➤ Estimated realizable value

Estimating the cost of implementing the Goose Patrol project

1. Software Development

Developer Salary: - Team of 2-3 developers (frontend and backend) for 6-12 months. Estimate: $60,000 - $120,000.

Machine Learning Specialist: - 1 specialist for 6-12 months. Estimate: $50,000 - $100,000.

Interface designer (UI/UX): - 1 designer for 3-6 months. Estimate: $15,000 - $30,000.

1. Infrastructure

Hosting and servers: - Depends on load, but you can budget $100 to $500 per month. Estimate for a year: $1,200 - $6,000.

Licenses and tools: - Paid APIs, development and testing tools. Estimate: $5,000 - $10,000.

3. Marketing and Promotion

Advertising: - Social media, Google Ads, targeted advertising. Estimate: $10,000 - $50,000 for the initial phase.

Content Creation: - Articles, videos, webinars to educate users. Estimate: $5,000 - $15,000.

1. Operating expenses

Legal Services: - Business registration, compliance counseling. Estimate: $5,000 - $15,000.

Other Expenses: - Office expenses, equipment, etc. Estimate: $3,000 - $10,000.

Total Estimate Adding up all of the above items gives an estimated cost:

• Minimum Budget: $150,000

• Optimistic budget: $350,000