October 16, 2009, Newsletter Issue #261: Business Term Definition - Business Opportunity

Tip of the Week

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.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Small Businesses Tip Site? Request a Tip Now!


Guru Spotlight
Kristle Jones