Question

What is a business opportunity?

Answer 1

Opportunity cost

Step-by-step explanation:

Opportunity cost is the next best alternative up by given another item

Like:

Burger price is : 100

A small burger and a drink price are : 100

You are also want drink.So,Burger will be your opportunity cost.

Answer 2

BUSINESS OPPORTUNITY:

The lease or sale of any equipment or products or service to begin a business by purchaser-licensee is a business opportunity shortly stated as bizopp.

The four significant elements that tends to a bizopp are namely,

• Need for the business
• means to solve the need
• method / strategy to apply the means
• method to benefit

The five types of business opportunity for entrepreneurs are

• Dealership or Distributorship
• Buy a Franchise
• Filling a Niche (a profitable small segment)
• Network marketing and
• Licensing