How much does an app cost?
Some of our low functionality and few features’ applications have a cash overlay of only $30,000 to $45,000 whereas the industry average applications with high functionality and a lot of features have a cash overlay of between $80,000 to $95,000. Finally, for applications that require very high functionality and need to be feature rich with exceptional business models (that either already exist or are industry growth potentials) have a cash overlay of anywhere from $150,000 to $500,000 or more.
How long does it take to develop an application?
On average, a feature rich application with good flow and functionality requires at minimum 3 months of work time to be launch-ready or fully developed. This range can be between 3 – 6 months depending on the complexity of the application and the scope of work.
How can I protect my idea?
When you have a specific functionality that needs to be protected, generally a non-disclosure agreement is sufficient. Your idea however cannot be fully protected in this regard. You can’t protect an idea but you can protect the functionality and the execution of it.