Definition, Meaning & Synonyms

business-opportunity

Noun
/ˈbɪ.zɪ.nəs ˌɒp.əˈtjuː.nɪ.ti/
Definition
A situation or condition favorable for the establishment and growth of a business.
Examples
  • Starting a new tech company can be a significant business opportunity in today’s market.
  • The recent trends in online shopping present various business opportunities for retailers.
  • Investing in renewable energy is viewed as a promising business opportunity.
Meaning
It refers to a chance for entrepreneurs to create or expand a business venture that can lead to financial gain.
Synonyms
  • Venture
  • Opportunity
  • Prospect
  • Chance
  • Possibility