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Updated RecentlyCareMinders vs In Home Personal Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CareMinders vs In Home Personal Services 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 | $45,750 - $122,000 |
| Franchise Fee | $39,000 | $25,000 - $32,500 |
| Royalty Fee | 3.75%-5% | 6% |
| Advertising Fee | - | 1.5% |
| Year Founded | 2004 | 2004 |
| Year Franchised | 2004 | 2009 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2500 | - |
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/- | -/- |
| 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. | On-The-Job Training: 71 hours Classroom Training: 41 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 Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| 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 National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About CareMinders
About In Home Personal Services
Home Care is a high demand and very profitable industry many entrepreneurs should consider. Quality in-home care, privately paid for by the client, is now a vital part of the long-term care solution for millions because it provides seniors a choice where they want to be and how they want to live as they age. Tomorrow’s forecast? Gray. But for investors this means green. The Baby Boomers are hitting their 60s and 70s, and the need for home health care is going to spike, making it the perfect time to invest.
In Home Personal Services has a proven business model with virtually no overhead. Our model provides, fast, friendly, and recurring business opportunities in a protected territory so our franchisees enjoy the growth of their system from the very start.