Start A Fantasy Boxing Sports Business - Business Ideas

Start A Fantasy Boxing Sports Business - Business Ideas
Start A Fantasy Boxing Sports Business

Starting a fantasy boxing sports business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell fantasy boxing sports, or selling fantasy boxing sports online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$155B
starting costs
$5.89K
gross margin
65%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Training & Education Expenses $0 $1,000
Software Expenses $0 $594
Advertising & Marketing Costs $0 $2,750
Website Costs $13 $215
Specific Industry Expenses $0 $100
Total Startup Costs $13 $11,659

Successful Businesses

Business URL Rank
Crackstreams crackstreams.is #6,633
fightnews.com fightnews.com #67,458
Boxing News, Results, Opinions, Predictions, Videos & Rankings boxingnews24.com #154,011
AIBA aiba.org #219,099
The Philippines' Boxing Portal philboxing.com #221,652
Sportscards.com sportscards.com #226,747
Boxing News 24/7 boxing247.com #240,073
World Boxing Association – WBA Official Site wbaboxing.com #321,049
Boxing Daily boxingdaily.com #389,054
FIGHTHYPE.COM fighthype.com #531,917
Ghana Sports Online ghanasportsonline.com #587,017

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a fantasy boxing sports business costs significantly less money than most businesses, ranging anywhere from 12 to 11,659.
Rewarding work Starting a fantasy boxing sports business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A fantasy boxing sports business gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your fantasy boxing sports business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your fantasy boxing sports business in order to stay relevant for your audience and for those searching on google.
Lack of benefits With a fantasy boxing sports business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a fantasy boxing sports business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a fantasy boxing sports business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a fantasy boxing sports business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

Pat Walls,  Founder of Starter Story
Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

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