business opportunity

Is an opening that is capable of bringing returns with its attendant risks. We have 3 major types of risks;
1.high

2..moderate

3.low.

Some business opportunities are;

1.Agro-based industry

2.service industry

3,petroleum industry

4.technological industry

5.electronic and electrical industry

PROCESS OF EXPLORING BUSINESS OPPORTUNITY

1.you must know the need of running the business.

2.conduct self'-approved analysis

3.scan the environment and the industry

4.analyze  the business opportunity

5.select the best business idea

6.implement the idea

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