Royalties – Contracts – Business Opportunities normally do not collect royalties or involve any purchasing contracts. A franchise almost always charges a percent of gross monthly income; anywhere from 3-15%. Additionally, most business opportunities don’t require a contract, nothing needs to be signed, and one is not bound by a complicated set of legal rules and regulations.
Business opportunities often provide additional features. For example Hurley’s package provides a personal, professional website to every buyer. The site is not a corporate site, it is a customized site that reflects the buyer’s company name, cities and school districts serviced. A franchise uses one corporate site with possibly a list of where the franchises are located and a contact number. Having an interactive website of one’s own where customers can contact the owner of the company, is a big plus and adds up to more sales.
These are the main differences between a business opportunity and a franchise. If you would like additional information, stop by the Home Tutoring Business site at http://www.hometutoringbusiness.com and see a business opportunity in action.
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