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A business opportunity (or bizopp) involves the 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. ConceptThe use of a toll-free telephone number makes it difficult for customers to immediately identify the company's geographical location. Moreover, a company can own many 1-800 numbers, using a different one for each area in which it advertises. In the event of consumer complaints, this thwarts investigators from recognizing the connection between biz-ops listings in various newspapers. A common type of business opportunity involves a company that sells bulk vending machines and promises to secure suitable locations for the machines. The purchaser is counting on the company to find locations where sales will be high enough to enable him to recoup his expenses and make a profit. Because of the many cases of fraudulent biz-ops in which companies have not followed through on their promises, or in which profits were much less than what the company led the investor to believe, governments closely regulate these operations. Multi-level marketing is often presented as a business opportunity, such as the phrase, "Let me tell you about an incredible ground-level business opportunity." In the United States, the Federal Trade Commission receives complaints and helps coordinate enforcement action against fraudulent business opportunities. From Wikipedia under the
GNU Free Documentation License What is the best way to seek business opportunities? Q. I am 20 and I want to get experience in managing/owning my own business. I go to school for business but I feel I need more knowledge. What is the best way to getting hands on experience? Asked by Lovely - Wed Dec 31 21:19:04 2008 - - 2 Answers - 0 Comments A. you aren't going to like much of my answer, but it is because you went to a school that didn't teach you how to think, just tell people what they want to hear. i have started several businesses, all of which have been successful, because they had to be, or i would starve. the first one was brute strength and ignorance hauling. i would drive up and down residential streets and look for something out of place that had to be disposed of. i'd guess at my expenses, add a few bux for profit, then knock on a door. sheer oportunitism. the next was a painting company. i knew what the going rate was for painting, and charged 1/2, and still made money because i worked harder. compete on price. the last was a national company that charged the same… [cont.] Answered by elmo o - Wed Dec 31 23:55:13 2008 What do you think are the business opportunities for cruise lines in the future? Q. I think it faces more threats (such as political,economical instabilities,environment al,increasing operational costs and competition from other cruise lines and resorts) than opportunities. Asked by Bonanza - Fri Apr 13 18:27:40 2007 - - 2 Answers - 0 Comments A. Cruise line will continue to make money , lots of it. They are great. The sinking of the Greek Cruise ship the Sea Diamon will not affect this industry. Everybody want to go on a cruise at least once. Answered by ServantJoe - Fri Apr 13 18:32:10 2007 Tell me about home-based business opportunities?
Q. Would like to learn about home-based business opportunities that a person can pursue in his spare hours every day. I don't want something that requires investment or having to keep an assistant, I wish to work independently to supplement my income. I am okay with working in front of the PC as well as working outside doing a real job so long as its not too strenuous. Looking for help on ideas. Could do with some extra dollars. Asked by piyush_bakshi - Wed Mar 19 00:54:27 2008 - - 13 Answers - 0 Comments A. That's a great question. There are a lot of opportunities online for people to make a little extra money these days. I personally run a home based business and have done a little of everything under the sun since it was started. You may consider things like working as a virtual assistant for webmasters, running your own blog, freelance work(writing-coding), selling on Ebay.com and so on. None of these options would require any sort of investment to get yourself started. Since you would also be interested in working offline as well, here are some job ideas I have done or come up with in the past: Professional Dog Walker Picking-up and Delivering groceries for elderly House/office cleaning In home computer repair(if you know how)… [cont.] Answered by jumpinjack01 - Wed Mar 19 11:26:58 2008 From Yahoo Answer Search: "Business opportunities"
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Telcom company Federated Telephone Selects DigiLIBE Information Management ... - MarketWatch (press release)
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Fri, 03 Sep 2010 09:04:42 GMT+00:00 Gary Post Tribune Participants will learn how to identify and convert business opportunities into realistic, money-making ventures. * Cyber Conflict and other Hazards of ... The Strangeness of 3M's Cogent Deal - New York Times (blog)
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