{"id":9516,"date":"2019-01-09T00:25:46","date_gmt":"2019-01-09T00:25:46","guid":{"rendered":"https:\/\/www.growthink.com\/?page_id=9516"},"modified":"2025-10-02T19:26:53","modified_gmt":"2025-10-02T19:26:53","slug":"how-to-start-an-app-development-business","status":"publish","type":"page","link":"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business","title":{"rendered":"How to Start a Mobile App Business"},"content":{"rendered":"<style>ul>li{padding-bottom:10px}ol>li{padding-bottom:10px}<\/style>\n<style>.btn-right{background-color:#294961;border:0;color:white;padding:10px 20px;text-align:center;text-decoration:none;display:inline-block;font-size:17px;padding:16px 31px;border-radius:8px;margin:14px 2px;cursor:pointer}.btn-right:hover{background-color:#005900;color:white}<\/style>\n<style>@media only screen and (max-width:480px){.btn-right{max-width:600px!important;width:100%!important;padding:8px;font-size:10px}<\/style>\n<style>.promob{background-color:#0b3d56;padding:10px 20px 8px 20px;color:#41495b}.promog{background-color:#eee;padding:10px 3px 8px 3px;margin:0;color:#41495b}.promow{background-color:#fff;border-right:1px solid #0b3d56;border-left:1px solid #0b3d56;border-bottom:1px solid #0b3d56;padding:8px 0 8px 0;justify-content:center;color:#41495b}<\/style>\n<style>ul{display:inline-block;text-align:left}<\/style>\n<style>#ul-stars{padding-left:0}<\/style>\n<style>@media only screen and (max-width:480px){.promob{max-width:600px!important;width:100%!important}.promog{max-width:600px!important;width:100%!important}<\/style>\n<style>@media only screen and (max-width:480px){.promow{max-width:600px!important;width:100%!important}<\/style>\n<div id=\"leading_article\">\n<img fetchpriority=\"high\" decoding=\"async\" src=\"\/wp-content\/uploads\/how-to-start-an-App-1.png\" alt=\"How to Start a Mobile App Business\" width=\"1078\" height=\"475\" \/><\/p>\n<p><strong>ON THIS PAGE<\/strong><\/p>\n<ul>\n<li><a href=\"#htsmab01\">How To Start a Mobile App Business<\/a><\/li>\n<li><a href=\"#htsmab02\">How To Start a Mobile App Business FAQs<\/a><\/li>\n<li><a href=\"#htsmab03\">Helpful Slideshows, Videos &#038; Images<\/a><\/li>\n<li><a href=\"#htsmab\">Additional Resources in the Mobile App Industry<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2 id=\"htsmab01\">How to Start a Mobile App Business<\/h2>\n<p>Starting a mobile app business can be very profitable. With proper planning, execution and hard work, you can enjoy great success. Below you will learn how to start an app successfully.<\/p>\n<p><strong>Importantly, a critical step in starting a mobile app business is to complete your business plan. To help you out, you should download <a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\">Growthink\u2019s Ultimate Mobile App Business Plan Template here<\/a>.<\/strong><\/p>\n<p align=\"center\"><button class=\"btn-right\" onclick=\" window.open('https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo','_blank')\">Download our Ultimate Mobile App Business Plan Template here\u2014><\/button><\/p>\n<h3>15 Steps To Start a Mobile App Business<\/h3>\n<ol>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep01\">Choose the Name for Your Mobile App Business<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep02\">Develop Your Mobile App Business Plan<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep03\">Choose the Legal Structure for Your Mobile App Business<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep04\">Secure Startup Funding for Your Mobile App Business (If Needed)<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep05\">Secure a Location for Your Business<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep06\">Register Your Mobile App Business With the IRS<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep07\">Open a Business Bank Account<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep08\">Get a Business Credit Card<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep09\">Get the Required Business Licenses and Permits<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep10\">Get Business Insurance for Your Mobile App Business<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep11\">Buy or Lease the Right Mobile App Business Equipment<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep12\">Develop Your Mobile App Marketing Materials<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep13\">Purchase and Setup the Software Needed to Run Your Mobile App Business<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep14\">Build Your Team<\/a><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><a href=\"#mobileappstep15\">Open for Business<\/a><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h3 id=\"mobileappstep01\">1. Choose the Name for Your Mobile App Business<\/h3>\n<p>The first step to starting a mobile app development business is to choose your business&#8217; name.<br \/>\nThis is a very important choice since your company name is your brand and will last for the lifetime of your business. Ideally you choose a name that is meaningful and memorable. Here are some tips for choosing a name for your mobile app business:<\/p>\n<ol>\n<li><b>Make sure the name is available.<\/b> Check your desired name against trademark databases and your state\u2019s list of registered business names to see if it\u2019s available. Also check<br \/>\nto see if a suitable domain name is available.<\/li>\n<li><b>Keep it simple.<\/b> The best names are usually ones that are easy to remember, pronounce and spell.<\/li>\n<li><b>Think about marketing.<\/b> Come up with a name that reflects the desired brand and\/or focus of your software company.<\/li>\n<\/ol>\n<p><\/br><\/p>\n<h3 id=\"mobileappstep02\">2. Develop Your Mobile App Business Plan<\/h3>\n<p>One of the most important steps in starting a mobile app business is to develop your <a href=\"https:\/\/www.growthink.com\/businessplan\/help-center\/mobile-app-business-plan\">mobile app business plan<\/a>. The process of creating your plan ensures that you fully understand your market and your business strategy. The plan also provides you with a roadmap to follow and if needed, to present to funding sources to raise capital for your business.