Category Archives: Prize Competitions

How to run a successful prize competition business

How to start a prize competition business in 9 easy steps

By | Prize Competitions, Small Business, Start Up | No Comments

If you’re thinking about running a prize competition, either to promote your existing business, or perhaps running multiple competitions as a business in itself, you need to go about it in the right way.

If you don’t you will end up losing money and wasting a great deal of time and effort.

You may also find yourself breaking the law and inadvertently running a gambling business or an illegal lottery! If you are, you run the risk of being shut down.

As a solicitor, I’ve worked with a huge number of promoters helping them set up and run their prize competition businesses. The most successful ones follow a process similar to the one I have set out below. Read More