I would like to know how much capital is needed to start up a new game company?
My friend and I are writing a business plan, in our entrepreneurship class, over a console game company #entrepreneurship #video-games #entrepreneur #startups #start-ups #console-games
Console Game companies can be more expensive because of the license fee the console manufacturer charges to get the game development license and api.
If you are developing an indy game doing your own code and design you would need around 10,000 dollars for just the fees and company setup.
If you need to build a team an a develop a big game, it would be 500,000$ up considering a developer salary is around 100K and so is a lead designer and game director.
In a nutshell it all depends on who is developing the game and how much talent needs to be hired.