Forums: Discussions for entrepreneurs and small business.

I have a business idea for a website to help people stretch their money. 

The concept is to create a localized website that will list activities & suggestions for individuals or families that are low-cost or no cost.  While I think this will be a great resource, I`m not sure how I would be able to maximize my earning potential.  I know I can sell advertising on the website, but what other ways will I be able to make a reasonable income? 

 

PS..This is my first post, but I`ve been lurking for a while.  Thanks for all the suggestions, past & future.

Is this like a blog site?  I apologize, I`m just trying to get a better idea of exactly what you have in mind with this.

Also, in order to sell advertising on any website you are going to need a large amount of traffic yourself.  What are your plans for getting the users?  What`s your budget for marketing? 

 

I`m not sure if I would use a blog layout or not, I`m still planning the site.  So far, my idea is to inform people about events and specials around town that are free or low-cost.  For instance, you`re sitting at home broke & bored, what is there to do?  The website would be able to help you find things within your budget.  I would also post weekly deals or local specials - anything that will help consumers save money.  Any additional ideas that pop into my head during development would be incorporated as well.