Holding

Holding

One of the optional but immersive features in Eclesiar is the ability to create and manage a holding. Holdings allow you to engage in various financial activities, such as selling shares, paying dividends, and running the company as a CEO. Whether you're interested in investing, running a holding, or just enjoying the profits from dividends, this feature offers a rich and dynamic experience. However, be cautious about investing in poorly managed companies, as they might not yield the returns you expect.

Creating a holding

To create your own Holding, follow these steps:

• Navigate to My Places: Go to the "Business" section and select "Holding Companies".
• Create New Holding: Click on "Create New Holding".
• Initial Creation Cost: The creation of a new Holding/Stock company costs 50 gold (g).
• Initial Capital Injection: Upon creation, you have the option to inject some gold as initial capital for your company.
• Starting Shares: You will start with 100 shares in your holding.

Note: Players under level 10 cannot create Holding

Managing your holding

Once your company is set up, you can manage it through various proposals and roles:

Available proposals:

• Issue Shares: Propose to issue additional shares to raise more capital.
• Pay Dividends: Propose to distribute profits to shareholders.
• Change Price of Issued Shares: Adjust the price of the shares currently available.
• Split Shares: Propose to split shares, increasing the number of shares in circulation.
• Propose CEO: Suggest a new CEO for the company.
• Sack CEO: Propose the removal of the current CEO.

/!\ Last 2 proposals have a 7-day cooldown per player.

Roles for Stockholders:

• Accountant: Can access the currency market and manage financial aspects.
• Managers: Assist in overseeing various operational aspects of the company.
• Salesmen: Responsible for buying and selling from the market on behalf of the company.
• Vice CEO

Types of holdings:

• Private Companies: All information is hidden from the public, including other shareholders. Only the company's internal members can see the details.
• Public Companies: Information is available to the public and other shareholders.

Citizenship:

• Initial Citizenship: When creating a company, it's based on a player citizenship.
• Changing Citizenship: You can change the citizenship of your company for a fee of 10 gold. This change must be accepted by the congress of the nation whose citizenship you wish to adopt.

Storage Information:

Managing your company's storage is crucial for handling resources and materials. Here’s what you need to know about storage:

• Starting Storage Capacity: 3750 units.
• Upgrade Costs:
  • Pre-Checkpoint Upgrades: 20 gold per upgrade, adding 1500 storage units per upgrade.
  • Post-Checkpoint Upgrades: After reaching a storage capacity of 7500 units, the cost is 40 gold per upgrade, still adding 1500 units per upgrade.

This image provides a visual representation of the Holdings/Stock companies feature in Eclesiar.

Tips for Success

• Active Management: Regularly review and manage your company’s proposals to maximize returns and ensure smooth operations.
• Role Allocation: Assign appropriate roles to stockholders to leverage their abilities for efficient company management.
• Invest Wisely: Before investing in other companies, research their management and performance to avoid poor investments.
• Keep in check new shareholders: They may try to become the new CEO and still your holding (some players are known for this behaviour).

With these insights, you’re ready to dive into the world of Holding/Stock companies and explore the opportunities they offer!