|
Below is an in-depth analysis and side-by-side comparison of @Work HelpingHands Services vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $152,000 - $211,500 | $117,800 - $215,450 |
Franchise Fee | $35,000 | $28,000 - $37,000 |
Royalty Fee | 2.6%-6.5% | - |
Advertising Fee | - | - |
Year Founded | 1990 | 2012 |
Year Franchised | 2003 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-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 |
||
Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | Initial pre-start up training In house administrative training |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Accounting Home Care Management Software systems Troubleshooting |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
@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