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Before deciding on going open source:
1. Analyze open source competition (if there is any)
2. Gather info on successfull open source projects
3. Identify business models (open source is no business model)
4. Calculate on how going open source will lower revenues with existing clients
5. Talk to your investors/shareholders about your idea
6. Develop arguments why going open source is good for your existing clients
7. Define initial features and capabilities of open source version (especially if closed source version will continue to exist)
8. Develop business and financial plan for your investors/shareholders to get their approval
After deciding on going open source:
9. Choose carefully project name and logo
10. Define granularity of source code, admin and user documentation
11. Choose the suitable open source license
12. If the stack below your software would contain closed source components, replace them
13. Take the time and refactor your source code
14. Write the (english) documentation for developers, admins and users
15. Launch a project website with community modules
16. Separate commercial offers from your project website
17. Author announcements to communicate the launch of your open source project
18. Publish the binary and source code on SourceForge
19. Set up a demo server on the internet (if your run a web project)
20. Put the unfinished stuff on a public roadmap
After going open source:
The real work starts now: Outlook what to do to get your project growing
