Conclusion

Keep in mind that this is only the beginning. Once you deal with these details, you actually have to work. The good news is that if you take care of your business the right way the first time, you won’t have to go through the process again. However, you should never just hand over the business details to your business team and treat them as out of sight, out of mind. If you are in charge of your own business, you can’t simply focus on the fun parts and ignore the rest. You have to wear more than one hat, and you have to walk the tight-rope between both sides of the game development business- the business side and the development side. Becoming too complacent with the business aspect of your business will burn you. You are better off being as intimately involved in the business aspects as you are in the development aspects of your company.

As I stated in the introduction, this is a high risk venture. The decision to set out independently is a very serious one and should not be taken lightly. While setting up a simple business entity like an LLC or Sole Proprietorship poses little risk on the hobbyists who want a means to promote their work, obtaining financing can place a serious financial burden on the borrower without adequate safeguards and a reliable game product that can generate income.