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Below is an in-depth analysis and side-by-side comparison of Spectrum Home Services vs Right at Home including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $58,000 - $99,950 | $80,150 - $147,150 |
Franchise Fee | $25,000 | $49,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2000 | 1995 |
Year Franchised | 2004 | 2000 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 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 | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Two full weeks of training at our corporate office in Omaha, Nebraska. You'll learn about the administrative and operational sides of the business during this time, as well as specific sales and marketing techniques for a home health care franchise. You'll also receive detailed computer software instruction on our communication and invoicing systems. After your senior care franchise opens, we'll provide on-site guidance to help you establish successful daily routines to help grow and maintain your business. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | *Recruitment and selection systems that help you hire friendly, trustworthy caregivers *Training through Right at Home University, our free, proprietary, Web-based education program *Care Rewards, our extensive incentive and reward programs, keep your staff happy and motivated Ongoing Support At every stage of development for your home care franchise, you'll have access to a team of experienced specialists that will help guide you through any situation. In a recent survey, Right at Home franchisees rated our overall knowledge of their business and support needs a 4 out of 5. |
Marketing | Ad slicks, Regional advertising | Ad slicks |
Operations |
Franchise can be run from home.
Absentee ownership of franchise is NOT allowed. |
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Spectrum Home Services was started in 2000 accordingly of Jenny Nelson's Masters Project. Jenny Nelson, an enrolled Physical Therapist, chose to backtrack and get her Masters in Gerontology. As a feature of the Masters in Gerontology program, Jenny needed to build up a marketable strategy concentrating on the necessities of seniors.
As a Physical Therapist, she would always observe individuals she had watched over in the nursing home return since they had re-harmed themselves attempting to keep up their homes. The longing was to create strategy for success to address this need.
Jenny built up the Spectrum Home Services strategy for success keeping in mind the end goal to address these home support issues. At the time, the standard logic inside the medicinal services industry was that senior care organizations just tended to those issues managing the customers mind. That theory neglected to consider that the need to keep up the house was additionally an essential part of permitting the customer to live freely.
Obviously, Jenny's educator was suspicious and gave her a C. Jenny is not one to acknowledge a C. Angry with the review, she quickly had her Husband Tony Nelson, an authorized Realtor and Property Manger, read the arrangement. Tony read the strategy for success and understood the requirement for seniors additionally perceived that bustling property holders, children of post war America, and land experts required a similar comprehensive administrations. Tony urged Jenny to talk about the review with her teacher.
The following day Tony quickly quit his property administration work and centered his endeavors full time around building the Spectrum Home Service demonstrate into an effective business. Jenny contended her review with the suspicious educator and had the review change to a B.
Today, the once suspicious educator is quite a while customer of Spectrum Home Services, was the keynote speaker at the primary Spectrum Home Services Franchisee Conference and is a major supporter of Spectrum Home Services mission and endeavors. Since the beginning of the organization, Spectrum Home Services clientèle has developed to incorporate occupied property holders, youthful moms, land organizations, seniors, non-medicinal senior care organizations, home wellbeing offices, strong restorative hardware suppliers and some more. Our essential objective is to make a sheltered, very much kept up environment for each of our customers, regardless of what phase of life they're in.
At Spectrum Home Services we understand that our customers have different home administration needs running from dynamic seniors, occupied mortgage holders, and experts. When you call a Spectrum Home Services office, you can be guaranteed that your needs turn into our needs and that we will do all that we can to address your issues.
What is a Home Health Care Franchise?
A home health care franchise from Right at Home serves the needs of individuals who aren't ready for an institutional setting, but need assistance to remain living in the comfort and privacy of their own home. A Right at Home franchise provides trained, insured and bonded caregivers to seniors and disabled adults based upon the needs of each individual client.
As a home health care franchisee, you would be responsible for the administration, training and management of these caregivers. In addition, you would network with referral sources and position yourself as the expert in home health care in your area. At the end of the day, you will have helped an individual maintain quality of life and made your community a better place to live.
Starting a Home Health Care Business
Once in a great while, extraordinary market opportunities present themselves. Right now, our population is aging quickly causing an unprecedented demand for senior home care products and services. Through home health care franchise opportunities, Right at Home provides home health care and assistance for seniors and disabled adults. There's never been a better time to consider a senior home care franchise opportunity with Right at Home.
A Right at Home franchise provides innovative programs, training and procedures that allow you to efficiently and effectively provide a full spectrum of senior home care and medical staffing services. Our senior home health care franchise allows you to offer services such as companionship, personal care, and skilled nursing. As a result, you have the ability to expand the breadth of your services, retain clients for longer periods of time, and distinguish yourself from the competition.