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Updated RecentlySpectrum Home Services vs We Care Health Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spectrum Home Services vs We Care Health Services 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 | $125,000 - $150,000 |
| Franchise Fee | $25,000 | $40,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2000 | 1984 |
| Year Franchised | 2004 | 1986 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 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 | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
Franchise can be run from home.
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Spectrum Home Services
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.
About We Care Health Services
At We Care, we understand that seniors, and others who need care and support, enjoy an improved quality-of-life when they continue living at home in familiar surroundings. That’s why we’ve created the most professional, compassionate and attentive home care program in Canada. And it’s how we’ve grown into Canada’s largest independently owned home health service.
We’re locally based, so we understand your community and its history. We know the area’s unique character. Our own families are growing up here and in many instances, our parents and grandparents have helped shape the community’s history.
On the bigger scale, we’re nationally linked, with over 50 locations across Canada. We share successful practices, provide exclusive services, and are there when you need us.
It’s our compassion, along with the resourcefulness of a professional national network, that make us the care provider of choice for thousands of families all across Canada.
Established in 1984, We Care Health Services is now Canada's largest franchise system in the health care industry. We Care franchisees benefit from exploding demand for our services due to aging populations and government cutbacks, as well as the extensive support and infrastructure required to supply that demand.