Checklist Item #5: Check Your Budget
Once you’ve developed your objectives and features wishlist, you’ll want to check your budget.
Depending on features, apps can cost anywhere from $20,000 to over a million dollars to develop. If your budget is smaller than that it’s unlikely that you’ll be able to work with a reputable firm(stay tuned for a future post on lower cost options and their limitations, pros, and cons!) Clearly, the “average cost” of an app represents a vast range, and cost is largely dependent on how feature-rich your app is, whether you include server-side technology, and whether you’re developing it in-house or using an external agency.
You can reduce your initial expenses when building an app by starting with bare bones features and add periphery features in subsequent updates, focusing on just one app platform to start (be sure to get feedback from users on that platform before adding another), and using an agency, rather than building your own team, but you still need a starting budget. And it’s not enough to have a budget to build the app, you also need to have the budget to market and support the app.
Latest posts by Susan Baroncini-Moe (see all)
- Sponsored Post: Minimizing Miscommunication in the Workplace - November 28, 2017
- Sponsored Post: 5 Ways Business Owners and Office Managers Can Be More Efficient - October 16, 2017
- Guest Post: I Started Sending My Team a Weekly Inspirational Email. Something Extraordinary Happened, by Robert Glazer - October 13, 2017