Hi,
I too am also considering starting my own business.
Nine weeks ago, I was made redundant from a software solutions company .. where I worked for ten years, so I have a lot of systems-building experience.
The software I would build would be built in MS Access. So obviously, nothing incredibly large or 'involved' (i.e. just reporting systems, library systems, ordering systems and the like) .. perfect for a one-person business, I think.
Anyway, this is my first time going it alone and I admit I'm naive when it comes to the issue of 'pricing'.
Can anyone help? I would need to figure out how to charge for the building or purchasing of my product (MS Access fully-functional database management systems, with sophisticated front-end included).
I imagine the cost of my systems would be a one-off fee for the customer, with an extra maintenance/support charge which itself would be on a contract basis and once-a-month or once-every-six-months or once-a-year, etc.
But how do I figure out (1) this one-off fee for the initial cost .. and how do I figure out (2) the cost of the contract? (I did hear from a friend of a friend that maintenance contracts are priced as per being 12.5% the initial cost of the system. Is this standard?)
Thanks in advance,
Saw.