What is an 'Interest Expense'. The cost incurred by an entity for borrowed funds. Interest expense is a non-operating expense shown on the income statement. It represents interest payable on any borrowings â bonds, loans, convertible debt or lines of credit.
A small web site may require some two hours of maintenance and updating work a month, while a medium-sized site may require up to five hours a month. At the top end of the range, a webmaster may charge up to $75 an hour. By shopping around, you may find small web design companies that charge $50 or less.
A good rule of thumb is to budget 20% of the cost of initial development when calculating how much it will cost to maintain software. If your initial development costs are $100,000, you can reasonably expect to spend about $20,000 per year to maintain your app. When you're using App Press to build, publish, and manage your app, most of your ongoing maintenance cost is covered with your monthly payment.