In this final paper, highlight is on the very process of spotting business opportunity. The process of spotting business opportunity is theoretically addressed, starting from the comparison of business idea and business opportunity. It explains how to solve a given problem in the best way, what trends the company is facing and what are shortcomings in the market. The key model in this paper is Green's model which gives information about entrepreneurial traits, behavior, market condition and competition. The conclusion of the theoretical part is Timmon's model, which, through the answers to the questions, gives a conclusion as to whether is a business idea also a business opportunity. In the practical part of this paper through Green's model, the business idea came through, gaps in the market were revealed, fear of competition, the validity of the entrepreneurial idea was examined thorough Timmons model. The idea discussed in the imperial part is the concept of rural co-working space in Slavonija and Baranja. The conclusion summarizes all the paper and the decision is made as to whether the business idea is also a business opportunity and how's Green's model important when analyzing the opportunity.