How do I determine an appropriate software budget?

It's best to research software solutions first to help you begin to build your budget.  Depending upon your business requirements, there are different software products that provide varying degrees of functionality.  As you review different solutions that meet your requirements, you will typically find the costs of the different software options to be comparable.  From there, you should be able to realistically create an estimated budget for your new software system, implementation, training and on-going support.

For small and medium size business's the software can range from $200 to $50,000. It depends on your specific needs and number of system users. Fees to implement the software typically range from .50 to 2 times the price of the software, again depending on the specific needs of the company.