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Competitions

August 9, 2011 by admin
Filed under: Business, Business Idea 

You can run all sorts of hobby-based competitions, for example painting competitions, creative writing competitions, poetry competitions, photography competitions.

Revenue comes from charging entrance fees, a portion of which then goes as prize money.

Whilst not a huge business on its own, running competitions can be an excellent way of generating publicity for your business while earning a modest income, right?

 

Information Sharing

Information sharing business is where you sell information regarding your particularly hobby or interest.

Examples of this type of business:

  • Setting up a website where you list all the events that would be of interest to those participating in your hobby and charging a membership or subscription fee.
  • Publishing your own guide books or annual directories listing all the information about your particular hobby.
  • Publishing your own regular magazine or newsletter.

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