<\/p>\n<p>To enhance your planning process, incorporating insights from a\u00a0<a href=\"https:\/\/www.growthink.com\/businessplan\/help-center\/sample-mobile-app-business-plan\">sample mobile app business plan<\/a>\u00a0can be beneficial. This can provide you with a clearer perspective on industry standards and effective strategies, helping to solidify your own business approach.<\/p>\n<p>Your business plan should include the following sections:<\/p>\n<ol>\n<li><b>Executive Summary<\/b> &#8211; this section should summarize your entire business plan so readers can quickly understand the key details of your mobile app business.<\/li>\n<li><b>Company Overview<\/b> &#8211; this section tells the reader about the history of your mobile app business and what type of mobile app business you operate. For example, are you building hybrid apps or native apps? Will your app be available for purchase from different app stores? Will it undergo app store optimization for Apple\u2019s app store or another app store? Do you specialize in developing Android apps or iOS apps?\n<\/li>\n<li><b>Industry Analysis<\/b> &#8211; here you will document key information about the mobile app industry. Conduct market research and document how big the industry is and what trends are affecting it.<\/li>\n<li><b>Customer Analysis<\/b> &#8211; in this section, you will document who your ideal or target customers are and their demographics. For example, how old are they? What are their interests?<\/li>\n<li><b>Competitive Analysis<\/b> &#8211; here you will document the key direct and indirect competitors you will face and how you will build competitive advantage.\n<\/li>\n<li><b>Marketing Plan<\/b> &#8211; your app marketing plan should address the 4Ps: Product, Price, Promotions and Place.<\/li>\n<ul>\n<li><i>Product<\/i>: Determine and document what products\/services you will offer<\/li>\n<li><i>Prices<\/i>: Document the prices of your products\/services<\/li>\n<li><i>Place<\/i>: Where will your business be located and how will that location help you increase sales?<\/li>\n<li><i>Promotions<\/i>: What promotional methods will you use to attract customers to your mobile app? For example, you might decide to use pay-per-click advertising, public relations, search engine optimization and\/or social media marketing. You might also try to secure advertising on an app store to reach a larger audience or creating YouTube videos that showcase your user interface and all the features of your app.<\/li>\n<\/ul>\n<li><b>Operations Plan<\/b> &#8211; here you will determine the key processes you will need to run your day-to-day operations. You will also determine your staffing needs. Finally, in this section of your plan, you will create a projected growth timeline showing the milestones you hope to achieve in the coming years.<\/li>\n<li><b>Management Team<\/b> &#8211; this section details the background of your company\u2019s management team.<\/li>\n<li><b>Financial Plan<\/b> &#8211; finally, the financial plan answers questions including the following:<\/li>\n<ul>\n<li>What startup costs will you incur?<\/li>\n<li>How will your mobile app business make money?<\/li>\n<li>What are your projected sales and expenses for the next five years?<\/li>\n<li>Do you need to raise funding to launch your business?<\/li>\n<\/ul>\n<\/ol>\n<p><center><\/p>\n<div class=\"relatedpost\" style=\" width:85%; background-color: #e6e6ff ;  padding-bottom:0px\">\n<p id=\u201ccta\u201d><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-exclamation-circle-fill\" viewBox=\"0 0 16 16\">\n  <path d=\"M16 8A8 8 0 1 1 0 8a8 8 0 0 1 16 0zM8 4a.905.905 0 0 0-.9.995l.35 3.507a.552.552 0 0 0 1.1 0l.35-3.507A.905.905 0 0 0 8 4zm.002 6a1 1 0 1 0 0 2 1 1 0 0 0 0-2z\"\/>\n<\/svg>   <b>Finish Your Business Plan Today!<\/b><\/p>\n<p>If you\u2019d like to quickly and easily complete your business plan, download <a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\" target=\"_blank\" re=\"nofollow\">Growthink\u2019s Ultimate Mobile App Business Plan Template<\/a> and complete your plan and financial model in hours.<\/div>\n<p><\/center><\/p>\n<h3 style=\"padding-top: 15px;\" id=\"mobileappstep03\">3. Choose the Legal Structure for Your Mobile App Business<\/h3>\n<p>Next you need to choose a legal structure for your mobile app business and register it and your business name with the Secretary of State in each state where you operate your mobile app business.<br \/>\nBelow are the five most common legal structures:<\/p>\n<h4>1) Sole Proprietorship<\/h4>\n<p>A sole proprietorship is a business entity in which the owner of the mobile app business and the business are the same legal person. The owner of a sole proprietorship is responsible for all debts and obligations of the business. There are no formalities required to establish a sole proprietorship, and it is easy to set up and operate. The main advantage of a sole proprietorship is that it is simple and inexpensive to establish. The main disadvantage is that the owner is liable for all debts and obligations of the business.<\/p>\n<h4>2) Partnerships<\/h4>\n<p>A partnership is a legal structure that is popular among small businesses. It is an agreement between two or more people who want to start a software company together. The partners share in the profits and losses of the business.<\/p>\n<p>The advantages of a partnership are that it is easy to set up, and the partners share in the profits and losses of the business. The disadvantages of a partnership are that the partners are jointly liable for the debts of the business, and disagreements between partners can be difficult to resolve.<\/p>\n<h4>3) Limited Liability Company (LLC)<\/h4>\n<p>A limited liability company, or LLC, is a type of business entity that provides limited liability to its owners. This means that the owners of an LLC are not personally responsible for the debts and liabilities of the business. The advantages of an LLC for a software company include flexibility in management, pass-through taxation (avoids double taxation as explained below), and limited personal liability. The disadvantages of an LLC include lack of availability in some states and self-employment taxes.<\/p>\n<h4>4) C Corporation<\/h4>\n<p>A C Corporation is a business entity that is separate from its owners. It has its own tax ID and can have shareholders. The main advantage of a C Corporation for a software company is that it offers limited liability to its owners. This means that the owners are not personally responsible for the debts and liabilities of the business. The disadvantage is that C Corporations are subject to double taxation. This means that the corporation pays taxes on its profits, and the shareholders also pay taxes on their dividends.