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Their valuation is based on their assets plus a projection of their next few years of sales, based on the previous few weeks of profits. So even if they lower their prices, it will take a few weeks for that to fully impact their valuation. But you can't compare that to your store because you don't see your store's valuation.
Just a confirmation- make sure you're looking at your weekly income, not your daily income. I've seen a few people get those confused.
So if he raises his prices does that mean the minor rivals will also raise their prices back to normal?
Also I noted in the report that, while I didn't really compare any other businesses, supermarkets seem to be the one that stands out the most to make the rivals the most profit vs the player.
Edit: a day later customers are quite dissatisfied with my prices.
Edit 2: Another day and prices slightly went back up and customers are satisfied again thankfully!
I was looking at what business to do next as I was number 2 on the rivals board. Number 1 had a supermarket in mid town earning 1 million a week. Ib thought I'd tap into that as he had the only supermarket. I opened a same size store with similar, if not higher footfall, optimised and the most I could get was around £200k a week. Sure enough, the rivals profits reduced by 200k so that mechanic worked nicely. However, he is still making 800k a week from the one store and I've no idea how. We are matched in prices.
I was purposely ignoring Huang Guo and the fact they they had multiple supermarkets in Midtown, two of which were each making over 1M per week, simply because they were a major rival. I assumed it was intentional that they just made several times more money like that because they were major rivals. So I was focusing on a minor rival.
My prices are back up to normal and my supermarket in Murray Hill has a weekly income of over $200K. But Pamela's similar supermarket with higher prices again and open fewer hours, soared to over $1M per week now. Which doesn't particularly add up since my supermarket is open for longer hours with max customers. So I would need to sell 5x as much as I'm selling now just to match her income.
Overall, it's not terrible. I'm top dog making over $10.5M per week with all my businesses, I'll just buy them out at some point after I'm done with the last two major rivals. But may require me to invest several million above their valuation if they're as fierce as the major rivals.
Great! Looking forward to the update.
They are never meeting the employees hours demands or special demands. The employees are at very low happiness, etc.
The AI should have to meet all the same requirements as us to build a business. When you take over a business and pay millions of dollars for it, it should have the proper equipment in it. It should have a real refrigerator and not a drinks fridge or salad bar that employees can't even use (just one example).
If a rival is going to be making tons of money and have a business, it needs to meet the employees requirements OR it needs to suffer the same consequences we would suffer if we didn't have gold healthcare or a meeting table or a fridge, etc.