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Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs 1Heart Caregiver Services 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 | $83,510 - $115,060 |
Franchise Fee | $49,000 - $61,500 | $47,500 |
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 | You need to have the genuine desire to help the elderly, the passion and commitment to build and develop the 1Heart business. Meet the initial investment and financial requirements Comply with business license requirements | |
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 | 1Heart provides complete marketing, training and pre-opening requirements support and guidance. Initial and ongoing training of Managers will be provided including staffing, recruitment, operations, sales and marketing, accounting, direct referral marketing and online lead generation support will be provided. |
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 | Yes |
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
1Heart Caregiver Services provide high quality in-home care through a client-centered and service oriented approach 1Heart, 1Smile, 1Family at a time.