My Space very quickly took away 1,000’s of paying members from Dating sites.Users asked themselves, “Why pay .99 a month when I can create my own profile, view other user’s profiles, and chat directly with them?” Although we still build dating sites, the majority of the projects Web Biz builds incorporates social networking technology. If you look IAC Fact Sheet for 2007 you will find the remarkable results: ■ 60,000 new people register on every day ■ Websites in 15 different languages, serving 37 different countries ■ More than 15 million members, with approximately 1.3 million paying subscribers monthly membership is .99 a month; if you do the math that is over ,000,000 a month in revenue!

business plan dating websites-38

Various options exist for incorporation, including Subchapter “S” or “C” Corporations, Limited Liability Companies (LLC’s), Limited Liability Partnerships (LLP’s), trusts, etc.

Sometimes, more than one corporate entity is necessary to accomplish the goals and objectives.

Her customers LOVED being able to meet singles in person and then communicate with them privately online…reminds me how AOL IM became so popular among teenagers in middle school/highschool.

Depending on the membership package her services included matchmaking services, background checks, and free trips.

She didn’t have millions of members but she did have a 100-150 dedicated member paying a registration fee each month.

Her registration fee was not .99 BUT was – 99 a year depending on the package.

While operating an online dating site does not generate the same high degree of legal risk as, for example, an adult website, online gaming site or online pharmaceutical sales site, an online dating site can create its own unique set of legal concerns.

Some of these concerns are common to all Internet businesses while other items pertain specifically to the online dating industry itself..

” Brian Peters, an internet consultant/project manager who worked for Web Biz Ideas at the time, asked him self the same question.

That question lead to Web Biz heavily investing in Social Network Website Design.

Her trips were not just locally but were arranged vacations to Miami, Jamaica, and Brazil with hotels & accommodation’s included (not flight).