<\/p>\n<h4>5) S Corporation<\/h4>\n<p>An S Corporation is a type of corporation that provides its owners with limited liability protection and allows them to pass their business income through to their personal income tax returns, thus avoiding double taxation. There are several limitations on S Corporations including the number of shareholders they can have among others.<\/p>\n<p>Once you register your mobile app business, your state will send you your official \u201cArticles of Incorporation.\u201d You will need this among other documentation when establishing your banking account (see below). We recommend that you consult an attorney in determining which legal structure is best suited for your company.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep04\">4. Secure Startup Funding for Your Mobile App Business (If Needed)<\/h3>\n<p>In developing your mobile app business plan, you might have determined that you need to raise funding to launch your business.<br \/>\nIf so, the main sources of funding for a mobile app business to consider are personal savings, family and friends, credit card financing, bank loans, crowdfunding and angel investors. Angel investors are individuals who provide capital to early-stage businesses. Angel investors typically will invest in a mobile app business that they believe has high potential for growth.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep05\">5. Secure a Location for Your Business<\/h3>\n<p>You might choose to run your mobile app business from home or build a remote team. Alternatively, you might secure a physical location for your business.<br \/>\nTo find the right space, consider:<\/p>\n<ul>\n<li>Driving around to find the right areas while looking for \u201cfor lease\u201d signs<\/li>\n<li>Contacting a commercial real estate agent<\/li>\n<li>Doing commercial real estate searches online<\/li>\n<li>Telling others about your needs and seeing if someone in your network has a connection that can help you find the right space<\/li>\n<\/ul>\n<p><\/br><\/p>\n<h3 id=\"mobileappstep06\">6. Register Your Mobile App Business With the IRS<\/h3>\n<p>Next, you need to register your business with the Internal Revenue Service (IRS) which will result in the IRS issuing you an Employer Identification Number (EIN).<\/p>\n<p>Most banks will require you to have an EIN in order to open up an account. In addition, in order to hire employees, you will need an EIN since that is how the IRS tracks your payroll tax payments.<\/p>\n<p>Note that if you are a sole proprietor without employees, you generally do not need to get an EIN. Rather, you would use your social security number (instead of your EIN) as your taxpayer identification number.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep07\">7. Open a Business Bank Account<\/h3>\n<p>It is important to establish a bank account in your mobile app business name. This process is fairly simple and involves the following steps:<\/p>\n<ol>\n<li>Identify and contact the bank you want to use<\/li>\n<li>Gather and present the required documents (generally include your company&#8217;s Articles of Incorporation, driver&#8217;s license or passport, and proof of address)<\/li>\n<li>Complete the bank&#8217;s application form and provide all relevant information<\/li>\n<li>Meet with a banker to discuss your business needs and establish a relationship with them<\/li>\n<\/ol>\n<p><center><\/p>\n<div class=\"relatedpost\" style=\" width:85%; background-color: #e6e6ff ;  padding-bottom:0px\">\n<p id=\u201ccta\u201d><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" class=\"bi bi-exclamation-circle-fill\" viewBox=\"0 0 16 16\">\n  <path d=\"M16 8A8 8 0 1 1 0 8a8 8 0 0 1 16 0zM8 4a.905.905 0 0 0-.9.995l.35 3.507a.552.552 0 0 0 1.1 0l.35-3.507A.905.905 0 0 0 8 4zm.002 6a1 1 0 1 0 0 2 1 1 0 0 0 0-2z\"\/>\n<\/svg>   <b>Finish Your Business Plan Today!<\/b><\/p>\n<p>If you\u2019d like to quickly and easily complete your business plan, download <a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\" target=\"_blank\" re=\"nofollow\">Growthink\u2019s Ultimate Mobile App Business Plan Template<\/a> and complete your plan and financial model in hours.<\/div>\n<p><\/center><\/p>\n<h3 id=\"mobileappstep08\">8. Get a Business Credit Card<\/h3>\n<p>You should get a business credit card for your mobile app business to help you separate personal and business expenses. You can either apply for a business credit card through your bank or apply for one through a credit card company.<\/p>\n<p>When you&#8217;re applying for a business credit card, you&#8217;ll need to provide some information about your business. This includes the name of your business, the address of your business, and the type of business you&#8217;re running. You&#8217;ll also need to provide some information about yourself, including your name, Social Security number, and date of birth.<\/p>\n<p>Once you&#8217;ve been approved for a business credit card, you&#8217;ll be able to use it to make purchases for your business. You can also use it to build your credit history which could be very important in securing loans and getting credit lines for your business in the future.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep09\">9. Get the Required Business Licenses and Permits<\/h3>\n<p>Every state, county and city has different business license and permit requirements.<br \/>\nNearly all states, counties and\/or cities have license requirements including:<\/p>\n<ul>\n<li><b>General Business License<\/b> &#8211; This is the most common type of business license. It gives you permission to operate your business in a specific location.<\/li>\n<li><b>Sales Tax License<\/b> &#8211; This type of license is required if you will be selling products or services that are subject to sales tax.<\/li>\n<\/ul>\n<p>Depending on where you open your business and the type of apps you develop, you will have to obtain the necessary state, county and\/or city licenses.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep10\">10. Get Business Insurance for Your Mobile App Business<\/h3>\n<p>Business insurance policies that you should consider for your mobile app business include:<\/p>\n<ul>\n<li><b>General Liability Insurance<\/b> &#8211; This type of insurance can help protect the business if someone is injured or their property is damaged as a result of something the business did or failed to do.