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Below is an in-depth analysis and side-by-side comparison of Visiting Angels vs Hallmark Homecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $123,460 - $161,150 | $13,900 - $26,900 |
Franchise Fee | $49,950 - $79,950 | $9,900 |
Royalty Fee | 3.5-3% | - |
Advertising Fee | 2.5 -2% | - |
Year Founded | 1992 | 2012 |
Year Franchised | 1998 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | CCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | - |
Our senior care establishment openings are intended to give the bolster you have to assemble a flourishing business. With around 8,000 Americans turning 65 every day, the requirement for private obligation home care is developing drastically. By 2030, it is anticipated there will be 72 million seniors in the United States. Families are extended thin. Adjusting the necessities of elderly guardians or relatives with profession obligations and bringing up kids has never been more troublesome. Our private obligation mind administrations give the bolster numerous families require.
Hallmark Homecare is a breakthrough concept. You don't need significant start-up investment, and you don't even need to quit your day job - you just need an interest in making a powerful impact on the lives of seniors and their families. If this is you, then our innovative model can help you improve your income, enhance your lifestyle, and build wealth and abundance by taking advantage of this unprecedented growth period in the in-home care field.
Hallmark Homecare franchisees search for and recruit professional caregivers, placing them on a direct-hire basis designed to saved clients money. The company was founded by Steve Everhart, who is also the founder and CEO of an in-home care franchise, The Senior's Choice.
Have you ever considered a business: In a rapidly expanding, multi-billion dollar industry? With an affordable start-up investment? That allows you to do meaningful, much-needed work? Where a proven turn-key system is provided? With a short ramp-up period? With low operating overhead and high profit margins? Where you can increase your income in a short time frame, and build your nest egg and security? That's recession-resistant with virtually endless selling opportunities? That requires no previous industry experience? That allows you to enjoy the independence of a home-based business work environment, flexible business hours, and the opportunity to help others and make a powerful impact on their lives?
See more at http://www.hhcopportunity.com