real estate becomes owned by the city, or something.
I am playing on hard now and have the most of my shops in Garment District and I totaly ignore Ingrit, she started a litle fight over the prizes and wanted to get some of my workers, both failed and then she said she will open extra shops and as this happend her income drop down by 50%. So I did nothing and she started to ruin herself.