Questions tagged [business-plan]

A list of overarching goals for a company, along with an outline of how the company plans to accomplish those goals.

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2 answers
118 views

I have youtube channel, how do I convert requests in comments to income?

This is my youtube channel it basically about coding - YT Channel Link Few people request work or quires regarding how can I use this opportunity to generate revenue as my YT channel does not generate ...
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2 votes
0 answers
33 views

How to explain or break down the Executive Summary of Business Plan

I am doing a business plan for a new start up business and I wrote an Executive Summary but client wants to take it out. I want to have a more detailed explanation on the importance of the Executive ...
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6 votes
1 answer
134 views

To expand business or increase rates?

I'll preface this by saying that this isn't my exact situation, but it's close and it could be some day in the not too far off future. But mostly it's something I think about a lot and am curious how ...
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2 votes
0 answers
50 views

How do we Enter Global IT Market Global Market like the USA, Europe or Australia

I am based on south Asia and I am doing freelancing service through Fiverr. Currently I am expanding my services with professional Team. But I have no idea about entering to Global Market. My ...
5 votes
2 answers
207 views

Declined project

I had a meeting with a potential customer last week and I decided to decline any further planning of the project and now I'm not sure if I shouldn't have done that. The customer is looking for some ...
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4 votes
2 answers
204 views

Leaving my full time job for 1 client

About a year ago I tried to start a consulting company. approached potential clients with my services but did not get anywhere. I am now working full time and one of them has come back to me and would ...
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1 vote
1 answer
54 views

How to offer software license discounts to students with confirmation?

I hope this is the right place. I'm a few months away from releasing my first software product that is not SaaS, but downloadable (engineering visualization tool) and am working on ideas about how to ...
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0 votes
3 answers
168 views

Is there such a thing as an "Idea Developer"?

I think this is the right spot for this: I have an engineering background, I've done project management, and I'm currently working on helping my group become compliant with a new standard for us. I'm ...
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2 votes
2 answers
103 views

How can I justify my opinion about app release?

I've started a new project with a college classmate. We wanted to develop a mobile app, which we thought wasn't invented yet. Doing some research, we found out that the idea already existed; and it ...
2 votes
1 answer
117 views

How can I sell to Big Clients?

I own, for about a year now, a one-man Software Firm that works with projects in the Industrial Automation and Data Telemetry market. My initial goal when started this firm was to develop software ...
-1 votes
2 answers
97 views

Viability of a plan to get experience and to grow portfolio

I am a young iOS programmer with a good amount of experience. I have been doing iOS programming for five or six years I have a couple finished apps on the App Store that are very aesthetic and that I ...
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1 vote
1 answer
66 views

How to ask for increase the budget for a freelancing project

I have agreed to work complete the mobile App project. The client had spoken to me expressing the idea of the App. to give some Technical structure for their idea had designed supporting Database ...
-1 votes
2 answers
113 views

Does the success of a website depend not only on the number of visits but on the target population too?

I think of building a website (may be with an android app too) that has games for kids (to train the brain, memory, attention ...etc). In case all goes well, how would the economic model be? I don't ...
-1 votes
1 answer
170 views

Freelance Business Plan

I plan on working as a Freelance developer. But here in the UAE, one has to acquire a Freelance license. For this to be granted, you have to submit a business plan. The question is, how should a ...
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5 votes
3 answers
224 views

Inflated business area, what to do?

In short words: I am a web designer / developer (front end and back end). I do that proficiently since more than 10 years, and I am appreciated and good skilled in designing and programming. I work ...
2 votes
1 answer
135 views

Business plan for developers

I hope this is the right piace to ask my question. I'm an electronic developer with knowledge in hardware, firmware and a bit of software. Ten years ago I began my own freelance activity. I never ...
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2 votes
4 answers
937 views

Offering equity instead of pay -- yes or no?

I don't know if this is the right place to ask, but I was wondering if it is a fair exchange to offer equity instead of payment for services in business. For example, "John" signs a contract stating ...
6 votes
3 answers
140 views

What is an appropriate safety net for equipment failure?

I'm a one-man shop. Have a few separate computer systems: Primary desktop workhorse where 90% of my work is completed. Laptop, capable of some work (apps installed), but in general used for ...
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3 votes
3 answers
238 views

How important is it to be a nice guy to your clients?

How important is it to be a nice guy to my clients? Specifically, I'm wondering if I need to make efforts outside my work responsibility. The other option is getting the work done and leaving. The ...
2 votes
1 answer
84 views

Making a product that sells without a hassle

I'm planning to make an electronic toy for kids. I was wondering if I'm allowed to sell it if I decide to mass produce. I'm guessing electronics goes under some kind of safety license. The voltage ...
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2 votes
1 answer
64 views

Shares in the business

A close friend has decided to hire me to do some web developing work. In addition, if (when?) the project is successful, he is interested to have me onboard as a business partner overlooking the ...
1 vote
0 answers
52 views

What do I have to do as a freelancer to make sure my work is legal? [closed]

I am a freelancer who works in a variety of different fields doing odd jobs for multiple people, usually weekly. Right now I make about $50 a week, however, I have been considering contacting more ...
2 votes
3 answers
1k views

is NDA valid just because you signed it and had no further work

i got in touch with a person last year regarding one of his projects, and he wanted me to start working after we sign the NDA, and so i did as he seemed very assuring about the project and all. but we ...
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2 votes
2 answers
174 views

Next skills to learn?

