How to Start a Dating Business

It’s no secret that dating businesses are pretty profitable ones. Dating business does not depend on the political situation or economic factors, people always want to get acquainted, fall in love and start a family.

And in this sense, a dating business is protected from factors that have a significant impact on any other type of business, which means that it allows the owner to receive a steady income, and customers to fulfill their romantic dreams. Our today’s article includes information on, “How much does it cost to start a dating website?” as well as the legal information you should know and other practical details.

Dating Market Analysis   

The difficult economic situation in the country forces people to look for new opportunities for earning, and often workers have to look for new sources of income and work overtime. In such an intense rhythm, men and women often have absolutely no time for personal life. And it is a great idea for you to start a dating site. In a similar situation, a dating service can provide them with significant assistance, you should analyze the market for these factors in advance. Often people seeking girls for marriage are afraid of disappointment, or that they might be deceived on dating services. One mistake in building relationships with customers can be worth the loss of reputation and subsequent potential customers. So, you should take the experience of another online dating business cases into account.

Reasons to Start a Dating Business

To start an online dating site from scratch can be tricky, but the same goes for starting any other business. The difficulties should not scare you away as there are obvious reasons why a dating business is a good option.

High income

So, on some dating sites, owners receive up to several tens of dollars for only one registration of male foreigners. And they may not be so few during the day. Do not forget that dating attracts solvent customers who want to find their soul mate and are willing to pay a good price for it.

If you like working with people

Opening a dating service is not only a way to survive the crisis and find quick money because such work is connected with the human factor and the need to constantly act professionally and build relationships with customers. If you are ready to use human resources, make useful connections and build your reputation through working with people – starting a dating site is surely for you.

Helping others

Today, starting a dating service means caring not only about creating new couples. Such sites become centers of interest, where everyone can take part in activities organized for entertainment and recreation, for example, art workshops, tourist events and dance evenings.

The business can be fully operated via the Internet

Enhanced dating capabilities have become available with the opening of online dating services. In one period or another, dating sites are visited by one-fourth of all Internet users. However, to highlight your site against the background of many similar ones, you should offer something more than just laying out profiles of applicants. If you do this – the business will work for you, and you will just maintain it.

You can start on your own

The creation of a marriage agency that offers its services only on the Internet does not require renting an apartment and buying office furniture, you only need a computer and huge working capacity, especially at the initial stage. Starting a home-based business, you will have to work 7 days a week, 9-24 hours a day.

How Much Does It Cost to Start a Dating Startup? 

To create a business dating service will require approximately $ 3.000 which will include expenses for all the documents. How to find customers for such a business? This can be done through advertisements in local media and on the Internet. Monthly expenses for the promotion of organization services will be about $ 1 thousand.

How to Start a Dating Business

Some practical advice on becoming a dating entrepreneur will include the following.

Step 1: Plan 

Before starting work, decide on what format the business will be built. Possible options: a dating site where people will get to know each other, a dating club, an agency that helps get married (for foreigners, for example). Each option has its pros and cons. Based on the budget, a dating club (quick dates) is the least expensive project.

Step 2: Register a legal entity  

This type of business is registered as an individual entrepreneur or a limited liability company. But registering a legal entity is much more difficult than registering an IP. Moreover, in this business, you do not have to bear responsibility for your property.

Step 3: Open business bank account 

For this type of business, you need to use a simplified tax system. One must choose either to pay 6% of the income or 15% of the profit (income minus expense) of the enterprise.

Step 4: Business insurance

Documents are submitted to public authorities or multifunctional centers of public services. Be sure to register at the Pension Fund and the Health and Social Insurance Fund.

Step 5: Create a website and an app

An advertisement is posted on the Internet for express dates. Potential participants fill out questionnaires. Groups are being formed. The code is written for the site to work so that the algorithms correspond to the matching principle, and the interface is convenient for users.

Step 6: Create a team     

The next point in our “how to start a dating site from scratch” tutorial is forming a team. The professionalism of marriage agencies is mainly provided by their employees. Large companies employ about ten people, because they need a sufficient number of consultants, while for small companies 3-4 people will be enough. Your team should have a family and marriage consultant, a psychologist, and a web developer who will create and develop your website.

Step 7: Start advertising

After figuring out how to start a dating website, you should advertise it and form the base of brides and grooms. As a result of successful work and the functioning of the resource, a profit of several thousand dollars will become a familiar thing for you.

The main task of the owner is the promotion of its resources. Increasing the popularity of a dating site, you accordingly increase the number of visitors and registrations. 

Step 8: Get dividends     

If you have learned how to start a dating site properly, the service will soon do the job for you. In this case, each month will bring the organizer a minimum of $ 2 thousand in net profit. You should invest it in further development and pay taxes to avoid legal issues. Also, pay attention to the security of your users to prevent them from dealing with scammers too.

After you have answered the question, “How do I start dating site?” and creating your own service, register in the main social networks and actively keep accounts so that people notice you. Order targeted advertising and collaborate with bloggers who have a similar target audience. No less effective will be advertising in the media, in magazines for men and women. Think about the future, and as your profits grow, develop the site to the scale of a dating site where people from all over the country or the world can find the partner.