List any two elements of a business opportunity.
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Two elements of a business opportunity:
- The two basic elements of business opportunities are (A) Market for the idea (B) Availability of Funds.
- For an idea to an opportunity, it is essential to have a reasonable market base.
- Though initially there might not be sufficient customers or clients, however over time there must be demand and market for the opportunity.
- Second, for a successful opportunity to be profitable, the availability of funds is essential.
- Easy and cheap availability of capital determines the success of a business.
To learn more about Business Opportunity:
What is business opportunity?
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