I'm an engineer looking to future-proof my earning potential and open up some freelancing opportunities. My degree is in electrical engineering, but most of my professional experience involves working ...
2 votes
2 answers
234 views

A specific case of not knowing how much I'm worth? [closed]

I'm a web developer. I'm 19 years old. I've been working for a year as a contractor doing full-stack development for...$12. Yes. $12 an hour. I decided to take my destiny into my own hands and start a ...
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6 votes
2 answers
195 views

Could I theoretically make money by creating software Linux distro needs? [closed]

I have an idea to listen to what the Linux community needs and to create some simple applications for it. Basically, I would start off with one of the most popular Linux distros at the moment, and ...
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0 votes
2 answers
147 views

Next level of freelancing and growth

I have been doing freelancing as a developer for last 6 years. Initially I started while I was on job but now I am doing full time freelancing. There was a time when I was getting more work than I ...
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6 votes
2 answers
2k views

Which country is the best to incorporate business for a freelance developer?

Most of my clients located in USA, however I have ability to open business in Europe, Asia or USA. Which country is the best in terms of taxation? Thanks,
0 votes
1 answer
219 views

How to look for new business / clients [duplicate]

I am new to the freelancing and need some pointers about how to search for new business or clients. My area of expertise are in Web Application Development both Client and server side which includes ...
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7 votes
4 answers
342 views

How to wisely spend money on improving my freelance business to result in a steady stream of income?

I want to spend some part of my monthly freelance income in a smart way to promote my services, build a stronger personal brand and do other things that will help me in finding higher-profile clients, ...
2 votes
1 answer
424 views

What legal benefits are there to working as a sole proprietor vs. a freelancer?

I do not have employees, but I may hire independent contractors in the future. I am currently working as a freelancer. but I am contemplating becoming a sole proprietor. It's really cheap, so I figure ...
5 votes
2 answers
157 views

When hiring my first employee, what should be my main "HR" concerns?

I've been a solopreneur for a number of years now, and when my son was old enough, I got him involved in helping with my business. But he is off to college soon and I will need to hire a replacement ...
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7 votes
3 answers
159 views

Company stability

I am the owner of a small company, self-employed and working with freelancers every now and then. Working in a high-tech area (IT), selling a software packet and delivering development services. I ...
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3 votes
1 answer
297 views

Freelancer: Business Entity or Individual?

I am a freelancer front-end web developer based in India. I have worked with clients in Canada, US and India. I have been freelancing full-time since the past three months and the projects are getting ...
3 votes
3 answers
239 views

Hiring another freelancer for help

I'm starting to run into a small situation. I am a freelance web developer to build websites, build web applications and fix mistakes of past projects. I make pretty good money now doing this, but I ...
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5 votes
8 answers
465 views

Lack of Sleeping for Projects

This is my habit issue, which a lot of my technology friends say is a bad idea: For me to finish a small project, that takes me about a week, I do not sleep for up to three days to get it done as ...
's user avatar
5 votes
3 answers
336 views

Are there any disadvantages of taking work based on a retainer?

I normally just charge an hourly rate of time and materials. A potential client has asked to perform work on a retainer basis. I'm slightly concerned that since my business is mostly based cash upon ...
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1 vote
2 answers
402 views

How to effectively gain constant income [closed]

this is my first time posting in here, so please let me know if this kind of question is inappropriate. I will be an IT graduate this coming April, and wanted to be a programmer since I entered ...
9 votes
3 answers
684 views

Seeking advice on web design startup

Can anyone with experience in running a start-up software/web design business give me a few solid recommendations on how your general client experience works? I'm interested in what sort of ...
6 votes
1 answer
114 views

Choosing the right partners

I've started an initiative with two of my co-workers a year ago. We kicked off great but after a couple of months, they both started to skip work with no reason. I don't want to throw away our 3-4 ...
21 votes
7 answers
2k views

How to build passive income instead of just selling work hours?

As freelancers we mostly sell work hours. The income is directly affected by the amount of work we put in. Is there a better business model? Something that will gradually grow into a stable passive ...
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4 votes
2 answers
531 views

How can I improve my Research & Analysis process for my future projects as a Web Developer?

Briefing: I'm a freelance web developer and I charge by the hour. I realized that my previous Research & Analysis process was very inefficient and I'm looking to improve that to save more time ...
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3 votes
2 answers
429 views

How can I organize my payment procedures to assure that I'm getting paid without excessive pressure on the client?

Briefing: I recently decided to get serious about establishing my freelance web development business and one of my biggest issues thus far is with the payment procedures. In the past, I used to ...
  • 520
3 votes
1 answer
96 views

Is pet business insurance required for a dog walking business?

My fiance has decided that she wants to start a dog walking business here in Florida. We've already discussed her forming an LLC to protect her from liability but she also mentioned having dog ...
12 votes
1 answer
529 views

Freelance Consulting while Employed

What options do IT consultants have if they're interested in expanding their skillset with engagements outside of their corporate employer? I'm interested in the fast-paced lifestyle of freelance ...
4 votes
1 answer
299 views

Writing my first business plan. How do I know what to put in the pro forma balance sheets and financial targets?

I am writing my first business plan. I have gotten through the marketing and operations sections but now I am into the financial section and feel a bit lost. I haven't really gotten my business ...
3 votes
1 answer
117 views

How do I write a good business plan? [closed]

There are several benefits to writing a business plan, but as someone who never wrote one up, I would like to know, for a small, one man business: How should I approach writing one? What should it ...
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17 votes
4 answers
379 views

Do I need a formal business plan to run a successful freelance business?

In the UK, HMRC have created some tests to determine whether you are in business of your own account, one of which is that you have a business plan that gets updated regularly. Initially in response ...
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