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Below is an in-depth analysis and side-by-side comparison of Griswold Special Care 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 | $106,350 - $133,100 | $83,510 - $115,060 |
Franchise Fee | $49,500 - $54,500 | $47,500 |
Royalty Fee | 4% | - |
Advertising Fee | 0.5% | - |
Year Founded | 1982 | - |
Year Franchised | 1984 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | Ongoing training in the field & free annual workshop series | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
1Heart Caregiver Services provide high quality in-home care through a client-centered and service oriented approach 1Heart, 1Smile, 1Family at a time.