A business idea is a
concept that can be used to make money. Usually it centers on a
product or service that can be offered for money. A business
opportunity is a business idea that has been researched upon, refined
and packaged into a promising venture that is ready to launch. While
multiple business ideas may strike on a daily basis, only few of them
convert into opportunities. Example, Colonel Saunders tried for years
to sell his chicken recipe but no one listened to him until he
repackaged it with a detailed plan and KFC was born.
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