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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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airruiz
Joined: 01 Dec 2006
Posts: 1
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| Posted: Fri Dec 01, 2006 1:17 pm Post subject: Evaluate Custom Software |
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| What is the best way to evaluate, by that i mean appraise a custom built sofware. The two options i have are to give the cost associated in creating the software. Hourly rate plus my fixed mark up. Or by lines of code. If any one has experiance with this or might know where i may find this information i will really appriciate it. |
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Bryancpa
Joined: 15 Aug 2005
Posts: 190
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| Posted: Wed Jan 10, 2007 6:25 pm Post subject: |
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| Appraisels ultimately are always based on the value someone is willing to pay, regardless of the time it took to create, or the lines of code. To determine that, instead you should compare price points of the competitor's software to see what others are paying. |
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