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Below is an in-depth analysis and side-by-side comparison of RemedyTemp vs Absolute Best 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 | $95,000 - $155,000 | $49,940 - $59,990 |
Franchise Fee | $18,000 | $39,900 |
Royalty Fee | Varies | 7.5-6% |
Advertising Fee | - | - |
Year Founded | 1967 | 2002 |
Year Franchised | 1987 | 2006 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | Yes/No | No/No |
Payroll | Yes/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
NO LONGER FRANCHISING
The primary RemedyTemp office was opened by
Robert McDonough in Riverside, California in 1965. The organization
moved its central station to close-by Orange County seven years after
the fact and started a national development of its impermanent staffing
administration. Today the organization has areas across the nation
filling transitory, impermanent to-contract and low maintenance
positions. RemedyTemp is exchanged on the NASDAQ trade under the REMX
image.
Absolute Best Care is the premier, Nationwide Professional Nanny Placement Agency. More and more families today are turning to Nannies and in-home childcare for their families and are rapidly seeking extensive help in hiring quality Nannies, Baby Nurses, Housekeepers and Babysitters. For working parents, single moms, single dads and stay-at-home parents with one or multiple children; these services are clearly in high demand and growing at a fantastic pace. Families these days with limited time and knowledge are looking for the trusted source to help them hire their caregivers. If you always dreamed of owning your own business and you are ready to capture your share of the $58 billion childcare market, use the Absolute Best Care franchised system to change your life.