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Updated RecentlySpectrum Home Services vs Angel Companions Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spectrum Home Services vs Angel Companions 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 | $55,750 - $81,950 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 5% | 5% graduated down to 3% |
| Advertising Fee | - | N/A |
| Year Founded | 2000 | 2004 |
| Year Franchised | 2004 | 2010 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Medical experience is not required. A successful franchisee will have strong work ethics, possess a vision for their lives, have a willingness to learn, and a drive to succeed. People with demonstrated success in interacting with others and a desire to serve the community by making a difference in people's lives are a good fit for this business. | |
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 | - | Up to 3 individuals will attend a 40 hour training program at the corporate offices prior to the opening of your business. Six different instructors will review the start up process and provide valuable training on how to manage and grow your business. Field training will include sales, marketing, and live assessment visits in the client's home. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Technical assistance in obtaining any required State licensure will be provided. During the first 4 months of operations we will spend a minimum of one day a month at your location to provide operational support and assistance. An Operations Manual will be provided to you and unlimited, on-going phone support is available. |
| 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 | - |
| 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 Angel Companions
The Angel Companions organization is perfectly positioned for growth in the senior care franchise industry. Since our concept was founded, we have grown our client base dramatically, and demonstrated our reputation for compassionate care while bringing peace of mind to seniors and their families. It's knowing that we are truly making a difference in people's lives that makes every day special. And that's why we have always been committed to ensuring that not only are we providing quality in-home senior care, but that we also continually work to build a well-balanced team of professionals, improve our operational efficiencies through the use of the latest technologies, and stay abreast of trends and developments in our industry. Now, as the Angel Companions network expands, and strives to bring greatly needed services to seniors and families across the country, we need the help of qualified, motivated people like you to help propel us forward. With the Angel Companions senior care franchise program, you'll have the chance to own an independent business supported by our years of experience and you'll have the chance to make a difference in the lives of others, and in your own life as well! The time is right to get on board with a fast-growing, professionally-backed senior care franchise! For more information on the many benefits of the Angel Companions franchise program, for franchise owners and their communities, visit our Frequently Asked Questions page, request more information, or contact us at [email protected] or 610-644-8780.