«
»

Work

Hidden Startup Costs

03.02.09 | Comment?

I have been spending time lately developing some apps for the iPhone/iPod Touch platform. Now that I have some stuff that is close to being ready to release, I am faced with a dilemma: do I release the apps under my name or do I create some sort of company name?

I think it is clear that the latter is preferable, although there is no need for a sophisticated structure like a corporation. A simple DBA will do nicely. For those who haven't dealt with this nonsense before, DBA stands for "doing business as" and it describes a situation in which one legal entity (in this case, me) does business under another name, called a fictitious name. So, legally everything would still be the same as if I left things in my name, but it could have a cooler name.

Looking into it, I find that the state charges a fee of $70 for registering a fictitious name. Not too bad, really, although that is on top of the $99 I'll have to pay Apple to be a registered developer. So, that puts the costs as $169 so far.

And, of course, there is more. As part of registering a fictitious name, you have to advertise the registration in a local general newspaper and a local legal newspaper. The local legal newspaper is the Pittsburgh Legal Journal. They have special advertising forms just for this type of ad, and they charge $106 for the privilege. That puts us up to $275. The Tribune Review does not list their classified advertising rates online (seriously? it's 2009, guys!), but the Post Gazette does. It will charge a tidy $128 for a fictitious name notice, which brings us to $403.

I hope people other than me like my apps. As hobbies go, this one isn't as expensive as some I suppose, but it costs more than just some time on the Mac in the evening. Sigh.

Tags:

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

:

:


«
»