Definitions for business opportunity
busi·ness op·por·tu·ni·ty

WikipediaRate this definition:2.0 / 4 votes

1. Business opportunity

   A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee. This is different from the sale of an independent business, in which there is no continued relationship required by the seller. Eckhardt and Shane (2003) argue that when taking the path of entrepreneurship, one of the most important indictors for future entrepreneurship is the skill of finding the business opportunity. This is seen as the lynchpin around which the promise of entrepreneurial venture is to be built . Shane and Venkataraman state that individuals must possess prior knowledge and the cognitive properties necessary to value such knowledge in order to identify the new opportunity. This normally allows a triggering of the opportunity which can then move forward to scoping and validation.

WikidataRate this definition:2.9 / 7 votes

1. Business opportunity

   A business opportunity involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee. This is different from the sale of an independent business, in which there is no continued relationship required by the seller.

How to pronounce business opportunity?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say business opportunity in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of business opportunity in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of business opportunity in Pythagorean Numerology is: 9

Examples of business opportunity in a Sentence

1. Modoc National Forest:

   This allows trainers who are willing to train large quantities of horses a business opportunity. Several trainers have already stepped up committing to some of these horses, horses can also be sold to sanctuaries, become ranch stock horses, packing horses, or to buyers that may send them to slaughter.

2. Kelsey Rice:

   We recognized that as a great business opportunity.

3. Johnson Johnson:

   A great business opportunity is out there right now for somebody right now to solve the problem of the decentralized medical records.

4. Japanese Prime Minister Shinzo Abe:

   We planned to sign documents on a number of projects in the chemicals sector and power station construction for a total sum of more than $18 billion. These documents have just been signed, japanese companies have now gained one more big business opportunity. And I will be happy if President Berdymukhamedov assists the implementation of these projects.

5. Dou Yong:

   Huawei will be very actively participating in this business opportunity, this bidding process has several steps ... We are ready and we will follow the process until the bid to select a vendor to implement it starts and for sure we will be part of the tender process.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Business_Opportunity
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=business opportunity