Top 10 Tips On How To Finance Your Apps
Where to start
Where are you at now
So you have now just put your app on paper and you have decided it is exactly what the world needs right now.
You have a written list of the features that you want to have within the app and you have all the graphics.
The 10 Tips:
We will go inverse to go from not the best to the best.
10: You have decided that it is a good idea to use your credit card as a way to pay for the entire app.
This would incur interest costs and perhaps even max out your credit without going live or without advertising.
9. Selling appreciable items.
You could still be earning money from these items whilst your development stage.
Keeping within your monthly budget on development costs and keeping in mind post development costs.
7. Using the interest of a large sum of money.
This would enable you to build an app without even losing money.
6. Personal Loan
Loan from the bank could incur interest charges over time so it is important to get a timeline from the developers.
5. Borrowing money from friends
Could lead to conflict later and it is always best to keep friends.
4. Borrowing money from family and relatives
This would be one of the best ways as it will not incur interest and family usually quite forgiving.
3. Find a business partner at a business meetup.
Some people are looking to invest is superb ideas.
2. Approaching an investment company.
This approach for speed is probably the fastest.
1.A Kickstarter venture
Some of our clients have made Kickstarter projects and had big success.
You can check out www.kickstarter.com
Hope this helped all those diligent app entrepreneurs out there.