I am working on a new app project. Should I create a specific company for it, or develop it as a product of my existing digital agency?
Hi all,
So I'm working on a new website/app project, still very early stage.
I'm thinking of two possibilities :
- Register a new company for this app
- Develop it as a product of my existing digital agency
Pros and cons of these options?
Thanks,
Simo
Posted Apr 27, 2016, 11:25 PM UTC
12
So many things can go wrong when developing a new product/app that i don't think you should worry about creating a new company for it yet - just use the one you already have.
If things take off then it might make more sense for you to create a company for it. You can easily transfer the app to your new company once it's set up if that's what you decide to do.