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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Keepsake Companions 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 | $57,671 - $116,521 |
Franchise Fee | $39,000 | $33,721 |
Royalty Fee | 3.75%-5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 2009 |
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 | - | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. |
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/- | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
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. | - |
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 | 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 | - | absentee or part time owner? NO |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Husband and wife team, Kristen and Henri Chazaud, founded Keepsake Companions in 2009 to "improve lives, one household at a time." The start up costs of $33,721 includes systems, training and support in a number of areas that include: Office operations, hiring and scheduling. Pre-Opening guide, and trainings in San Diego and on site. A "Keepsake Coach" to guide you for the first three months. Daily operations manual and employee handbook.Keepsake Companion development and client care systems. "Culinary Companion" development. Marketing strategy, collateral materials and personal website.