HELP!! I need to have 2 million dollars in my bank account !! How do i do that?

[StarGlitter]

Hello fellow gamers,
I am in the TUTORIAL mode.
My CURRENT GOAL from Uncle Fred that I have to fulfill now is to have 2 million dollars in my bank account How do i do that?
Please help me out on this issue.

I have 3 businesses:

The FIRST Business is a Gift shop selling Cheap Gifts and Expensive Gifts only.
I only have one cashier.
This gift shop business only makes 4,000 dollars a day in profit.

The SECOND business is a Fast Food Restaurant selling Donut, French Fries, Burger, Hotdog, Soda Cans only.
I only have one cashier.
This fast food restaurant only makes 500 dollars a day in profit.

The THIRD BUSINESS is a law firm which makes 500 dollars a day. I only have one lawyer.

If i make 5,000 dollars a day in profit from all 3 businesses, it will take a long long time to reach 2 million dollars in my bank account.

1) How do i improve my current businesses to achieve more profits per day?

2) Do you have any tips and strategies so that i can make a lot of money each day?
3) What other businesses should i open to get more profits per day?
4) How many businesses should i own in order to get 2 million in my bank account quickly?
5) Do i buy and sell off real estate ? Is it possible to sell off real estate in this game at a profit? Or will the sale price of real estate always be fixed at half of what i bought it for?
Is it possible to run a real estate business in this game?
Is it possible to OPEN a real estate firm in this game?

Please help me out on this issue urgently!
Thank you very much in advance
StarGlitter

[YouTube/@Enivoke]

Under the insights tab, there it will show you the capacity of your store, and how much capacity you've achieved.

For big bucks, you need to have a place that has high traffic index and high customer capacity.

After that make sure that you can fulfill the amount of customers per hour, this can be done under the insights tab where it will show you that you can serve 20 customers fries out of 75 possible if you had more friers.
Yellow is somewhat ok, green color means you can supply the maximum amount of customers per hour.

Also make sure you visit both of the marketing agencies and just sit on their table for a second so you get internet marketing and billboard marketing, since you'll be going to a bigger place with more traffic index and customers, internet marketing will only get you so far so I suggest getting at least 1 billboard marketing that will boost your sales in general, assuming you can supply the customers with the products.

Jewelry makes good money, but expensive to run, clothes is by far the best, but you need a lot of product so make sure you have at least 100K in the bank.
Also make sure you get all your products from import as they are cheaper.

If you have any other question or didn't understand something, feel free to ask and I'll try to respond!

[Agent J]

You should try other business types like a lawfirm, web development, jewelry, etc. That can increase your profits.

[Vimpster]

For something like a law firm it is important to know how many lawyers you actually need working at any given time to be effective. For instance if having an additional lawyer working does not increase the number of customers then get rid of them as they are just costing you money. It can still be helpful to keep the desk/computer/chair even if no one is using it as it increases your customer capacity.

It is also helpful to know the effective operating hours. For instance If going from being open 8 hours a day to 24 hours a day does not increase the customers then you are wasting money on lawyer fees by having them working longer than is useful.

Perhaps most importantly it helps to know that, for whatever reason, the default selling price at a law firm is well below the price that customers are happy to pay. You can easily up it from $225 to say $400 or more with out any decrease in customers even with lawyers that have very bad performance ratings.

I also recommend hiring lawyers that have low hourly wages, like $65 per hour, rather than ones that charge like $90 per hour. That will save a lot of money. Yes the lower their wage the worse their performance, but you can always train them to increase their performance.

[Jay Zerosix]

If you want quick money, clothing shop in midtown district with big increase in the prices

[P33t]

Originally posted by Jay06:

If you want quick money, clothing shop in midtown district with big increase in the prices

What would you say with 90+% customer satisfaction is a possibly price for expensive parts?

[Lt Girth Brooks]

Originally posted by P33t:

Originally posted by Jay06:

If you want quick money, clothing shop in midtown district with big increase in the prices

What would you say with 90+% customer satisfaction is a possibly price for expensive parts?

I have built a small empire of clothing shops across the map, in each of them I have an average markup of $10-$15 per item; this is for both the cheap/expensive counterparts of each clothing item.

Start off low, I usually bump my prices up about $3 at a time to avoid a huge impact on customer satisfaction. Once it levels out, raise it again and repeat this cycle until you've found a price you and the customers are both happy with.

[Kyle]

Originally posted by P33t:

Originally posted by Jay06:

If you want quick money, clothing shop in midtown district with big increase in the prices

What would you say with 90+% customer satisfaction is a possibly price for expensive parts?

Most of the prices are static and you can set optimal prices right away, albeit you still have a little bit of wiggle room. Customer service pricing differences do exist for all stores I think, but basically negligeable in all the retail ones while offices can go up hundreds of dollars depending on skills.

The prices also vary depending on district, for instance, garment can have wine at around 24~, while midtown can have it at a whopping 50.

Here's a cheat sheet you can just set the prices to off the bat, might be a bit outdated sometimes but all prices work and can sometimes be raised, if you want to use it.

https://docs.google.com/spreadsheets/d/1yclW8ZQkz4Po_2tfmAKobqaUIBjtExTevVghKbiH9X4/edit#gid=0

Alternatively you can raise it bit by bit for each item, customers will start complaining if something is too expensive and you can adjust accordingly. (which is how the sheet was done, i think, i am way too lazy personally to do that myself)