4 ms·

yes you can . . . For SaaS . . . use Stripe.com for payments. When you start out I wouldn't form a company until you have revenue . . . once you grow your Saa

by saluki 12y ago

yes you can . . . For SaaS . . . use Stripe.com for payments. When you start out I wouldn't form a company until you have revenue . . . once you grow your SaaS to a few hundred dollars of recurring revenue it's time to form an LLC. <$500 in most states. You could form one right away if you feel your SaaS is at risk for a lawsuit or you have a large amount of assets . . . but typically waiting till you have signups and regular revenue is recommended. Listen to: http://StartupsForTheRestOfUs.com http://StartupsForTheRestOfUs.com read/listen to everything by patio11 Good luck in 2015.

mailarchis 12y ago
I did check out stripe. Maybe this is something I should have added in Q. I don't live in US though I am building the app for customers in US and Stripe is not supported from where I am.
- saluki 12y ago
  To prove your idea you can use paypal . . . the api isn't as nice put it's a great start to prove your idea/app. I would recommend automating signup so that is seamless . . . but you could have your backend email you for cancelations, etc and do those manually through paypal. In the beginning keep things simple and be willing to do things manually behind the scenes to keep time/costs low till you have signups and users getting value out of your app that will be subscribers long term.
  - logn 12y ago
    If you go with PayPal I'd recommend only using their free services (e.g., the "subscribe button") or going with BrainTree (https://www.braintreepayments.com https://www.braintreepayments.com) which is also free and a nicer way to integrate PayPal than their paid APIs. Payflow Pro by PayPal ($30/mo) is ridiculously complex and it's better to buy an additional 3rd-party service built on top to make it easier (you'd end up paying $100+/month plus 2.9%).

4 ms·

yes you can . . . For SaaS . . . use Stripe.com for payments. When you start out I wouldn't form a company until you have revenue . . . once you grow your Saa

by saluki 12y ago

mailarchis 12y ago
I did check out stripe. Maybe this is something I should have added in Q. I don't live in US though I am building the app for customers in US and Stripe is not supported from where I am.
- saluki 12y ago
  To prove your idea you can use paypal . . . the api isn't as nice put it's a great start to prove your idea/app. I would recommend automating signup so that is seamless . . . but you could have your backend email you for cancelations, etc and do those manually through paypal. In the beginning keep things simple and be willing to do things manually behind the scenes to keep time/costs low till you have signups and users getting value out of your app that will be subscribers long term.
  - logn 12y ago
    If you go with PayPal I'd recommend only using their free services (e.g., the "subscribe button") or going with BrainTree (https://www.braintreepayments.com https://www.braintreepayments.com) which is also free and a nicer way to integrate PayPal than their paid APIs. Payflow Pro by PayPal ($30/mo) is ridiculously complex and it's better to buy an additional 3rd-party service built on top to make it easier (you'd end up paying $100+/month plus 2.9%).