Synergy HomeCare vs Executive Care Franchise Comparison

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

Start-Up Costs and Fees
 
Synergy HomeCare Franchise
Executive Care Franchise
Investment $38,991 - $160,718$99,650 - $169,900
Franchise Fee $27,000 - $94,000$44,900
Royalty Fee 5%5%
Advertising Fee 2%-
Year Founded 20002004
Year Franchised 20052012
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements
 
Synergy HomeCare Franchise
Executive Care Franchise
Experience
  • General business experience
    		•  Optimistic Strong management and/or marketing sales backgrounds Readiness to learn and a passion to succeed. A minimum net worth of $200,000 to $300,000 and at least $100,000 liquid capital available for investment into the business Able to work long hours Not afraid of financial risks Supporting spouse and/or family Exceptional time-management skills and ability to multi-task Commitment to the mission, principles and guidelines of the Executive Care franchise system Commitment to your Executive Care business, your clients and your community If this describes you, and YOUR goals line-up with OUR goals, we want to begin a discussion with you.

    Financing Options
     
    Synergy HomeCare Franchise
    Executive Care Franchise
      In-House/3rd PartyIn-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
     
    Synergy HomeCare Franchise
    Executive Care Franchise
    Training -Executive Care has developed a comprehensive one-week instructional and hands-on training program to guide new owners every step of the way as they move toward opening their own Executive Care business. The training takes place at our corporate offices in Hackensack, New Jersey. You will learn about the administrative and operational sides of the business and specific sales and marketing techniques for a home care franchise. You will also spend time with Executive Care operations managers, patient coordinators and home care marketers to learn and experience the inner-workings of a fully-functional home care agency. You will receive hands-on training in our computer software platform, which includes scheduling, billing and payroll functions, customer relationship management (CRM), and a proprietary intranet for easy communication between franchisees and Executive Care franchise team.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsAfter opening of your own Executive Care business, we are committed to supporting you and your team to address any needs you may have regarding recruiting, networking, business planning, marketing and growth. Executive Support Program For the first 12 months of your operations, you'll be enrolled in the Executive Support Program. In this program, a support person will be assigned to you and will be dedicated to answering all of your questions as you develop and grow your new Executive Care business.
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Synergy HomeCare Franchise
    Executive Care Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Synergy HomeCare

    Join the Fastest Growing Franchise

    in the Fastest Growing Industry

    Turned into a Synergy HomeCare establishment proprietor and go along with one of the quickest developing non-therapeutic home care establishments in North America!

    * #3 in the Franchise Business Review's Franchise 50 Awards!
    * Recognized by Entrepreneur Magazine as one of the Top 500 Franchises!
    * MSNBC Top 10 Business List
    * Recession-confirmation
    * In-home senior care is the quickest developing industry
    * Low start-up expenses
    * Proven framework
    * Turn key operation

    There are presently more than 34 million individuals in the U.S. over age 65 - around 12% of the populace. In 25 years, this age gathering will develop to more than 70 million. With our built up establishment idea, you can help the opportune people give important non-restorative home care administrations - administrations that specifically affect the personal satisfaction of our customers and their families. Prepared for an establishment opportunity that will give you finish control over your budgetary future?

    1. Do the exploration

    Find out about Synergy HomeCare establishments, start-up necessities, history, inquiries and venture required.

    2. Get more data

    Ask for our UFOC and definite data.

    3. Discover what's next

    Find out about the way toward turning into a Synergy HomeCare franchisee.

    "Entrepreneur
    #467 in Franchise 500 for 2020.

    About Executive Care

    Starting a business on the right path is critical, and with the Executive Care Franchise Team on your side, we are confident you will be successful. Recession-proof business in a growing market. With population growth, demand for home care is greatly expanding and will continue to expand well into the 21st Century. A successful and effective business model, Executive Care's proven business model provides excellent opportunity to succeed. The model provides franchisees with a framework to meet customer needs, utilize key resources, and allow Executive Care to deliver exceptional customer value. An individual approach to franchisee support Executive Care provides each and every franchisee with proven systems, operations and procedures manuals, software technology platform, resources and support. Our goal is to help all franchisees deliver the best possible home care services to clients. Executive Care provides its franchisees with a complete back-office support, including payroll processing, and billing of accounts. We take care of your back office so you can focus on marketing and sales! An experienced and dedicated team The Executive Care team is diversified in its knowledge, skills, and qualities but has a singular passion - you!
    Large Protected Territories
    Executive Care proprietary mapping and demographics software will help you find the best areas to set up and operate you home care business.
    Low startup costs and royalties of 5% . There is an initial franchise fee of $44,900 which grants you the license to run a business under the Executive Home Care name. Executive Care Opportunity
    An opportunity to make a difference in your community and build a successful and rewarding business. Executive Care is committed to each and every franchisee so that you will be well-prepared to operate your own Executive Care home care business.

    "Entrepreneur
    #454 in Franchise 500 for 2020.