How to Run a Business in BitLife
This page contains information on how to run a business in BitLife.
The first step is to confirm that you have bought a Business Job Pack in the game’s store. You also need to have adequate savings to start your business, so having about one million dollars is a good amount of capital.
The next step is to perform a thorough market search and focus your business on high-demand products to cement our ground in the business industry. The characters then start producing goods on small scale first as they gauge how the market receives their product. Investing in marketing is another crucial step in creating awareness about your product. However, you do not need to invest excessively in marketing before knowing how your product stands in the market.
How to Go to Business School in BitLife
Alternatively, before starting a business the player can opt to join a business school. This can also give you an advantage because you can get high-level jobs in the business world such as CEO.
First off, the player needs to graduate high school with exemplary grades to be accepted to a university. When you get a chance to pursue higher education, click it and select a business school from the list.
You can also choose to apply for a scholarship. After two years, you will graduate and you can now apply for high-end corporate jobs or use what you’ve learned to create a business of your own.
How to Improve Business Performance in BitLife
First, you need to look at all factors that affect your business, whether directly or indirectly such as sales, profits, and expenses. The player also needs to expand their business and its premises and open branches. If the product isn’t selling well, try and reduce the price of the product a bit. If the products are still not selling, you can swap the products with other well-designed and new products.
Also: How to Become President in BitLife
How to Sell a Business in BitLife
When the player has eventually decided on selling the business, head to the Job menu and scroll downwards until you see the Sell option. Tap on the Sell button. You will then be able to select the price to sell. The cheaper you sell our business for, the more likely you are to find a potential buyer and vice versa.