<\/li>\n<li><b>Product Liability Insurance<\/b> &#8211; If the mobile app business sells products, this type of insurance can help protect against any injuries or damages that occur as a result of using the product.<\/li>\n<li><b>Workers&#8217; Compensation Insurance<\/b> &#8211; If the mobile app business has employees, this type of insurance can help protect against any injuries or illnesses that they may suffer while working for the business.<\/li>\n<\/ul>\n<p>Find an insurance agent, tell them about your business and its needs, and they will recommend policies that fit those needs.<br \/>\n<center><\/p>\n<div class=\"greyBG\" style=\"margin-top: 20px; margin-bottom: 20px;\"><strong>Quickly and easily complete your Mobile App business plan with <a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\" target=\"_blank\" re=\"nofollow\">Growthink\u2019s Ultimate Mobile App Business Plan Template<\/a> and complete your plan and financial model in just hours.<\/div>\n<p><\/center><\/strong><\/p>\n<h3 id=\"mobileappstep11\">11. Buy or Lease the Right Mobile App Business Equipment<\/h3>\n<p>A mobile app business needs a computer, internet access, and software to create mobile apps. If you plan to have a physical location for your team, you might also need office supplies and furniture.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep12\">12. Develop Your Mobile App Business Marketing Materials<\/h3>\n<p>Marketing materials will be required to attract and retain customers to your mobile app business.<br \/>\nThe key marketing materials you will need are as follows:<\/p>\n<ol>\n<li><b>Logo<\/b> &#8211; Spend some time developing a good logo for your mobile app business. Your logo will be printed on company stationery, business cards, marketing materials and so forth. Your logo might also be displayed within the app. The right logo can increase customer trust and awareness of your brand.<\/li>\n<li><b>Website<\/b> &#8211; Likewise, a professional mobile app business website provides potential customers with information about the products and\/or services you offer, your company&#8217;s history, and contact information. Importantly, remember that the look and feel of your website will affect how your target audience perceives you. A website is a good place to announce company news and app updates to new and existing app users.<\/li>\n<li><b>Social Media Accounts<\/b> &#8211; Establish social media accounts in your company&#8217;s name. Accounts on Facebook, Twitter, LinkedIn and\/or other social media networks will help customers and others find and interact with your mobile app business. Social media pages are great for building communities of your users.\n<\/li>\n<\/ol>\n<p><\/br><\/p>\n<h3 id=\"mobileappstep13\">13. Purchase and Setup the Software Needed to Run Your Mobile App Business<\/h3>\n<p>There are a few software programs that a mobile app business needs in order to get started. One option is Appcelerator, which allows you to develop apps using JavaScript, HTML5, and Titanium. Another popular tool is PhoneGap, which helps you create cross-platform apps using HTML5 and JavaScript. Finally, you&#8217;ll need a development environment like Eclipse or Xcode in order to write code for your apps.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep14\">14. Build Your Team<\/h3>\n<p>A key component to starting most any business is to build a great team. This is especially true for mobile app businesses, which are heavily reliant on technology. You\u2019ll need to assemble a team of talented engineers, designers, and marketers who can help you turn your vision into reality.<\/p>\n<p>If you don\u2019t have the necessary skill sets in-house, you\u2019ll need to hire freelancers or consultants to fill the gaps. The most important thing is that you have a solid foundation of people who can bring your app idea to life.<br \/>\n<\/br><\/p>\n<h3 id=\"mobileappstep15\">15. Open for Business<\/h3>\n<p>You are now ready to open your mobile app business. If you followed the steps above, you should be in a great position to build a successful business and you will know everything you need about how to start an app business. Below are answers to frequently asked questions that might further help you.\n<\/p><\/div>\n<p>&nbsp;<\/p>\n<div class=\"bluepost\">\n<p id=\"greencta\"><strong>Finish Your Mobile App Business Plan in 1 Day!<\/strong><\/p>\n<p>Don\u2019t you wish there was a faster, easier way to finish your business plan?<\/p>\n<p>With Growthink\u2019s Ultimate Mobile App Business Plan Template you can finish your plan in just 8 hours or less!<\/p>\n<p><a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\" target=\"_blank\" re=\"nofollow\">Click here to finish your Mobile App business plan today.<\/a><\/div>\n<p><\/center><\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"htsmab02\">How to Start a Mobile App Business FAQs<\/h2>\n<p><style>#sp-ea-21362 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 300ms;}#sp-ea-21362.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-21362.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #444;}#sp-ea-21362.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-21362.sp-easy-accordion>.sp-ea-single {background: #eee;}#sp-ea-21362.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #444;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1696324783\"><div id=\"sp-ea-21362\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\"><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213620\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213620\" aria-controls=\"collapse213620\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Is It Hard To Start A Mobile App Business?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213620\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213620\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Starting a mobile app business can be easy as long as you have great app ideas and the resources to make them come to life. Your biggest challenges will most likely be securing the funds needed to start the business and building a team for the app development process. The steps outlined above will help you and teach you how to start an app business.