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Thread Statistics | Show CCP posts - 1 post(s) |
Ricdic
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Posted - 2005.06.04 06:59:00 -
[1]
Hi guys, I am part of a smallish corp. We recently decided to try and help the corp profit by buying our first battleship bpo. Now the corp never has funds (which we want to change), so a single funder bought the bpo. The plan was for the corp to end up owning the bpo.
Now we initially thought we could hand out 10 shares of 100 million isk each. Those 10 shareholders would pay the initial funder of the bpc so he wasnt in debt/or ownership. Then with bpc sales the dividends would be split between the 10 shareholders.
This idea we had, seems to have more holes than a $20 stripper, so now we have a bpo that is almost at the peak of it's research, and no idea what to do with it. I would like to hear how other corps manage to do this, along with making their actual corp profitable, and not just the members.
Thanks in advance
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Eldroth
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Posted - 2005.06.04 08:19:00 -
[2]
The way our corp works is who ever builds anything from a corp bpo splits the profits 50-50 with the corp. eg, if you make 3 million, you take 1.5M and the corp takes 1.5M
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Bubba Fett
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Posted - 2005.06.04 20:22:00 -
[3]
Most of the time a corp will do mining ops or missions and all the procedes go to the corp to fund stuff like this. By having 1 person buy the BPO the corp doesn't really have any claim to it or the profits it generates. (unless your member is willing to make a VERY generous gift) It would take the profits of around 35 BS sales to pay for the BPO assuming you make about 30m on each of them. (buying most of the minerals)
One semi fair way to do it would be to have the entire corp mine for all of the ships. All of the minerals and all of the BS profits go back into the corp except that you give the cost of a BPC to the owner of the BPO. (3 mil for instance) After the first few ships you have enough in the corp wallet to start buying minerals as well as mining them to increase the production rate. Once you get to a little over a billion in corp assets the corp buys the BPO from the member and officialy owns it. The cash the member got from the BPC fees is considered his financing fee.
At this point you could issue corp shares based on how much time each member spend mining/hauling to get the BPO. Then the profits from each BS sold would go 50% to the corp and 50% to the shareholders. Of course all this needs to be worked out ahead of time since it's hard to get a group of people to give up all their playtime for the corp if they don't see a clear payoff in the future.
Since you rushed into the BPO purchase without having a finance plan, I'm guessing you don't have a security policy either. Are you going to limit access to it so nobody wanders off with it if they think they're being treated unfairly? What happens if the CEO decides he wants to join another corp? Does he take his assets and leave or leave empty handed? (most CEO's consider the entire corp they built to be their assets) Is there a plan to replace the CEO if he quits the game or the members don't like his leadership? Now's the time to start talking about that stuff.
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Dragothmar
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Posted - 2005.06.04 20:29:00 -
[4]
Edited by: Dragothmar on 04/06/2005 20:30:27 Edited by: Dragothmar on 04/06/2005 20:29:55 Ricdic come home! Well ok maybe not home but still
P.S. The preds are CFT in disguise
*Wesside?* *Nah, NOOOORTHSIIIIHEEEEEED in da house!* |
Zaintiraris
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Posted - 2005.06.04 20:36:00 -
[5]
Dictatorship
Once my corp has a BPO, noone gets to touch it other than the builders, or copiers, or researchers.
Corp gets the payout in terms of supplies rendered from using corp funds and corp minerals.
It works well because the folks in my corp allow it. If they didn't, I'm sure I'd change. Just do what your corpies want you to do. If THEY argue though, there isn't much you can do to be fair to everyone in a corp. Sad fact. ---
Originally by: CCP Hammer This game was so much better back before people knew math.
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