375:
132:
36:
234:
77:
462:
With any one of the elements missing, a business opportunity may be developed, by finding the missing element. A desirable characteristic is for the combination of elements to be unique. The more control an institution (or individual) has over the elements, the better they are positioned to exploit
320:
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
353:
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 them to recoup their expenses and make a profit. Because of the many cases of fraudulent biz-ops in which companies have not
441:
A business opportunity consists of four elements all of which are to be present most often within the same domain or geographical location, before it can be claimed as a business opportunity. These four elements are:
332:
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 state that individuals must possess prior knowledge and the
354:
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.
244:
341:
in order to identify the new opportunity. This normally allows a triggering of the opportunity which can then move forward to scoping and validation.
95:
255:
492:
Shane, S. and
Venkataraman, S., 2000. The promise of entrepreneurship as a field of research. Academy of management review, 25(1), pp.217-226.
196:
168:
17:
396:
149:
49:
526:
Official federal government procurement opportunities allowing contractors to retrieve services posted by government buyers.
175:
321:
different from the sale of an independent business, in which there is no continued relationship required by the seller.
182:
422:
291:
273:
215:
113:
63:
404:
483:
Eckhardt, J.T. and Shane, S.A., 2003. Opportunities and entrepreneurship. Journal of management, 29(3), pp.333-349.
539:
164:
400:
153:
523:
361:
receives complaints and helps coordinate enforcement action against fraudulent business opportunities.
55:
385:
358:
248:
that states a
Knowledge editor's personal feelings or presents an original argument about a topic.
189:
389:
142:
251:
91:
8:
517:
436:
329:
325:
533:
501:
464:
350:
338:
334:
374:
349:
A common type of business opportunity involves a company that sells
131:
447:
324:
Eckhardt and Shane (2003) argue that when taking the path of
317:
313:
245:
personal reflection, personal essay, or argumentative essay
520:, State of Connecticut Department of Banking, July 1995.
455:
A method to apply the means to fulfill the need and;
364:
156:. Unsourced material may be challenged and removed.
86:
may be too technical for most readers to understand
504:, Federal Trade Commission, retrieved 11 July 2014
328:, one of the most important indicators for future
531:
27:Sale or lease enabling the start of a business
518:Investor Bulletin: Business Opportunity Fraud
403:. Unsourced material may be challenged and
64:Learn how and when to remove these messages
423:Learn how and when to remove this message
292:Learn how and when to remove this message
274:Learn how and when to remove this message
216:Learn how and when to remove this message
114:Learn how and when to remove this message
98:, without removing the technical details.
14:
532:
96:make it understandable to non-experts
401:adding citations to reliable sources
368:
227:
154:adding citations to reliable sources
125:
70:
29:
337:properties necessary to value such
24:
25:
551:
511:
45:This article has multiple issues.
373:
365:Makeup of a business opportunity
232:
130:
75:
34:
141:needs additional citations for
53:or discuss these issues on the
524:Federal Business Opportunities
495:
486:
477:
13:
1:
470:
463:the opportunity and become a
452:The means to fulfill the need
7:
10:
556:
434:
357:In the United States, the
344:
359:Federal Trade Commission
540:Business opportunities
254:by rewriting it in an
165:"Business opportunity"
18:Business opportunities
397:improve this section
306:business opportunity
150:improve this article
458:A method to benefit
437:Market opportunity
256:encyclopedic style
243:is written like a
433:
432:
425:
302:
301:
294:
284:
283:
276:
226:
225:
218:
200:
124:
123:
116:
68:
16:(Redirected from
547:
505:
499:
493:
490:
484:
481:
428:
421:
417:
414:
408:
377:
369:
330:entrepreneurship
326:entrepreneurship
297:
290:
279:
272:
268:
265:
259:
236:
235:
228:
221:
214:
210:
207:
201:
199:
158:
134:
126:
119:
112:
108:
105:
99:
79:
78:
71:
60:
38:
37:
30:
21:
555:
554:
550:
549:
548:
546:
545:
544:
530:
529:
514:
509:
508:
500:
496:
491:
487:
482:
478:
473:
439:
429:
418:
412:
409:
394:
378:
367:
347:
298:
287:
286:
285:
280:
269:
263:
260:
252:help improve it
249:
237:
233:
222:
211:
205:
202:
159:
157:
147:
135:
120:
109:
103:
100:
92:help improve it
89:
80:
76:
39:
35:
28:
23:
22:
15:
12:
11:
5:
553:
543:
542:
528:
527:
521:
513:
512:External links
510:
507:
506:
494:
485:
475:
474:
472:
469:
460:
459:
456:
453:
450:
431:
430:
381:
379:
372:
366:
363:
346:
343:
300:
299:
282:
281:
240:
238:
231:
224:
223:
138:
136:
129:
122:
121:
83:
81:
74:
69:
43:
42:
40:
33:
26:
9:
6:
4:
3:
2:
552:
541:
538:
537:
535:
525:
522:
519:
516:
515:
503:
498:
489:
480:
476:
468:
466:
457:
454:
451:
449:
445:
444:
443:
438:
427:
424:
416:
406:
402:
398:
392:
391:
387:
382:This section
380:
376:
371:
370:
362:
360:
355:
352:
342:
340:
336:
331:
327:
322:
319:
315:
311:
307:
296:
293:
278:
275:
267:
257:
253:
247:
246:
241:This article
239:
230:
229:
220:
217:
209:
198:
195:
191:
188:
184:
181:
177:
174:
170:
167: –
166:
162:
161:Find sources:
155:
151:
145:
144:
139:This article
137:
133:
128:
127:
118:
115:
107:
97:
93:
87:
84:This article
82:
73:
72:
67:
65:
58:
57:
52:
51:
46:
41:
32:
31:
19:
497:
488:
479:
465:niche market
461:
440:
419:
413:October 2022
410:
395:Please help
383:
356:
351:bulk vending
348:
323:
309:
305:
303:
288:
270:
261:
242:
212:
206:January 2013
203:
193:
186:
179:
172:
160:
148:Please help
143:verification
140:
110:
104:January 2013
101:
85:
61:
54:
48:
47:Please help
44:
312:) involves
264:August 2024
502:What We Do
471:References
435:See also:
176:newspapers
50:improve it
384:does not
339:knowledge
335:cognitive
56:talk page
534:Category
467:leader.
405:removed
390:sources
345:Concept
250:Please
190:scholar
90:Please
310:bizopp
192:
185:
178:
171:
163:
318:lease
197:JSTOR
183:books
448:need
388:any
386:cite
314:sale
308:(or
169:news
399:by
316:or
152:by
94:to
536::
446:A
304:A
59:.
426:)
420:(
415:)
411:(
407:.
393:.
295:)
289:(
277:)
271:(
266:)
262:(
258:.
219:)
213:(
208:)
204:(
194:·
187:·
180:·
173:·
146:.
117:)
111:(
106:)
102:(
88:.
66:)
62:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