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213621\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213621\" aria-controls=\"collapse213621\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How Can I Start A Mobile App Business With No Experience?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213621\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213621\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">If you have a great idea for a mobile app but lack the experience to make it happen, you can always consult with or hire someone who does. There are many ways to get started in mobile apps without any prior experience. Doing thorough market research and investigating how other app developers run their businesses can also be very helpful in launching your own successful app development company.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213622\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213622\" aria-controls=\"collapse213622\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What Type of Mobile App Business Is Most Profitable?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213622\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213622\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">There is no definitive answer to this question since there are many factors that can affect profitability. However, some types of mobile app businesses that tend to be more profitable than others include those that offer unique and innovative products or services, target a specific niche market, or have low overhead costs.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213623\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213623\" aria-controls=\"collapse213623\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How Much Does It Cost To Start A Mobile App Business?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213623\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213623\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The cost of starting a mobile app business can vary depending on a number of factors, such as the type of app you want to create, the platform you want to develop it for, and whether or not you hire someone to help you. In general, you can expect to spend several thousand dollars at a minimum to get your business off the ground.<\/span><\/p><p><span style=\"font-weight: 400\">Key startup costs include:<\/span><\/p><ul><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Hardware with enough speed and space to ensure a smooth work environment and a high-resolution screen<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Software<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Finding and hiring the right coder(s), as needed<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A place to work, if needed<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Office furniture<\/span><\/li><\/ul><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213624\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213624\" aria-controls=\"collapse213624\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What Are the Ongoing Expenses for a Mobile App Business?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213624\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213624\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Your ongoing expenses for a mobile app business will depend largely on the type of app you have created and the platform you are using to sell it. Generally, your biggest ongoing expenses will be employee salaries and software costs.<\/span><\/p><p><span style=\"font-weight: 400\">Key costs to remember include:<\/span><\/p><ul><li><b>Wages<\/b><span style=\"font-weight: 400\"> \u2013 App developers typically have at least an undergraduate degree, and are required to have a specialized skill set. These factors combine to make your app development team\u2019s wages your single largest industry expense.<\/span><\/li><li><b>Purchases<\/b><span style=\"font-weight: 400\"> \u2013 These generally entail development kits, hardware, and software updates.<\/span><\/li><li><b>Royalties<\/b><span style=\"font-weight: 400\"> \u2013 App store royalties are a significant cost for app development businesses, but these costs have been trending downward over the last five years.<\/span><\/li><li><b>Marketing<\/b><span style=\"font-weight: 400\"> - Marketing costs include advertising and any other expenses associated with promoting your business and products.<\/span><\/li><\/ul><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213625\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213625\" aria-controls=\"collapse213625\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How Does A Mobile App Business Make Money?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213625\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213625\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Most mobile app businesses make money through a business model that is a combination of advertising and in-app purchases or subscriptions. Some apps also offer paid memberships that give users access to additional features or content. Users might also pay an initial fee to purchase when downloading an iOS app from the Apple app store or an Android app from the Google Play store.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213626\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213626\" aria-controls=\"collapse213626\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Is Owning A Mobile App Business Profitable?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213626\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213626\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Yes, owning a mobile app business can be profitable. However, it is important to keep in mind that profitability depends on a number of factors, including the type of app you have created, your target market, and your marketing and advertising efforts.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213627\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213627\" aria-controls=\"collapse213627\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Why Do Mobile App Businesses Fail?