Bank Account For The Registered Business

[SilentWraith]

We are facing to big problem when doing business transaction. When doing a business, we have to face big problems because it is difficult to take away the income and assets of the separate business.  So we request to provide a separate business bank account for registered businesses.

[KonaKealoha]

+1

Really the ideal situation would be for any registered business to be given the ability to create some type of faction page... This will give business owners not only their own bank account, but also have a way of hiring employees, paying employees from the account directly and tracking payroll. 

I don't know how feasible it is to create a system similar to the F4 currently, of course tweaks would need to be made like no government funding goes into those accounts.

[Pazz]

Way back when, the ability was available for every player to create an organization in the F4 menu for the price of (if I recall correctly) $10,000, which would allow them a faction-based treasury. Now, this would automatically assign the created faction the label of "Criminal", because truthfully that is what 99% of the feature was used for, but, in essence, it allowed for players to have a separate shared "pile of funds" from their own bank account(s). That said, this option was then phased out to allow for recognition and "awarding" of official groups, legal and illegal, which of course took that ability of having a treasury away.

If management wishes to maintain F4 as an "award" for legal and illegal groups (gangs, businesses, etc.) that put heaps of effort into their roleplay and representation, then (for the purposes of this suggestion) I am inclined to say that it should stay as restricted as it currently is. However, an alternative should be provided for businesses, somehow. It is hard for players to truly realize a "business" with funds and expenses through the server itself without adding unnecessary effort to separating profits and expenses from personal bank accounts which in turn encourages the use of options outside of the server and game to track these things. Being perfectly candid, I don't think adding some sort of treasury system for businesses that aren't in F4 discourages the use of i.e. spreadsheets to track profits and expenses, but I'm certain that it would help with separating personal and business funds significantly, so I support that.

With that, though... something was supposedly in the making, so there is hope yet, though this is now two weeks away from being two years ago, and it hasn't seen its implementation yet, similar to i.e. the teased and supposedly finished garage properties with housing.

[Cyrus Raven]

+1 I believe I and others have mentioned this before. It's a basic system that makes so much difference alongside the ability to set salaries/hire employees to a business.

[2300]

I really love this, and I was excited when I saw this a year ago, but its been 2 years and there's still no updates

[Elemexxis]

If businesses had a system with a dedicated account to manage transactions, payroll, and other finances, it would significantly reduce headaches tied to separating personal and business funds. A centralized solution, like a faction page with controlled access for employees, seems like a natural step.

Services like pitch deck consultants could assist businesses in presenting the benefits of such solutions to stakeholders, highlighting their value and long-term impact. Solutions like these could simplify daily operations for registered businesses and improve overall transparency.

 

Edited January 3, 2025 by Elemexxis

[Demonmit1]

this now exists. any player can now work towards creating a legal faction that gives you access to ranks and treasury.