SaaS application development has been a hot topic in the software community for several years now. The idea of developing a product and then making money with it month after month seems very enticing. But what should a prospective SaaS business owner know before attempting to venture into this competitive market?
In the first part of our long read, we discussed the specifics of the SaaS business model, the benefits of running a SaaS business, and the main and additional revenue streams for monetizing a SaaS solution. Today we are going to delve deeper into building a SaaS application, the stages of SaaS product development, and possible challenges you can face as a new SaaS entrepreneur.