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Below is an in-depth analysis and side-by-side comparison of Interim Healthcare vs Redwood Healthcare Staffing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,500 - $198,500 | $136,700 - $179,450 |
Franchise Fee | $50,000 | $40,000 |
Royalty Fee | 3.5% - 5.5% | 5% |
Advertising Fee | 0.5% | 1% |
Year Founded | 1966 | 2010 |
Year Franchised | 1966 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | � a strong desire to succeed - "a belief in yourself" � strong interpersonal skills - "a people person" � can manage and inspire people � a good attitude � the ability to be coached � business acumen |
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Financing Options |
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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 |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Regional training | Initial Corporate Office Training, On Site training, On Site visits |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Webinars, Toll Free number, Operations Manual, Site Selection Approval |
Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing | National Media, Co-op advertising, branded materials |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. | Number of employees needed to run business � 3 Absentee Ownership is NOT allowed |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Founded in 1966, Interim HealthCare is the nation's first and finest healthcare franchise organization. Through a comprehensive network of more than 300 independently owned franchise offices, Interim HealthCare franchisees are the largest combined provider of community-based home care, health care staffing and hospice services. Interim HealthCare is unique in combining the commitment of local ownership with the support of a national organization that develops innovative programs and quality standards that improve the delivery of service through franchisees that employ thousands of health care workers who serve 50,000 people each day.
Redwood Healthcare Staffing is a full service medical staffing company for nurses
and other healthcare professionals. We offer Per Diem, contract and travel placement
services for healthcare facilities and homecare clients. Franchisees benefit from
excellent training, marketing support, choice in territories, and access to our proven
business methods which have been crafted and used in the medical staffing industry since 2010.