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213627\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213627\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">There are many reasons why mobile app businesses fail. Some common reasons include a lack of innovative products or services, poor marketing and advertising efforts, and an inability to generate enough revenue to sustain the business. Additionally, many businesses fail due to a lack of understanding of the mobile app industry and how it works.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213628\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213628\" aria-controls=\"collapse213628\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How Big Is the Mobile App Industry?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213628\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213628\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">There are currently an estimated 455,835 Mobile App businesses in the US. This industry has experienced rapid revenue growth over the past five years, to reach $16.2 billion.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-213629\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse213629\" aria-controls=\"collapse213629\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What Are the Key Segments of the Mobile App Industry?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse213629\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-213629\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The two largest product segments for the Mobile App industry are Games and Social Networking apps. Smaller product categories include News Apps, Entertainment Apps, and Other Apps.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-2136210\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse2136210\" aria-controls=\"collapse2136210\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What External Factors Affect the Mobile App Industry?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse2136210\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-2136210\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">A number of factors affect the performance of the Mobile App industry. These drivers include:<\/span><\/p><ul><li style=\"font-weight: 400\"><b>Number of Mobile Internet Connections<\/b><span style=\"font-weight: 400\"> \u2013This corresponds to the number of people who own a smartphone, which in turn affects demand for apps.<\/span><\/li><li style=\"font-weight: 400\"><b>Percentage of Services Conducted Online<\/b><span style=\"font-weight: 400\"> \u2013 The increasing number of online purchases and business transactions represents a distinct opportunity for app developers, as more people complete these transactions via smartphone applications.<\/span><\/li><li style=\"font-weight: 400\"><b>Time Spent on Leisure and Sport<\/b><span style=\"font-weight: 400\">s \u2013 Since games are a major segment of the industry, it follows that the more time people have for leisure, the more game apps they will download.\u00a0<\/span><\/li><\/ul><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-2136211\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse2136211\" aria-controls=\"collapse2136211\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Who Are the Key Competitors in the Mobile App Industry?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse2136211\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-2136211\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The companies with the greatest market share are King Digital Entertainment, Kabam, Electronic Arts, and Zynga (all game app developers).<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-2136212\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse2136212\" aria-controls=\"collapse2136212\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What Are the Key Customer Segments in the Mobile App Industry?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse2136212\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-2136212\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The Mobile App industry\u2019s largest customer segment is consumers between the ages of 18 and 29. Consumers aged 30 to 49 are the second-largest customer segment, followed by those over the age of 50.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-2136213\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse2136213\" aria-controls=\"collapse2136213\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How Much Do App Developers Make?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse2136213\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-2136213\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">About 25% of developers earn over $5,000 per month on the iOS platform, and 18% of developers make this on the Android platform.<\/span><\/p><p><span style=\"font-weight: 400\">According to PayScale, the median salary for a senior Software Engineer\/Developer\/Programmer is $99,193 per year.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-2136214\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse2136214\" aria-controls=\"collapse2136214\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Where Can I Download a Mobile App Business Plan PDF?<\/a><\/h3><div class=\"sp-collapse spcollapse spcollapse\" id=\"collapse2136214\" data-parent=\"#sp-ea-21362\" role=\"region\" aria-labelledby=\"ea-header-2136214\"> <div class=\"ea-body\"><p>You can download our <a href=\"https:\/\/www.growthink.com\/wp-content\/uploads\/Free-Version-of-Growthinks-Mobile-App-Business-Plan-Template.pdf\" target=\"_blank\">mobile app business plan PDF<\/a> template here. This is a business plan template you can use in PDF format.<\/p><\/div><\/div><\/div><script type=\"application\/ld+json\">{ \"@context\": \"https:\/\/schema.org\", \"@type\": \"FAQPage\", \"@id\": \"sp-ea-schema-21362-69b019110c7cc\", \"mainEntity\": [{ \"@type\": \"Question\", \"name\": \"Is It Hard To Start A Mobile App Business?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Starting a mobile app business can be easy as long as you have great app ideas and the resources to make them come to life. Your biggest challenges will most likely be securing the funds needed to start the business and building a team for the app development process. The steps outlined above will help you and teach you how to start an app business.\" } },{ \"@type\": \"Question\", \"name\": \"How Can I Start A Mobile App Business With No Experience?