Senior Helpers vs IKOR Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Senior Helpers vs IKOR including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Senior Helpers Franchise
IKOR Franchise
Investment $109,300 - $179,750$86,450 - $138,083
Franchise Fee $49,500$37,500
Royalty Fee 5%8%
Advertising Fee 1%1%
Year Founded 20012000
Year Franchised 20052010
Term Of Agreement 15 years10 years +5+5+5
Term Of Agreement 15 years10 years +5+5+5
Renewal Fee --


Business Experience Requirements
 
Senior Helpers Franchise
IKOR Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Staffing or temp placement skills
    		• -

    Financing Options
     
    Senior Helpers Franchise
    IKOR Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Senior Helpers Franchise
    IKOR Franchise
    Training On-The-Job Training: 50 hours Classroom Training: 69 hours Additional Training: Additional on-site training; computer-based training Classroom Training: 74 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing-
    Operations Absentee Ownership Allowed Number of Employees Required to Run: 3Number of Employees Required to Run: 2

    Expansion Plans
     
    Senior Helpers Franchise
    IKOR Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Senior Helpers

    Be more than a professional caregiver Join Senior Helpers and help seniors and their families enjoy life to the fullest! Would you like a rewarding and gratifying job as a caregiver where you can make a difference in someone's life? We are currently looking for caring, kind, dependable and personable individuals who desire to provide non-medical, in-home care to the elderly. Tasks include:
    * Companionship and conversation
    * Meal preparation and planning
    * Light housekeeping
    * General assistance
    * Personal care assistance (bathing, dressing & grooming)
    Contact us today to join our team

    The estimated total initial investment necessary to begin operation of a Senior Helpers Home Care Business ranges from $109,300 to $150,800.
    This includes an initial fee of $49,500 that you must pay to the franchisor.
    If you are purchasing a Senior Helpers Franchised Business from an existing franchisee, other than the purchase consideration, the estimated initial investment ranges from $33,700 to $179,750.
    Veteran Incentives  15% off franchise fee
    "Entrepreneur
    #249 in Franchise 500 for 2020.
    #135 in Franchise 500 for 2021.

    About IKOR

    A Unique and Rewarding Opportunity in the Senior and Disabled Professional Services Sector IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psycho-social and financial life plans. With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.

     IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a positive impact on the lives of individuals and families in their communities. Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual.

    The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children. If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us! Take the next step toward being your community's solution for the issues of seniors and the disabled.

     IKOR has identified the need, and developed the solution to address the specific medical, financial and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options and programs all become yours when you join IKOR! What we seek in return is your dedication to providing services and intervention focused solely on the client. We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture in so many ways. Contact us today to find out more about the IKOR franchise program and begin your journey toward discovering if IKOR is right for you.

    Veteran Incentives  10% off franchise fee