|
Below is an in-depth analysis and side-by-side comparison of CareMinders vs Senior Care Authority including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $138,100 - $199,000 | $20,000 - $245,400 |
Franchise Fee | $39,000 | $10,000 - $52,500 |
Royalty Fee | 3.75%-5% | 8% |
Advertising Fee | - | - |
Year Founded | 2004 | 2009 |
Year Franchised | 2004 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
||
Experience | - | Although professional service or sales experience can be a plus – Senior Care Authority will provide you with hands-on technical training before you open your “doors” for business and will be there for you every step of the way as you learn how to run and operate your location. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/- | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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. | Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed. |
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. | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
Senior Care Authority has a unique franchised organization that has a
national network of professionals helping families locate the best
long-term living options for their loved ones. We’ve establish
confidence from our clients by meeting them personally and guiding them
through often difficult decisions in the placement process.
Our reputation is untarnished in each community we operate in,
provide dependable, reliable marketing and referrals to generate new
customers and leverage technology, systems and processes that have been
proven to produce consistent and profitable results.
Our Primary Services:
Senior Placement
ElderCare Consulting
Why Senior Care Authority?