@Work HelpingHands Services vs The Haven Family Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of @Work HelpingHands Services vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
@Work HelpingHands Services Franchise
The Haven Family Care Franchise
Investment $152,000 - $211,500N/A
Franchise Fee $35,000$15,000
Royalty Fee 2.6%-6.5%-
Advertising Fee --
Year Founded 1990-
Year Franchised 2003-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
@Work HelpingHands Services Franchise
The Haven Family Care Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    @Work HelpingHands Services Franchise
    The Haven Family Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables Yes/No-/-
    Payroll Yes/No-/-

    Training & Support

     
    @Work HelpingHands Services Franchise
    The Haven Family Care Franchise
    Training On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings

    At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business!

    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform

    Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity

    Marketing Ad Templates Regional Advertising Social media SEO Email marketing-
    Operations Franchise can be run from home.

    60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    @Work HelpingHands Services Franchise
    The Haven Family Care Franchise
    US Expansion YesNo
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About @Work HelpingHands Services

    @WORK's Franchise Offering Includes All Four Programs for One Franchise Fee @WORK Personnel * 98% of companies use some form of personnel staffing * Predominately staffs employees in administrative and industrial fields * 3 million people per day are employed by staffing companies * 79% of staffing employees work full time, virtually the same as the rest of the work force

     @WORK Medical * Mostly staffs employees in the health care field such as nurses and allied healthcare workers * With a shortage of nurses and the new healthcare reform this program is in high demand * Recession resistant

     @WORK HelpingHands * Provides non-medical home care and service assistants to individuals who desire help doing daily tasks * Offers four services: Daily Living Assistance & Senior Services; Personal Concierge; Homemaker's Services; and Parent's Helper * 9 out of 10 seniors prefer to grow old in their home

    @WORK Search * Provides a full-service, direct-hire recruiting franchise opportunity * Recruits highly sought accounting, engineering, information systems, human resource, and sales professionals

    Veterans Discount: 20% off Franchise Fee

    About The Haven Family Care

    The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.