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Starting a new company?


J Atkinson
RJ: Tom Cook

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Ive been checking out the more fundamental things in this game.... alot of players have quite a few companies....
such as :
ABC AUTOMOBILES
ABC AVIATION
ABC MARKETING
ABC OFFICE SUPPLIES
Etc.......

Now I am led to think when you start a "new company" by going to the CITY tab and then to "Establish New Company" and paying the $10M fee, a whole new empty building zone site opens up just like I had when I started the game originally..... am I correct in that assumption?

I'd hate to spend the $10M and be surprised.... the wrong way!

Can anyone answer?

Thanks,

TC*
Bob Malone
RJ: Bob Malone
CO: Malone

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yes this is correct. It's like when you start in the game except that your company has 0 cash/0 loan.
J Atkinson
RJ: Tom Cook

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Great... so I can start a whole different manufacturing and marketing line....

using the money from the original company?

Or do I have to loan the next company money from the original one?

TC*
Bob Malone
RJ: Bob Malone
CO: Malone

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you can transfer money from your primary company to your personnal account, and then transfer the money from your personnal account to your secondary company.
J Atkinson
RJ: Tom Cook

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got it... thank you!

TC*
Brent Goode
RJ: BB Goode
CO: BB Goode

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Once you have positive NAV in the new company, you can also seek bank loans. Though I found that I never needed them. However, I believe more aggressive players do use them to maximize immediate mega-growth. It is worth considering, if it is within your game strategy.
J Atkinson
RJ: Tom Cook

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OK... Ive started another company... how do I change from one company to the other?
I'm suddenly LOST!!!!!!

:P

TC*
J Atkinson
RJ: Tom Cook

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found it.... duh!!


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