Office Space Expenses

$0

$7,000

App Creation Costs

$1,099

$20,099

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$2,500

Website Costs

$13

$215

Training & Education Expenses

$0

$850

Total Startup Costs

$1,274

$33,558

The NineHertz

theninehertz.com

87,026

ELEKS

eleks.com

111,426

usmarshals.gov

usmarshals.gov

166,076

Top Leading Mobile App and Game Development Company in Delhi

mrmmbsvision.com

215,667

Eastern European Software Development Outsourcing Provider

n-ix.com

227,890

Augmented Reality Technology Solutions| AR Mobile App Development Services

yeppar.com

235,735

Top Mobile App Development Company

numeroeins.com

236,057

Augment

augment.com

298,078

Circuit Stream

circuitstream.com

308,532

Tkxel

tkxel.com

349,810

1 Mobile Game & App Development Company

capermint.com

356,151

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Rewarding work

Starting a vr app development business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A vr app development business gives people a reason to visit your website and to keep coming back to you!

No overhead costs

To get your vr app development business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

Crowded Space

Competition is high when it comes to your vr app development business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Longer Sales Process

A vr app development business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Isolation

Often times, as a vr app development business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a vr app development business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.