|
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs Champion Home Health Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $86,000 - $245,250 | $50,000 - $100,000 |
Franchise Fee | $55,000 | $18,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2003 | - |
Year Franchised | 2004 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | *EXCLUSIVE SOFTWARE THAT STREAMLINES AND ORGANIZES CAREGIVER AND CLIENT INFORMATION *COMPUTERIZED SCHEDULING *NO BILLING OR PAYMENT HEADACHES *BOOKKEEPING SERVICE AND FINANCIAL REPORTING *OPENING ASSISTANCE AND ONGOING MANAGEMENT AND ADMINISTRATIVE ADVICE *CONTINUALLY UPDATED FORMS, SUPPLIES AND PROMOTIONAL MATERIAL *USE OF CHAMPION HOME HEALTH CARE REGISTERED SERVICE MARKS *SALES AND OPERATIONAL TRAINING *EXCLUSIVE TERRITORY, PROTECTED FROM OTHER LICENSEES |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4 | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |