|
Below is an in-depth analysis and side-by-side comparison of Comfort Keepers vs A Better Solution including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $157,500 - $245,000 | $91,300 - $167,350 |
Franchise Fee | $50,000 | $42,750 |
Royalty Fee | 3-5% | 4% |
Advertising Fee | - | 1% |
Year Founded | 1998 | 1998 |
Year Franchised | 1999 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Finance, marketing, operational training available monthly | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations | Franchise can be started from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
We all need care at some point in our lives to cope with the demands and different aspects of daily living. This is especially true for our loved ones who are suffering from the effects of aging, disability, injury or surgery. A Better Solution is a a non-medical home care agency you can trust. We provide homemakers, companions and sitters to take care of your loved ones for you. Our services here at A Better Solution can be made available for temporary and/or long term care for clients who may need assistance with tasks of daily activities in their own residence or in a facility. A Better Solution is an advocate of individualized sensitive care to meet the individual needs of our diverse range of clients. Our services can be made flexible for certain arrangement in order to cater to special requests and many more. We go beyond our scope because we believe in building our strengths by putting ourselves in other people’s shoes. Through these, we hope to be able to make our clients happy and improve their quality of living.