A business opportunity is defined as
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- A clear and concise description of an opportunity that contains four elements.
- The process of creating a new or significantly improved good, service or process.
- The ability & willingness to start & assume the risk of business in the hope of making profit.
- A Potential Source of Business Opportunity
- The process used to test a business concept that helps decide whether a business has potential.
- The ability and willingness to start, operate and take the risk to operate a business is called
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