A business opportunity may be described as an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth. A business opportunity has five elements which are as follows:

1.    Assured market scope,
2.    An attractive and acceptable rate of return on investment,
3.    Practicability of the idea,
4.    Competence of the entrepreneur to encase it,
5.    Potential of future growth.

For more help in Elements of a Business Opportunity click the button below to submit your homework assignment