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Acronyms that contain the term business opportunity 

What does business opportunity mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: business opportunity.

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WIBO

Workshop in Business Opportunity

Community » Educational

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NBO

New Business Opportunity

Miscellaneous

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IMBOF

Integrated Marketing Business Opportunity Forum

Business » Marketing

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CEBO

Creativity for Employment and Business Opportunity

Business

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CEBO

Creativity for Employment and Business Opportunity

Governmental » Employment

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OEBO

Office of Equal Business Opportunity

Business

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FBO

Federal Business Opportunity

Business

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CBOF

Chicago Business Opportunity Fair

Business

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IBON

Inglewood Business Opportunity Network

Business

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BEOP

Business Educational Opportunity Program

Business

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BEOP

Business Educational Opportunity Program

Community » Educational

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EBO

Equal Business Opportunity

Business

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OTDB

Opportunity To Do Business

Business

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OBO

Office of Business Opportunity

Business

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BOAP

Business Opportunity Assessment Program

Business

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BOE

Business Opportunity Exchange

Business

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MBOD

Minority Business Opportunity Day

Business

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BOP

Business Opportunity Program

Business

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BOA

Business Opportunity Assessment

Business

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NBOC

Northside Business Opportunity Center

Business

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SBOO

Small Business Opportunity Office

Business

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IMBO

Internet Membership to a Business Opportunity

Business » Companies & Firms

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TBOD

Texas Business Opportunity Development

Community » Development

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TBOD

Texas Business Opportunity Development

Business

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TBOD

Texas Business Opportunity and Development

Community » Development

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What does business opportunity mean?

Business opportunity
A business opportunity (or bizopp) involves sale or lease 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 different from the sale of an independent business, in which there is no continued relationship required by the seller. Eckhardt and Shane (2003) argue that when taking the path of entrepreneurship, one of the most important indictors for future entrepreneurship 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 Venkataraman state that individuals must possess prior knowledge and the cognitive properties necessary to value such knowledge in order to identify the new opportunity. This normally allows a triggering of the opportunity which can then move forward to scoping and validation.

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