Community Magazine

Many business owners and developers have often toyed with the notion of releasing a commercial extension. With Joomla!'s large community and expansive reach, releasing a product can be a great source of revenue and exposure. All too often, though, many key details are overlooked.

In order to help business owners avoid this common mistake, I recently sat down with Joomla! Extension Directory editor and Anything-Digital Founder and CEO Vic Drover who helped identify the most important aspects to consider when releasing a commercial extension.

Setting an hourly rate – a topic everyone wants to understand but doesn’t necessarily want to discuss. Too often business owners don’t know how to properly set hourly rates and resort to methods such as guessing or copying a competitor’s rates. However, following these ill-advised procedures can often leave you not charging enough for your services and scared to ask for proper compensation. While there are many strategies for determining your hourly rate, this article breaks down the most widely used approach.