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Selling Source Code
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Forum:
Visual FoxPro
Category:
Contracts, agreements and general business
Miscellaneous
Thread ID:
01658101
Message ID:
01658108
Views:
85
>Hi,
>
>I have been developing VFP/VPM apps for many years and wish to retire within the next 2 years. I have 2 large systems, Court and Foreclosure/Bankruptcy, and 8 smaller ones. I own the Source Code for all. The clients will need a new developer to maintain the systems and I would suggest to them to purchase the Source Code and let a new developer use it.
>
>My question is what are your experiences/suggestions concerning the pricing of the code?
>
>Bill

I think the answer depends on what kind of income your software can generate for a "new" developer. I am kind of in a similar "boat" as you are (age wise). I have a vertical market application. The support money my application brings can generate between 50K and 100K for the next so many years (if I don't add new customer(s)). I figured that I would not be able to find a relatively young developer who is willing to learn VFP and work for this money (even though I enjoy big time the freedom to run my own business and work my hours). So, I plan to work as long as I have at least 40K in income. I am sure my customers won't have any problem to find a competitive product and convert my data (just as I have done for year with my competition).
Just my 5 cents.
"The creative process is nothing but a series of crises." Isaac Bashevis Singer
"My experience is that as soon as people are old enough to know better, they don't know anything at all." Oscar Wilde
"If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too." W.Somerset Maugham
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