What’s a Business Opportunity Seller?
While specific definitions may vary slighty from state to state, a “business opportunity” is a packaged business investment that allows the purchaser to start their own business. A “business opportunity seller”, therefore, is someone engaged in the sale of such investments. Some of the more common examples of business opportunity ventures are Distributorships, Rack Jobbing and Vending Machine Routes.
All franchises are considered business opportunities, however, you cannot assume that all business opportunities are franchises. In general, business opportunities do not have the continuing relationship and strict specifications that exists between franchisees and their parent companies after the sale is made.
Business Opportunity Seller Surety Bond
Required by most states, this type of surety bond guarantees that sellers of business opportunities abide by the rules and regulations governing the sale of business opportunities in that particular state. For example, this type of bond may guarantee that the business opportunity seller will adequately assist the buyer in identifying a suitable business location or building a marketing or sales programs.
Complete our online Business Opportunity Seller Bond Application to get bonded!