Created by Candywriter, Bitlife is a popular life simulation game released in 2018. Bitlife allows you to make virtual people and shape their lives according to your whims. From their age to their education and relationships, players have control over every aspect.
Like other career options, being a business owner is also possible in Bitlife. In the game, you can start your own business, make strong decisions, and ultimately grow your company into a billion-dollar empire. However, the journey can be challenging. This guide will walk you through the steps of starting a new business in Bitlife.
Bitlife: How To Murder Someone
Players who don't know how to kill someone in Bitlife can find help here.
How To Start & Run A Business In Bitlife
To start a business in Bitlife, you will first need to buy the 'Business Job Pack' or the ‘Boss Mode’ in the game’s store. With the Boss Mode, you’ll unlock all current and future job packs, including the Business Job pack. However, it costs more than the Business Job pack.
Just as in real businesses, you have to consider elements like capital, competition, product, and other stuff to make profits and make sure you don’t go broke.
At the start, you'll need at least $100k to start your business in Bitlife. The amount can vary depending on what type of business you're starting, like a gift shop needs about $165k, while a beauty supply store needs over $1 million.
- Search for a startup that meets your budget and has high demand but low competition.
- Once you've found one, do some market research to identify a product that’s likely to be profitable.
- After that, analyze the cost of launching the product, and see if it fits your budget.
- Pick a name for the product, and then select its price and marketing cost.
If your product has low competition compared to demand, you don't need to spend too much on marketing. Similarly, if there’s high competition, you can lower your prices.
Create a healthy workplace environment by giving your employees performance bonuses and raises. Furthermore, you should also organize team-building events now and then. Remember that happy employees are key to a successful company.
After starting a business, keep checking for new suppliers. If you find one with better quality products at lower prices, sign a contract with them. This will surely boost your profits.
Furthermore, when the annual year report comes out, check its key figures like revenue, net income, total profit, and sales, and use that information to plan goals for the next year.
By following the above outlined instructions, you're well on your way to running a successful business.
BitLife
- Released
- September 30, 2018
