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A business opportunity is a prepackaged 'business' that is sold to
entrepreneurs. The business opportunity is like the framework of the actual
business. Usually the job of promotion, customer relations, and finance falls
into your hands. The 'business opportunity' package is just to get you started.
Vending is an example of a business opportunity. You buy vending
machines to create your own vending business. Another example of
business opportunity is medical billing. You buy a kit that shows you how to
file medical claims.
Business opportunities can be found online or in the newspaper. You also
find business opportunity ads on infomercials or on the radio. Most
business opportunities require an initial cash outlay of $100-10,000
although there are more expensive ones.
A lot of people get business opportunities confused with 'work at home'
listings. Work at home listings typically involve working for another company.
Envelope stuffing for example you stuff envelopes company that needs
stuffed envelopes. By the way, envelope stuffing and typing offers are scams.
Business opportunities are targeted to entrepreneurs who are trying to
establish their own business. Business opportunities also require a much
larger cash outlay than most work at home listings.
However, not all business opportunities are legitimate. Some are outright
frauds. To learn more about fraudulent business opportunities read the next
section: Tips to Avoid Business Opportunity Scams
