Hot topics for both consumers and webmarketers on WebmasterRadio.FM
Every Wednesday, 4PM Eastern.
Business Term Definition - Business Opportunity
A business opportunity is defined as being an investment made into a potentially profitable venture that is billed as an all-inclusive package. Many states regulate business opportunities, with each state listing different requirements for a legitimate business opportunity to meet, such as:
A business opportunity enables a buyer to start a business by selling or leasing them a product, service or equipment;
The fee paid to begin the business opportunity must exceed $500;
The seller guarantees a higher selling price for the product or service than the buyer paid, so as to ensure demand; and
The seller will buy back any unused product from the buyer if there is no opportunity to sell the product to the end consumer.
Save Tip
Tip Rating
Comments
Nobody has commented on this tip yet. Be the first.
LifeTips is part of ideaLaunch, the hub for a group of websites offering
solutions that help clients improve mind share, market share and profit online.