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"If you have a great idea for a mobile app but lack the experience to make it happen, you can always consult with or hire someone who does. There are many ways to get started in mobile apps without any prior experience. Doing thorough market research and investigating how other app developers run their businesses can also be very helpful in launching your own successful app development company.\" } },{ \"@type\": \"Question\", \"name\": \"What Type of Mobile App Business Is Most Profitable?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"There is no definitive answer to this question since there are many factors that can affect profitability. However, some types of mobile app businesses that tend to be more profitable than others include those that offer unique and innovative products or services, target a specific niche market, or have low overhead costs.\" } },{ \"@type\": \"Question\", \"name\": \"How Much Does It Cost To Start A Mobile App Business?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The cost of starting a mobile app business can vary depending on a number of factors, such as the type of app you want to create, the platform you want to develop it for, and whether or not you hire someone to help you. In general, you can expect to spend several thousand dollars at a minimum to get your business off the ground. Key startup costs include:<ul><li>Hardware with enough speed and space to ensure a smooth work environment and a high-resolution screen<\/li><li>Software<\/li><li>Finding and hiring the right coder(s), as needed<\/li><li>A place to work, if needed<\/li><li>Office furniture<\/li><\/ul>\" } },{ \"@type\": \"Question\", \"name\": \"What Are the Ongoing Expenses for a Mobile App Business?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Your ongoing expenses for a mobile app business will depend largely on the type of app you have created and the platform you are using to sell it. Generally, your biggest ongoing expenses will be employee salaries and software costs. Key costs to remember include:<ul><li><b>Wages<\/b>\u2013 App developers typically have at least an undergraduate degree, and are required to have a specialized skill set. These factors combine to make your app development team\u2019s wages your single largest industry expense.<\/li><li><b>Purchases<\/b>\u2013 These generally entail development kits, hardware, and software updates.<\/li><li><b>Royalties<\/b>\u2013 App store royalties are a significant cost for app development businesses, but these costs have been trending downward over the last five years.<\/li><li><b>Marketing<\/b>- Marketing costs include advertising and any other expenses associated with promoting your business and products.<\/li><\/ul>\" } },{ \"@type\": \"Question\", \"name\": \"How Does A Mobile App Business Make Money?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Most mobile app businesses make money through a business model that is a combination of advertising and in-app purchases or subscriptions. Some apps also offer paid memberships that give users access to additional features or content. Users might also pay an initial fee to purchase when downloading an iOS app from the Apple app store or an Android app from the Google Play store.\" } },{ \"@type\": \"Question\", \"name\": \"Is Owning A Mobile App Business Profitable?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Yes, owning a mobile app business can be profitable. However, it is important to keep in mind that profitability depends on a number of factors, including the type of app you have created, your target market, and your marketing and advertising efforts.\" } },{ \"@type\": \"Question\", \"name\": \"Why Do Mobile App Businesses Fail?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"There are many reasons why mobile app businesses fail. Some common reasons include a lack of innovative products or services, poor marketing and advertising efforts, and an inability to generate enough revenue to sustain the business. Additionally, many businesses fail due to a lack of understanding of the mobile app industry and how it works.\" } },{ \"@type\": \"Question\", \"name\": \"How Big Is the Mobile App Industry?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"There are currently an estimated 455,835 Mobile App businesses in the US. This industry has experienced rapid revenue growth over the past five years, to reach $16.2 billion.\" } },{ \"@type\": \"Question\", \"name\": \"What Are the Key Segments of the Mobile App Industry?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The two largest product segments for the Mobile App industry are Games and Social Networking apps. Smaller product categories include News Apps, Entertainment Apps, and Other Apps.\" } },{ \"@type\": \"Question\", \"name\": \"What External Factors Affect the Mobile App Industry?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"A number of factors affect the performance of the Mobile App industry. These drivers include:<ul><li><b>Number of Mobile Internet Connections<\/b>\u2013This corresponds to the number of people who own a smartphone, which in turn affects demand for apps.<\/li><li><b>Percentage of Services Conducted Online<\/b>\u2013 The increasing number of online purchases and business transactions represents a distinct opportunity for app developers, as more people complete these transactions via smartphone applications.<\/li><li><b>Time Spent on Leisure and Sport<\/b>s \u2013 Since games are a major segment of the industry, it follows that the more time people have for leisure, the more game apps they will download.\u00a0<\/li><\/ul>\" } },{ \"@type\": \"Question\", \"name\": \"Who Are the Key Competitors in the Mobile App Industry?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The companies with the greatest market share are King Digital Entertainment, Kabam, Electronic Arts, and Zynga (all game app developers).\" } },{ \"@type\": \"Question\", \"name\": \"What Are the Key Customer Segments in the Mobile App Industry?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The Mobile App industry\u2019s largest customer segment is consumers between the ages of 18 and 29. Consumers aged 30 to 49 are the second-largest customer segment, followed by those over the age of 50.\" } },{ \"@type\": \"Question\", \"name\": \"How Much Do App Developers Make?