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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Amada Senior Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $138,100 - $199,000 | $82,150 - $275,500 |
Franchise Fee | $39,000 | $42,000 - $48,000 |
Royalty Fee | 3.75%-5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 2007 |
Year Franchised | 2004 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
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Experience | - | Owning an Amada Senior Care business requires an investment with two major components - human and financial. Above all, we're looking for good human beings - compassionate and motivated individuals with a drive to help and a drive to become effective business leaders. We can train you in nearly everything else, but nothing can compensate for lack of desire and heart. We look for franchisees who are: *Compassionate/Charitable *Competitively driven to be the best *Urgency in all things *Farmer/Entrepreneur mentality *Confidently Humble |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/- | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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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. | On-The-Job Training: 48 hours Classroom Training: 46 hours |
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. | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
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. | Co-op Advertising Ad Templates Social media Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
The demand for services in the senior care industry continues to increase every year. More than 10,000 people turn 65 every day and by the end of 2012, the senior population in America will reach nearly 49 million. By 2025, it will grow to nearly 72 million.
True Caring is Exploring All Care Options
There's only one way to say this: Amada is different. Over the last 7 years we have built a business model insisting that seniors and their families explore all of their care options. Amada is one of the only senior care companies in North America that provides in-home non-medical care as well as assisted living placement consulting services. Today, Amada is one of the fastest growing senior care companies in California.