How to Plan a Good Budget for Your Upcoming App Development Project

an app development project underway

App development is a critical part of business expansion. If your business is performing exceptionally well and you’re interested in reeling in even greater revenue, a power-packed app will help you check this box off the list.

According to research, 18.6 million people use smartphones in Australia. This number is expected to increase in 2023 as smartphone use reaches unprecedented heights.

As a business owner, you can reach a much wider audience by launching a well-designed, well-developed, and high-performing app.

Before you begin, make sure you set the right app development budget to meet your goals without any setbacks. Use this guide to get started.

1. Estimate the Total Cost as Accurately as Possible

an app development budget template

Accurate cost estimation is extremely important when it comes to app development. Calculate the total cost of the project. Keep everything in mind: app developer rates (based on experience and expertise), app feature prices, and app development technology rates.

Entry-level app developers handle simple tasks like debugging, code documentation, app maintenance, and other similar requests. Intermediate developers bring more to the table: general expertise and insight into new feature requests.

If you hire a senior developer, your project is in good hands. Enjoy seamless app development with advanced features and compelling design. Of course, the price tag will also increase.

Platforms also affect the rates. iOS developers charge more than Android developers. If you want additional in-app features, they’ll cost you more. Owing to the high smartphone use in Australia, app development is an area you should invest in without hesitation.

However, don’t do this blindly. Estimate the total cost of the project and collect the required funds accordingly.

Recommended Read: X Features of a Great App for Tech Brands

2. Stick to the Plan From the Get-Go

Many businesses make the mistake of changing their app development plans halfway through. If you do this, you’ll have to increase your budget. This isn’t easy to do once you’ve launched a project. Depending on where you pull cash from, other business activities and departments will be affected.

Avoid this situation entirely by planning like a seasoned pro. Specify each app requirement from the beginning and avoid dramatically veering off course. Of course, a little deviation here and there is acceptable. However, follow your original plans to a tee for the most part.

This is why organised planning during the initial stages is imperative. It will help you avoid critical errors and stay on track.

3. Work with Experts

a professional app developer discussing a project with a client in an office

You may feel tempted to cut as many corners as you possibly can. While on paper, it may sound like this approach will save you money, in practice, it’ll actually end up doing a lot more harm.

Instead of hiring entry-level app developers and skimping on critical features, hire experienced professionals and equip your app with all the required features. You don’t have to get all the bells and whistles. However, check the essentials off the list and throw a few extra features in there for good measure.

A seamless app will help you rank higher on Google SERPs (mobile-friendliness is a major ranking factor), generate more traffic, reel in more revenue, and prompt, consistent business growth. Make a smart investment, budget well, and let the remaining cards fall into place on their own.

Are you ready to kick-start your upcoming app development project? If you need a hand, we’re here to help. At TocToc, we provide professional app development services to clients across Sydney and Canberra.

Our development specialists use compelling designs and cutting-edge features to help your app cut through the noise and stand out in your local industry. Whether you’re interested in launching a healthcare app, retail app, tech app, or any other B2B or B2C app, contact our team today.

We also provide content marketing, SEO, web design and development, and email marketing services across Australia. If you have any questions about app development budgeting or TocToc’s app development services, our team will be happy to assist. Let’s begin!

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