How to start a game development company?
To start a game development company, we need to have some good ideas and plans. Few points are to be determined first :
(1) Planning :
At first, you need a proper plan which can be executed. How you want to run the company, which products you may produce and sell, how many employees you need and how much you can afford - these are the things you need to determine first.
(2) Target Audience :
This portion is a part of your planning. You need to set up your targeted audience and then you have to follow the path to earn the most profit.
(3) Expenses for the company :
Now you need to think of the expenses. What type of games you want to produce, sell and how many employees you need to run the business - these are the things you need to focus on. A rough estimation of these things may give you an idea of the cost to run your business.
(4) Legal Registration :
To run your business legally, you need legal arrangements such as getting legal domains, government approval, tax registration and so on. For this purpose, you may hire an agent who will look after these matters. But you have to keep an eye on this subject matter because anything illegal may shatter the hope of your business.
(5) Obtaining Necessary Permission and Copyright :
After setting up the legal arrangements, you might need some necessary permission from a state officer or from somewhere else. You need to think of the copyright issues as well. As it is a complex idea, you need a crystal clear idea about this topic. Other trademarks, license all must be clear, attested and you should keep it with you.
(6) Business account and insurance :
A business account is an important concept. As you will earn profit from your business, you need a proper calculation of your spending and how much you're making. Moreover, you may introduce some products that can only be bought using a credit or debit card. So, a business account is a must item for your company. Again, if you want to stay in this business for a long time, you need your company's insurance to get help in case of any kind of financial well-being's.
Apart from these, there are also some criteria you need to follow. Like,
(i) Having a unique company name.
(ii) Prioritize working experience
(iii) Unique idea
(iv) Well collaboration with the employees.
(v) Joining events and seminars
(vi) Accelerate game development
(vii) Having a dynamic and eye orgasmic web site.
(viii) Improving game stability and reducing bugs.
(ix) Ensure player entertainment
(x) Receiving feedback from the players