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Anyhow, staff is gonna be rich.

cedivad

Active member
#1
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
 

Eric J.

Well-known member
#2
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.
 

Onimua

Well-known member
#3
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
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!
 

jonsidneyb

Well-known member
#5
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.
 

MtoR

Well-known member
#7
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
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.
 
F

Floris

Guest
#9
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.
 

MtoR

Well-known member
#10
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.
Totally agree, that means the platform is fair enough and users appreciate it so your websites are more attractive :)
 

Cezz

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

cedivad

Active member
#17
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
 

welshstew

Active member
#18
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.