THE POINTof Easy Profit Game is to complete a profitable (or not 😁) year in business. The result of playing the game is an enhanced understanding of the basic financial tools commonly used in business and in life. The participants make up a team of executives for a fictitious company (can also be played individually).
The game flow has competitors (individuals or teams) playing through a year in business, one month at a time. Players face opportunities which could become obstacles if they make the wrong choice. And, the team has to deal with annoying things that happen in business (and life) such as paying bills, an employee that steals from you or unanticipated expenses. Each month, the team completes that month’s section on the main game sheet (P&L), and the secondary game sheets (Balance Sheet & Statement of Cash flows). Little do they know how much they are learning about vital business reports as they play 😁
During the process, players are interacting with this website, their team and other teams, and all of these relationships have an effect on the outcome of the game. The team with the most profit at the end of the game (year) WINS!
TO START THE GAME the players must divide into teams. Each team is made of 1-3+ players. Teams can be bigger for large groups but 1-3 is the ideal team size. The teams name their company and roll dice to determine which side of the game board to play on (franchise vs. non-franchise). From there, the players reference the "play now" section of the website to capture their region info to note on the main game board before they begin the first turn.
Each turn equals a month in business. The game lasts for 12 months (1 year) but the first quarter (3 months) has already been completed so the teams actually begin in April using Jan-Mar as a template for how to proceed.
Each team begins by rolling a dice to determine if they draw a "sales" card or a "company" card. Sales cards tend to lead to better results but not always. Following the instructions on the sales card, the team proceeds with completing the income sheet for that month. They use those results to complete the balance sheet and then the cash flow statement.
Finally, players check the economic health of the other teams in their community to see if they are growing or declining which effects their income for the following turn (month).
This cycle continues through December where the winner is determined based on their total earnings, cash at the bank and owners’ equity.
Despite all the financial terms, the game is both realistic and fun to play for families or professionals. Connect with us socially to ask questions, or host a game at a conference!