CareMinders vs LivHOME Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CareMinders vs LivHOME including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CareMinders Franchise
LivHOME Franchise
Investment $138,100 - $199,000$95,000 - $150,000
Franchise Fee $39,000$40,000
Royalty Fee 3.75%-5%-
Advertising Fee --
Year Founded 20041999
Year Franchised 20042010
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2500-


Business Experience Requirements

 
CareMinders Franchise
LivHOME Franchise
Experience --

Financing Options

 
CareMinders Franchise
LivHOME Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/--/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
CareMinders Franchise
LivHOME Franchise
Training Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough.*Two-week intensive training at LivHOME corporate headquarters *Specialized training for conditions such as dementia *Marketing and PR training
Support We provide you with a copy of the official CareMinders� Home Care operations manual is your blueprint to building and growing your CareMinders� Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business.* Marketing assessment of your territory * Strategic planning and guidance in key operational areas * Do-It-Yourself PR manual so you can drive awareness and attract potential clients * Ongoing field visits and strategic support * Proprietary computer system for back-office functions * Established Caregiver recruitment and retention programs * Deep research on professional groups * Top-notch sales collateral * Advertising support * Vast library of educational content you can use for marketing (podcast, blog, news stories, etc.)
Marketing We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues.-
Operations --

Expansion Plans

 
CareMinders Franchise
LivHOME Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About CareMinders

Life At Home Is The Key To Independence
CareMinders Franchisees offer both Medical and Non-Medical home care: companionship, personal , skilled care and related home support services and assistance to all ages of handicapped, convalescing and dependant individuals in their own homes, and when permitted, in nursing homes, hospitals, assisted care facilities and other medical settings.CareMinders Home Care is dedicated to enhancing the quality of life through delivering compassionate skilled and non-medical care to clients at home by trained and dedicated staff who continuously strive for excellence. We provide for the safety and security of clients, regardless of age, by offering personalized care and related home support services as well as harmonious companionship. We build relationships beginning with the very first encounter with a goal of providing the highest quality of care, second to none. We offer a wide range of both long and short term assistance to our clients, regardless of age. You or your loved one may have a temporary or permanent disability or illness, or may just be in need of someone to assist with a variety of services. Examples of the skilled and non-medical services we provide include the following: *Nursing Services *Personal Care Services *Live-In Services *Therapeutic Services *Counseling Services *Multiple Revenue Stream Opportunities *Many more services customized to meet the needs of our clients

About LivHOME

Become a LivHOME Franchisee Build a better life for yourself - and the seniors you will serve Opportunity LivHOME, one of the nation's largest professionally led home care providers for seniors, began offering franchises to qualified applicants and has great territories available in highly desirable locations. Because of LivHOME's professionally led model, which focuses on providing quality care overseen by highly trained Geriatric Care Managers, LivHOME competes on value, not price. Growth Potential Growing Industry: The US senior population is forecast to nearly double to 70 million by 2030, which is expected to result in consistently increasing demand for LivHOME services. The industry is poised for strong growth, and franchise owners can best take advantage of this by working with the most reputable provider that can provide real support for both obtaining leads and building a premier referral base for long-term success. Obtaining Leads: LivHOME's well-developed marketing program works to drive leads and builds credibility across all of our markets.
Programs in support of franchise owners include:
LivHOME's state-of-the-art website, which draws thousands of new visitors each month;
A PR program, which has won the company coverage in publications including The Wall Street Journal, New York Times, The Remington Report, CARING and Advance magazine; and The Senior Care Podcast by LivHOME, a web-based audio show that targets seniors, their family members, professional referrers and others in the industry.
Building a Sales Base: Long-term success does not come from one-time leads, but from strategically developed relationships with premier referring professionals in local communities. LivHOME has developed a highly effective sales program built upon knowing how to reach these professionals, how to sell to them, and how to develop long-term growth from this strong base. More than 10,000 professionals have referred clients to LivHOME.
LivHOME has been named to the Inc. 5000 list of fastest growing private companies for FOUR consecutive years!' For more information, visit www.livhomefranchise.com