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Below is an in-depth analysis and side-by-side comparison of Home Instead vs Amada Senior Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $108,900 - $124,910 | $82,150 - $275,500 |
Franchise Fee | $55,000 | $42,000 - $48,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2% | 1% |
Year Founded | 1994 | 2007 |
Year Franchised | 1995 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We know that our proven business model works, so finding the right type of owner is very important to us. They come from all walks of life and backgrounds, but we only award franchises to those who are willing to be involved in the business full-time. Also, while we can teach you to run a unique senior care business, our owners also must have a passion to make a difference in the lives of the elderly. Want to see if you have what it takes to be a Home Instead Senior Care franchise owner? Fill out our form here http://www.thefranchisemall.com/request/ | Owning an Amada Senior Care business requires an investment with two major components - human and financial. Above all, we're looking for good human beings - compassionate and motivated individuals with a drive to help and a drive to become effective business leaders. We can train you in nearly everything else, but nothing can compensate for lack of desire and heart. We look for franchisees who are: *Compassionate/Charitable *Competitively driven to be the best *Urgency in all things *Farmer/Entrepreneur mentality *Confidently Humble |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | Every new owner must complete a week-long training class held at our global headquarters in Omaha, Nebraska. But training never really ends. Our Training Department assigns a business coach to each new franchise owner during the critical first months to assure a smooth and successful start-up. Beyond all this, training continues throughout your tenure as a Home Instead Senior Care franchise owner. A Business Performance team assigned to you will assist and support you throughout your development. Then, our annual convention, state meetings and mentoring program provide perfect opportunities for you to learn more about how to run your business including the introduction of new marketing programs and approaches to running your business. Taken together, these may be the most compelling reasons to own a Home Instead Senior Care franchise. On-The-Job Training: Mentoring program Classroom Training: 40 hours Additional Training: Online training, 5 weeks; webinars, on-site visits | On-The-Job Training: 48 hours Classroom Training: 46 hours |
Support | Over 100 Home Office staff draw on the collective Home Instead Senior Care network's 14 years of senior care experience to help you run your business efficiently. But, that's not all, our technical support team stands ready to coach you through any software and technology questions you may have. Support is available to you 24 hours a day, 7 days a week. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates Social media Website development Email marketing |
Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 12 Absentee ownership of franchise is NOT allowed.
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Home Instead Senior Care was founded in 1994 by Paul and Lori Hogan.
Based in Omaha, Nebraska, it provides part-time, full-time and live-in nonmedical service for the elderly who can manage their physical needs but require assistance, supervision, light housework and companionship to remain in their homes.
The demand for services in the senior care industry continues to increase every year. More than 10,000 people turn 65 every day and by the end of 2012, the senior population in America will reach nearly 49 million. By 2025, it will grow to nearly 72 million.
True Caring is Exploring All Care Options
There's only one way to say this: Amada is different. Over the last 7 years we have built a business model insisting that seniors and their families explore all of their care options. Amada is one of the only senior care companies in North America that provides in-home non-medical care as well as assisted living placement consulting services. Today, Amada is one of the fastest growing senior care companies in California.