Stealth • 3m
Here are the key steps to effectively provide these services and consider financial aspects: 1. Service Delivery Method: Choose between video lectures, live sessions, or other formats. 2. Cost Calculation: - Server Costs: Account for storage, bandwidth, and scalability. - Developer and Maintenance Costs: Include salaries, updates, and support. 3. Financial Planning: - Monthly Burn Rate: Assess monthly expenses. - Pricing Strategy: Ensure competitive and sustainable pricing. 4. Forecasting and Funding: - Realistic Forecasting: Prepare for deviations from forecasts. - Contingency Funds: Maintain extra funds for unforeseen expenses. 5. Additional Considerations: - Market Analysis: Research customer needs and competition. - Scalability: Ensure infrastructure can grow with demand. - Quality Assurance: Invest in maintaining high standards. - Customer Support: Set up robust support for queries and issues.
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