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"About 25% of developers earn over $5,000 per month on the iOS platform, and 18% of developers make this on the Android platform. According to PayScale, the median salary for a senior Software Engineer\/Developer\/Programmer is $99,193 per year.\" } },{ \"@type\": \"Question\", \"name\": \"Where Can I Download a Mobile App Business Plan PDF?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"You can download our mobile app business plan PDF template here. This is a business plan template you can use in PDF format.\" } }] }<\/script><\/div><\/div><br \/>\n<\/br><\/p>\n<h2 id=\"htsmab03\">Helpful Slideshows, Videos &#038; Images<\/h2>\n<h3>How To Build a Billion Dollar app?<\/h3>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/OwuEwhX1M_M\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Mobile App Development Cost and Design<\/h3>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/YahgI2aPcxs\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Inside the Android Factory: 5 Ways to Build Profitable Applications<\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/www.growthink.com\/wp-content\/uploads\/profitable-apps-376x1024.jpg\" alt=\"5 ways to build profitable android applications infographic\"\/><br \/>\n&nbsp;<\/p>\n<h2 id=\"htsmab\">Additional Resources in the Mobile App Industry<\/h3>\n<p>For additional information on the App Development industry, consider these industry resources:<\/p>\n<ul>\n<li>Gartner: <a href=\"https:\/\/www.gartner.com\/en\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.gartner.com<\/a><\/li>\n<li>The Verge: <a href=\"https:\/\/www.theverge.com\/apps\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.theverge.com\/apps<\/a><\/li>\n<li>App Mavericks: <a href=\"https:\/\/appmavericks.com\/\" rel=\"noopener\" target=\"_blank\">www.appmavericks.com<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div class=\"bluepost\">\n<p id=\"greencta\"><strong>Finish Your Mobile App Business Plan in 1 Day!<\/strong><\/p>\n<p>Don\u2019t you wish there was a faster, easier way to finish your business plan?<\/p>\n<p>With Growthink\u2019s Ultimate Mobile App Business Plan Template you can finish your plan in just 8 hours or less!<\/p>\n<p><a href=\"https:\/\/businessplantemplate.growthink.com\/mobile-app\/?utm_source=how-to-start-an-app-development-business&#038;utm_medium=growthink&#038;utm_campaign=seo\" target=\"_blank\" re=\"nofollow\">Click here to finish your Mobile App business plan today.<\/a><\/div>\n<p><\/center><\/p>\n<h2>OR, Let Us Develop Your Plan For You<\/h2>\n<p>Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.<br \/>\n<a href=\"\/business-plan\">Click here<\/a> to see how Growthink&#8217;s <a href=\"\/business-plan\">professional business plan consulting services<\/a> can create your business plan for you.<br \/>\n&nbsp;<\/p>\n<h2 style=\"padding-top:20px\">Other Helpful Business Plan Articles &#038; Templates<\/h2>\n<div class=\"free-business-plan-articles-flex\">\n<div class=\"column\"><a href=\"\/products\/business-plan-template\" title=\"Use This Simple Business Plan Template\"><img decoding=\"async\" class=\"aligncenter\" style=\"height: 135px;\" src=\"https:\/\/www.growthink.com\/wp-content\/uploads\/business-plan-template-growthink.png\" target=\"_blank\" alt=\"Business Plan Template &#038; Guide For Small Businesses\" width=\"300\"\/>Business Plan Template &#038; Guide For Small Businesses<\/a><\/div>\n<div class=\"column\"><a href=\"\/how-to-write-a-business-plan\" title=\"How To Write A Great Business Plan\"><img decoding=\"async\" class=\"aligncenter\" src=\"\/wp-content\/uploads\/how-to-write-a-business-plan-to-secure-funding-thumb.png\" target=\"_blank\" alt=\"How To Write A Great Business Plan\" width=\"300\"\/>How To Write A Great Business Plan<\/a><\/div>\n<div class=\"column\"><a href=\"\/businessplan\/help-center\/mobile-app-business-plan\" title=\"Mobile App Business Plan Template\"><img decoding=\"async\" class=\"aligncenter\" src=\"\/wp-content\/uploads\/Mobile_App_Business_Plan_Template_Thumbnail.png\" target=\"_blank\" alt=\"Mobile App Business Plan Template\" width=\"300\"\/>Mobile App Business Plan Template<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ON THIS PAGE How To Start a Mobile App Business How To Start a Mobile App Business FAQs Helpful Slideshows, Videos &#038; Images Additional Resources in the Mobile App Industry &nbsp; How to Start a Mobile App Business Starting a mobile app business can be very profitable. With proper planning, execution and hard work, you [&hellip;]<\/p>\n","protected":false},"author":29265,"featured_media":6171,"parent":8361,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"class_list":["post-9516","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Start a Mobile App Business - Growthink<\/title>\n<meta name=\"description\" content=\"Learn how to start a app development business including business planning, competitors, key costs, helpful videos, and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Start a Mobile App Business\" \/>\n<meta property=\"og:description\" content=\"Learn how to start a app development business including business planning, competitors, key costs, helpful videos, and more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\" \/>\n<meta property=\"og:site_name\" content=\"Growthink\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-02T19:26:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.growthink.com\/wp-content\/uploads\/how-to-start-an-App-1.png?_t=1759433214\" \/>\n\t<meta property=\"og:image:width\" content=\"1540\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.growthink.com\/wp-content\/uploads\/how-to-start-an-App-1.png\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\"},\"author\":{\"name\":\"Dave Lavinsky\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/person\/ba4f0e0bde913a174cf69d8f076099a0\"},\"headline\":\"How to Start a Mobile App Business\",\"datePublished\":\"2019-01-09T00:25:46+00:00\",\"dateModified\":\"2025-10-02T19:26:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\"},\"wordCount\":2998,\"publisher\":{\"@id\":\"https:\/\/www.growthink.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/2018\/12\/how-to-start-an-App.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\",\"url\":\"https:\/\/www.growthink.com\/businessplan\/help-center\/how-to-start-an-app-development-business\",\"name\":\"How to Start a Mobile App Business - 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