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Dating websites are a pretty specific sub-group in the social networking world, and they offer a potentially lucrative business opportunity to web-savvy entrepreneurs.

These two methods, along with selling member personal data and ads on your site, are the two major means of generating revenue on a dating site without charging a subscription fee, as Jonathan Fox of the Free Dating Sites website outlines.

Decide which revenue generation method you will use on your site. The Web host provides space on a server for your Web pages.

Keeping the site free, rather than subscription-based, can help grow your user base but it means you'll have to design your service around generating revenue from other sources.

Look at other online dating websites to determine staples that your dating website must offer to be competitive.