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Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs Assisting 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 | $80,050 - $152,000 |
Franchise Fee | $55,000 | $48,000 |
Royalty Fee | 5% | 5%-4% |
Advertising Fee | - | 0.5% |
Year Founded | 2003 | 2005 |
Year Franchised | 2004 | 2006 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
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 | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/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 | On-The-Job Training: 20 hours Classroom Training: 40.5 hours |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising 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 | - |
Assisting Hands is a franchise system with a strong emphasis on customer service that provides exceptional non-medical, in-home care to people who are elderly or have special needs. Assisting Hands provides a better alternative for the elderly and disabled, and to assist people to age with grace.
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states:
Canada, Mexico, South America