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A Tale of Two Opportunities

If you're considering buying a franchise or business opportunity, here's what you need to know before making your decision.

By
This story appears in the May 2005 issue of Start Up.

Homebased franchises and business opportunities offer investment opportunities built on a truly irresistible principle: Own a business, be your own boss, work out of your home and leave behind that hideous commute.

The basic appeal may be the same, but franchises and business opportunities are more different than they are alike. They share DNA--they both offer an opportunity to begin a new business--but each has distinct pros and cons. Understand those key differences, and your search for that perfect business investment can really pay off.

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