A business opportunity arises when an existing business owner intends to sell or lease his product, service or equipment, enabling another individual to build his or her own business. In general, business opportunities can involve sale of independent business or licensing of franchises or chain of retail outlets. In either case, the person who intends to start a business is the one who invests money.
One form of business opportunity arises when an independent business owner wants to sell or lease his enterprise. In this case, the person taking over the business usually gets no support whatsoever from the previous owner.
Franchising involves in obtaining a license for operating a successful business model, and sometimes, using the brand name of the franchisor. Usually, the franchisor helps the franchisee or the licensee in setting up the business at a location that is profitable.
A business opportunity is successful only when the essential factors - need, means and method are integrated. A business opportunity arises only when the seller or the lessor has a need to raise funds or cannot continue in business for any reason.
However, this need can be fulfilled only when there is an ideal buyer or investor, who has the necessary resources like money, space etc to fulfill obtain it. In addition to that, the buyer or the investor needs to have a proper method or a business plan to benefit from the opportunity.
In addition to that, the geographical boundaries, the domain or area of expertise and the timeframe are other factors that determine whether or not the business opportunity is created. | 
