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Updated RecentlyHomewatch CareGivers vs Loved Ones Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Loved Ones including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $89,125 - $151,875 | $100,000 - $300,000 |
| Franchise Fee | $49,000 - $61,500 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1973 | - |
| Year Franchised | 1986 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
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/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | - |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Homewatch CareGivers
Biochemist Paul A. Sauer founded Homewatch in 1973. The company's clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Caregivers provide non-medical and limited health care services.
#116 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Veteran Incentives 10% off franchise fee
About Loved Ones
Loved Ones was established in 1996. For over two decades, Loved Ones has provided in home personal care and nursing services that are designed to provide a health care option for a variety of patients who would normally be placed in a nursing home or residential care/assisted living facility. Clinical studies have proven again and again that patients who are maintained and receive necessary care in the safe, familiar environment of their home, surrounded by their loved ones, have a significantly higher level of general health and quality of life.Loved Ones provides a broad scope of skilled/non-skilled nursing and home health services to assist our patients with personal care and the activities of daily living while remaining at home. Loved Ones cares for both the elderly and disabled individuals.Loved Ones partners with franchisees to deliver exceptional care supported by a business model that brings added value into this sector. Loved Ones Offers a franchise system that provides: *Growth in the short term *Sustainability in the long term *Impact that mattersLoved Ones 20 years of experience in home health care, government relations, regulatory compliance, and healthcare administration will build a bridge to your success. Through intensive real world training, continuing education, strategic alliances with highly rated and carefully screened suppliers, and expert operations support, our franchisees gain a partner that provides them with the "Freedom to Care”. Loved Ones walks along side you as you build a business focused on the needs of your neighbors, friends, and Loved Ones.