Member Avatar for lucabrasi

i m opening my own software company so anyone if know the process please share
thanks in adavnce

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A concise, practical primer for — the thread already raises the two critical early questions: where the company will be based () and what kind of product it will sell (). Contributions like ’s point about focusing on product are useful; the guidance below fills gaps the replies haven’t addressed with concrete, actionable priorities and cautions.

Begin by defining a narrow target customer and the exact problem to solve, then run very small, measurable tests of willingness to pay (simple landing page, paid pilot, or pre‑paid beta). Build a minimal solution that proves the core value proposition before expanding features. Make an explicit choice about the business model (SaaS/subscription, perpetual license, app‑store distribution, consulting/implementation), because that decision drives engineering, support, pricing, and compliance requirements.

Operational and legal basics should follow initial validation and depend on jurisdiction and funding plans. Typical items are entity selection (LLC, corporation, etc.), business bank account, tax registration, bookkeeping, and clear work‑for‑hire or contractor agreements that assign IP. Audit any third‑party/open‑source components for license obligations. If handling personal data or selling across borders, identify privacy and sales‑tax rules early; these vary by country and state.

  • Define target customer and the single problem to solve.
  • Run a low‑cost test of willingness to pay (landing page, pilot, preorder).
  • Build an MVP that proves value and tracks conversion.
  • Pick the business model and initial pricing approach.
  • Put contractor/hire agreements and IP assignment in writing.
  • Register the business and open a bank account once revenue signals exist.
  • Audit open‑source licenses and basic privacy/tax obligations.
  • Track simple metrics: revenue, CAC (customer acquisition cost), LTV (lifetime value), churn.

Validation and early revenue should guide the timing of formalities; legal, tax, and registration steps differ by jurisdiction and are best handled with local accountant and attorney input once the product and market fit begin to show.

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Member Avatar for debasisdas

What company, what are you going to deal with.

On which part of this planet ?

Member Avatar for AndreRet

Software is a wide based platform. Are you going to develop only, sell software, is it web based or desktop based etc?

Member Avatar for BitBlt

1. Write some software
2. Sell some copies
3. Repeat until wealthy

All the rest is just details...business licenses, tax id's, banking, that vary widely from place to place and country to country and usually require lawyers somewhere. Then business locations, staffing, equipment, etc. that are pretty standard. My advice: hook up early with a good accountant and a good lawyer. Second advice: make sure you have a product to sell before doing any of the rest of these details.

Of course, there is also:
1. Find some guy who wrote some software
2. Sign a distribution deal
3. Sell some copies
4. Repeat until wealthy

For the cynical (tongue planted firmly in cheek):
1. Talk about some software you're going to write until someone gives you money to develop it
2. Start to develop the software
3. Talk about costs and overruns until you get more money
4. Repeat (3) until a. You finish or b. You run out of money
5. Repeat until wealthy or bankrupt

Good luck on your new business! I really hope you do well.

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