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3. You're not in control of your job security. Corporate downsizing will still apply and even if you have that rare and special skill that they once found indispensable, you might find yourself back on job search track. Also, unless you have a written agreement that your telecommuting arrangement is set in stone, employers can pull you back into office at their discretion.

4. Big brother will be there looking over your shoulder. Employers need to know that their employees are being productive. They just can't help themselves. This puts more pressure on you to meet deadlines, to prove that you will be at least as efficient (if not more efficient) that your on-site coworkers. Even companies that champion telecommuting often have strict checks and balances to ensure that you're not lying around watching television or heading off to beach. Supervisors are often suspicious to point of micromanaging their telecommuters.

You just can't afford to be lured away by many distractions of home office. The television beckons, kids want your attention, you just want to get a load of laundry in... This is not to say that you can succumb to these distractions as a home business owner, but difference is that you call shots.

With your own home business, you are Big Brother, Big Sister, The Big Cheese- your own boss. You set goals and pace and it's up to no one but you how and when you meet them.

5. And lastly, but most importantly... when you are a home business owner you get to take a vacation whenever you want. Could there be a better reason to stop looking for a telecommute job and start a home business?