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Anyhow, staff is gonna be rich.

Discussion in 'XenForo Pre-Sales Questions' started by cedivad, Aug 4, 2010.

  1. cedivad

    cedivad Active Member

    Let's suppose they sell 10'000 licenses in the first 3 months at 100€ each, that is something we can expect.
    That is 1'000'000€!!!

    I wanna develop a forum platform too!!! :D
    kickflip likes this.
  2. Eric J.

    Eric J. Well-Known Member

    Well, putting in what they've paid for hosting, as well as the time they've put in, seems like they'd deserve it. :p And it's not like they'd be ripping us off or anything.
  3. Onimua

    Onimua Well-Known Member

    You might want to, but I doubt it would have the near-overnight success this seems like it will get. ;) Still, no counting the chickens before they hatch!
  4. kickflip

    kickflip Member

    I hear you there and I love it. It's always nice to see the good guys win. :)
  5. jonsidneyb

    jonsidneyb Well-Known Member

    I certainly hope they do become rich but even with a perfect product it can sometimes be hard.

    I think they will be OK but there are non-product things that can make it hard at times.
  6. Mark.B

    Mark.B Well-Known Member

    It won't be instant but I hope they become rich out of this, if ever anyone deserved it, they do.
    Peggy likes this.
  7. MtoR

    MtoR Well-Known Member

    That's a fast calculation, have you thought at:
    • the taxes (TVA and annual taxations)
    • their own monthly salaries
    • the functionning costs (host, ...)
    That doesn't lead to the 1 000 000€ you are stating at the end of that ;)
    And remember that once a licence is sold, you have to wait a year for renewal (if it works like that) before receiving another batch of money.
  8. captainslater

    captainslater Well-Known Member

    And of course you have to sell 10.000 licenses first, that's quiet a sum.
  9. Floris

    Floris Guest

    You need budgets for marketing, advertising, investing, development, hiring employee and staff, leasing an office, private parties with customers who have over 1,000 posts, etc.

    Getting your first 100 customers I suspect is going to be easy. Getting the first 2,500 is a goal.
    Turning that 2,500 into 25,000 in a period of three years to remain profitable is a challenge.

    No matter how many they sell for what price and what costs they have. It's not really our business besides that we hope it is a successful business for them. It only makes me feel that when money flows there's a future in the development of the product, which means that I benefit from that for my web site.
    Greg, Anthony Parsons, Onimua and 2 others like this.
  10. MtoR

    MtoR Well-Known Member

    Totally agree, that means the platform is fair enough and users appreciate it so your websites are more attractive :)
  11. welshstew

    welshstew Active Member

    Net Sales wise yes, but not in terms of gross profit or net income
  12. welshstew

    welshstew Active Member

    I like the sound of that - off to post some more...
  13. Erik

    Erik Well-Known Member

    Keep in mind a lot of that money goes back into developing the product. :)
  14. jonsidneyb

    jonsidneyb Well-Known Member

    Taxes take more than some people know and the costs for support can be quite high as well.
  15. cedivad

    cedivad Active Member

    Taxes here in italy are the 50% of what you earn.
    I think they are not so high there anyway =)
  16. Cezz

    Cezz Well-Known Member

    No, Tax in the UK takes about 25% of your income... however this is a limited company so the company will be taxed and then so with Kier and Mike when they withdraw their salary.

    As others have said $1,000,,000 sounds nice, but when you take into consideration that there is three people in the team, Mike, Kier Ashley... They have running costs, taxes etc and that with a product like this they never know if sales will drop for a while before the renewals are due and they pick back up it's not that much...

    Also 10,000 is quite a lot of sales in that period, but even so I hope they manage it because the more financially sound the company is the longer we will see them developing a great product.
    RockCake likes this.
  17. cedivad

    cedivad Active Member

    I'm quite sure that after all they will come back home with just some great salary. Something in the range of 100k€/year.
    However i hope they earns some Bilion so they buy I.B. :D

    Lol this makes me laught to much :D
    Green Cat and RockCake like this.
  18. welshstew

    welshstew Active Member

    Tax in the UK is a pain - but I'm guessing as the guys are producing a good (as opposed to a service) they can claim relief from VAT so that should help them - not us though :(

    They still have to pay corporation tax, which I think is around 19%, plus NI contributions, plus all the other stuff people have mentioned.
  19. welshstew

    welshstew Active Member

    For individuals it is 23% at the lower level and 40% at its highest
    oh and you also have to pay NI contributions...
  20. cedivad

    cedivad Active Member

    Why don't you open a panama/honk kong limited?
    I'm serious. Just like megaupload :D

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