In our previous blog post, we briefly talked about a common approach of majority of our potential clients in regards to finding a software development project idea. Now, let’s have a look at a common misconception in the next stage of a potential software development project.
Having decided upon the idea, the next question always is how much the software development would cost.
It goes without a saying that the cost of software development has to be very precisely determined and there is nothing wrong in putting efforts for this before the start of a project. However, unless the end user is planning to sell the software to another party, the cost of software development only would tell almost nothing about the budget, and hence the profitability of a software based business. Unfortunately, in most of the cases, our potential clients fail to see this fact and sometimes even can’t interpret what we mean by this.
What we mean is actually very clear: Operations and marketing costs play much more important roles than the sole software development cost in determining the budget of any software based business, and it is almost impossible for any potential client to successfully run a business if they fail to have this mindset before the start of a software development project.
Therefore, we highly encourage our potential clients to consider software development cost as only the tip of an iceberg, and evaluate their possibilities to finance the business once the software development project is completed.