7 key aspects to look at before starting your business
A SaaS business is an exciting and rewarding venture that comes with its own set of challenges. Choosing the right tech stack technologies is one of the biggest challenges. A tech stack is a set of technologies that you will use to create and deliver web-based products or services. It includes everything from the programming languages and frameworks used for building the application, to the infrastructure that hosts and delivers it.
Nowadays, there are many different web stack technologies to choose from. It is overwhelming to try to figure out which ones are the best fit for your business. In this post, we’ll show you 7 key factors to consider when choosing your web stack. You'll also find some tips for making the right decision for your business.
1. Business needs
Before looking at specific technologies, take a step back and look at the needs of your business. What type of product or service you’re offering, what is your target audience, and what are the unique requirements or constraints?
For example, if you’re building a consumer-facing SaaS product, you focus on technologies that are easy to use and have a good user experience. A complex business product requires technologies that are scalable and able to handle large amounts of data.
2. Team’s skills and Resources
Once you defined the business needs, the next step is to check the skills and resources of your team. This means technical skills and available resources for development and maintenance.
If your team has senior developers in a particular technology, it makes sense to keep that stack. But, if your team is smaller or less experienced, you focus on technologies that are easier to learn. Also, consider the technologies that have a larger community of users and developers.
3. Ecosystem and Community Support
A large ecosystem and a big community around it is a proof of a good technology stack. In the beginning, a good tutorial helps you put your application up and running fast. Later, detailed documentation can help you develop faster and fix tricky problems. Look at the size and activity of the developer community. A large community can be an invaluable resource for finding solutions to problems. It also provides feedback on your product and keeps you up to date on the latest developments in the field. Popular technologies pass the test of time. It’s worth considering them for better long-term support and easiness to hire.
4. Scalability and Performance
We go now into the critical factors. It means that they can determine the level of success and cannot be easily changed in the future. Always focus on technologies able to handle the demands of your business as it grows. This helps you to avoid experiencing significant performance issues.
Evaluate the scalability and performance of different technologies by checking the following benchmarks:
- the number of requests they can handle at once
- the speed at which they can process those requests
- the resources required to process those requests
5. Integration and Extensibility
As your SaaS business is likely to evolve over time, you’ll want to choose flexible technologies. You need them to adapt to any business challenge.
Look for technologies that have APIs or integration points that allow you to connect with other systems and services. Consider the technologies that can be extended or customized. For instance, the integration with third-party tools and services.
6. Cost and Maintenance
There are 2 types of costs:
- the upfront cost of implementing the technologies
- the ongoing cost of maintenance and support
When evaluating the cost of different technologies, consider factors such as:
- the cost of licenses or subscriptions
- the cost of hosting and infrastructure
- the cost of hiring developers with the necessary skills
Add on top of this the ongoing maintenance and support costs. It is the time and resources required to keep the technologies working and up-to-date.
7. Security and Data Privacy
Another critical aspect of a SAAS business is security and data privacy. The technologies must protect against known security threats like hacking or data breaches. Also, they need to be compliant with relevant data privacy regulations, such as GDPR.
When evaluating the security and data privacy of different technologies, consider these factors:
- the security measures built into the technologies
- the track record of the technologies' security vulnerabilities
- the resources and support available for addressing security issues
It can be overwhelming and time-consuming to test and compare all the possible web stacks. There are tools on the market that can help you set up and test different web stacks for your SaaS business. One such tool is getwebstack.com.
Getwebstack.com is a tool that allows you to set up and test different web stack technologies. You don't need to manually configure servers or infrastructure. It offers a range of pre-configured stack templates that include popular technologies such as React, Angular, ExpressJs, and more.
Using getwebstack., you pick the best technologies for the needs of your business and team. It accompanies you from testing different web stack options to creating an MVP. It saves you significant time and resources in set-up and configuration.
Getwebstack.com is a useful tool to set up a web stack for a SaaS business. It is worth considering it as part of your web stack evaluation process.
Choosing the right web stack technologies is a crucial step that has a huge impact on the success of a business. Work with good metrics and make well-informed decisions that set your business up for success.