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Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs Grandma's Loving Hands including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $86,000 - $245,250 | $50,000 - $75,000 |
Franchise Fee | $55,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 1% +$40/ month |
Year Founded | 2003 | 1998 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 10% of franchise fee | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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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 | - |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Grandma's Loving Hands is an award-winning business system that originated from the work of Linda Rice who began a home care business as a result of her struggles finding adequate care for her father who suffered with early stage Alzheimer's Disease.
Ms. Rice has dedicated herself to serving the needs of families in similar situations.
Today Grandma's Loving Hands offers a well-developed and proven business operating system to individuals interested in owning a high-quality home care business.