After seeing pbrassat and KMaxwell's ideas of making a weekly profit "tracker", I decided this would be a splendid idea for Station 38, mostly because I think that I'm losing money. The profit tracker will start this week (Sunday, December 22, 2013). Let the thread, BEGIN!

Week of December 22, 2013

Sunday: $0
Monday: $81
Tuesday: $0
Wednesday: $0
Thursday: $307
Friday: $0
Saturday: $0

This week's profit: $388
Cost to Maintain Shop this week: $5,000
Total Net Profit: -$4,612

Week of December 29, 2013

Sunday: $0
Monday: $2,489
Tuesday: $1,290
Wednesday: $516
Thursday: $0
Friday: $1,765
Saturday: $0

This week's profit: $6,060
Cost to Maintain Shop this week: $5,000
Total Net Profit: $1,060

 

Thank you very much AdmiralD, for the inspiration. Wish you prosperity also.

 

Nope.

 

updated

 

Thanks StoneIronZ for the advice, I really appreciate it.

Also thanks AdmiralD for actively being a part of this thread. Your post above has really made me think differently :).

 

I might have forgot to log some stuff. But I updated the profit for this week. This is a bump. I also wanted to mention that Station 38 has been fully renovated, and now supplies some potions that are pretty cheap. I remember we sold about 100-200 potions, varying from $10-$15 each, thanks to Fleetfooter. Thanks again fleet :D.

 

Thanks for the advice, sort of a newbie at this. Great to hear this sort of stuff from a vet at this topic.
I would be pleased to have your help in designing my shop. I currently don't have a designer, so I'm sure you would definitely "make the team".

Also, prices have been updated for last Thursday (found where I wrote the note to myself), and Sunday, after depositing the four potion signs.

 

StoneIronZ, just in case your curious, Station #38 has been remodeled and enhanced. It now sells 4 different types of potions, and sells every ore except for coal. Thanks again for the advice. :)

 

updated

Station #38 will now start selling quarts supplies for the EcoCityCraft community! I made this decision after coming to the conclusion that ECC has a popular demand for quarts supplies from the nether. I will try to add that to my shop. If you have seen the sign at the entrance of my shop, it states that all the mining and brewing goods are naturally mined and brewed. I may be out of stock for a while, which indicates I will have to go mining. Since I do not currently have access to the nether, the quarts supplies will NOT be from the nether.

I'm still debating on wether to add coal supplies to the shop or not (I most likely will, in order for it to maximize profits).

I've noticed that somebody donated a stack of blaze rods to Station #38, in order to start brewing another popular type of potion. Thank you very much Anonymous! If I have no school tomorrow, I will most likely be brewing tomorrow. New England is supposed to be getting a huge snow storm that will last until Friday afternoon. :)

Thanks again StoneIronZ and AdmiralD for the helpful advice. Thanks to you two, I think that we will not be in debt this week! :D