Anyhow, staff is gonna be rich.
- Thread starter cedivad
- Start date
Anthony Parsons
Well-known 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!!!
Like your enthusiasm, but as stated, its a bit more complicated than that. When you factor in all things, I think it will be more like most businesses starting off; being scratching your bum to make ends meet for the first year or two until you get well established, get familiar with your companies income stream, real costs, hidden costs, etc. My wife is in the financial field running her own company, and trust me, she has some rather large scale clients who drive top level BMW's, Mercedes, Audi, Maserati's, spend $50k a month personal spending, etc etc... and many of them who just splash cash around are now in the poo financially with the tax department, debtors, creditors, etc, etc. The one's doing really well, but spending thriftily, managing their money and making well informed decisions, seem to continue making money / keeping their head above water financially. She can immediately tell who will have issues due to their lifestyle choices and attitude. Even the small business clients who have to have the fancy this, fancy that, when starting out... and even after advice, they can't be told, then suddenly they have zero dollars to pay wages, and suddenly find employee's walking out the door, business closes or struggles more than it need too. They get into debt higher than they can afford to repay, and wonder what went wrong when the bank is knocking on the door.
Smart business owners spend very wisely and always seek professional, expert advice before making financial decisions / ensure they are meeting all taxation requirements, laws, etc. Nothing worse than being in business and suddenly having a $30k out of the blue tax notice overdue for monies you didn't know you had to pay.
Anthony Parsons
Well-known member
The stupid thing I still can't wrap my head around at times, is the missus is one of these experts you would seek advice from within Australia, though the very people who seek advice and services from her, then disregard what they are told / how to get themselves out of the poo... then wonder what went wrong. It baffles me still even after all these years.
hulnu
New 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!!!
I don't think you have any idea about what your talking about...
cedivad
Active member
I was just joking, i thought it was clear =)
Vincent
Well-known member
Was clear to me
But hey, I invite you to start your own forum; more options for me, and more competition for the rest. Which means better options for me.
I'mma start developing ZenFora I think.
Vincent
Well-known member
Nope, Vin means wine, so it would mean Wine Forum, which people will think it's called Whine Forum
I'm thinking of a combination of Floris and Fora, but I can only think about Flore, which means Flower
TNCclubman
Well-known member
Imagine if they sell 1 million copies... thats $100,000,000 euros. Thats alot of money! Oh ya, I forgot tax... they're screwed...
lol
lol
TNCclubman
Well-known member
Ummmm, most of us pay that and we do it without the $1 million... It will be a drop in the bucket compared to that income. lol
jonsidneyb
Well-known member
They are going to lose money on quite a few members. The cost of customer service is quite high.
Some members are going to call customer support regularly and you have to pay for the staff for that, pay for the facility for that, pay for the tool and training for that.
Costs creep up all over the place.
Some members are going to call customer support regularly and you have to pay for the staff for that, pay for the facility for that, pay for the tool and training for that.
Costs creep up all over the place.
Vincent
Well-known member
Yeah, but now they don't get money yet
Anyhow, this site prolly runs on a very good Dedicated server
jonsidneyb
Well-known member
For some businesses, staying in compliance with rules and regulations costs them as much as or more than the product they produce. I don't think it will be the case here but it will cost them something.
jonsidneyb
Well-known member
Are there even a million forums on the internet? I really don't know the number for forums out there. Just wondering.
Onimua
Well-known member
More than likely. There are over 500 million people on Facebook, and if 1/4 of them were administrators of some kind, then yes, that'd be over a million forums.
jonsidneyb
Well-known member
I thought I saw someplace that stated how many copies of vB have ever sold in all versions. I wish I knew how many that was.
wizzard
Active member
Where are you getting your tax figures from? Income Tax is 20% in the UK for those earning less than £37,400 a year. That's just for individuals.
Then there's corporation tax on any profit, however that can be negated by taking a dividend instead of a salary as a director.
Then there's corporation tax on any profit, however that can be negated by taking a dividend instead of a salary as a director.
jonsidneyb
Well-known member
Dang...UK tax is low.
Wait....it hits you in other taxes like VAT and such.
Wait....it hits you in other taxes like VAT and such.
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