Synergy HomeCare vs LivHOME Franchise Comparison

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

Start-Up Costs and Fees
 
Synergy HomeCare Franchise
LivHOME Franchise
Investment $38,991 - $160,718$95,000 - $150,000
Franchise Fee $27,000 - $94,000$40,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20001999
Year Franchised 20052010
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Synergy HomeCare Franchise
LivHOME Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Synergy HomeCare Franchise
    LivHOME 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
    LivHOME Franchise
    Training -*Two-week intensive training at LivHOME corporate headquarters *Specialized training for conditions such as dementia *Marketing and PR training
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations* Marketing assessment of your territory * Strategic planning and guidance in key operational areas * Do-It-Yourself PR manual so you can drive awareness and attract potential clients * Ongoing field visits and strategic support * Proprietary computer system for back-office functions * Established Caregiver recruitment and retention programs * Deep research on professional groups * Top-notch sales collateral * Advertising support * Vast library of educational content you can use for marketing (podcast, blog, news stories, etc.)
    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
    LivHOME 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 LivHOME

    Become a LivHOME Franchisee Build a better life for yourself - and the seniors you will serve Opportunity LivHOME, one of the nation's largest professionally led home care providers for seniors, began offering franchises to qualified applicants and has great territories available in highly desirable locations. Because of LivHOME's professionally led model, which focuses on providing quality care overseen by highly trained Geriatric Care Managers, LivHOME competes on value, not price. Growth Potential Growing Industry: The US senior population is forecast to nearly double to 70 million by 2030, which is expected to result in consistently increasing demand for LivHOME services. The industry is poised for strong growth, and franchise owners can best take advantage of this by working with the most reputable provider that can provide real support for both obtaining leads and building a premier referral base for long-term success. Obtaining Leads: LivHOME's well-developed marketing program works to drive leads and builds credibility across all of our markets.
    Programs in support of franchise owners include:
    LivHOME's state-of-the-art website, which draws thousands of new visitors each month;
    A PR program, which has won the company coverage in publications including The Wall Street Journal, New York Times, The Remington Report, CARING and Advance magazine; and The Senior Care Podcast by LivHOME, a web-based audio show that targets seniors, their family members, professional referrers and others in the industry.
    Building a Sales Base: Long-term success does not come from one-time leads, but from strategically developed relationships with premier referring professionals in local communities. LivHOME has developed a highly effective sales program built upon knowing how to reach these professionals, how to sell to them, and how to develop long-term growth from this strong base. More than 10,000 professionals have referred clients to LivHOME.
    LivHOME has been named to the Inc. 5000 list of fastest growing private companies for FOUR consecutive years!' For more information, visit www.livhomefranchise.com