Quote:
Originally Posted by chrishirst
Do you have the $50,00 to $100,000 it will take to get a payment processor fully licenced, fully secured and fully insured.
Could you produce the $30,000 a year it will cost to maintain the servers and security for the first four or five years?
How about the $50,000 plus a year it will cost to promote it?
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.com Domain average price = $12 a year.
$100,000 to get licensed, insured and security measures implemented.
~$50,000 a year for the servers.
Another ~$40,000 for maintenance and security a year.
Another ~$50,000 for promotion and advertising.
Math time!
Based on a 12 year scale:
Domain: $144
Initial charges for licensing, insurance and security measures: $100,000
Servers for 12 years: $600,000
Maintenance and security for 12 years: $480,000
Promotion and Advertising costs for 12 years: $600,000
Total costs for 12 years time: $1,780,144 |
