Home Care Assistance vs LivHOME Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs LivHOME including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$86,000 - $245,250 | $95,000 - $150,000 |
Franchise Fee |
$55,000 | $40,000 |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
2003 | 1999 |
Year Franchised |
2004 | 2010 |
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
| *Two-week intensive training at LivHOME corporate headquarters
*Specialized training for conditions such as dementia
*Marketing and PR training |
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| * Marketing assessment of your territory
* Strategic planning and guidance in key operational areas
* Do-It-Yourself PR manual so you can drive awareness and attract potential clients
* Ongoing field visits and strategic support
* Proprietary computer system for back-office functions
* Established Caregiver recruitment and retention programs
* Deep research on professional groups
* Top-notch sales collateral
* Advertising support
* Vast library of educational content you can use for marketing (podcast, blog, news stories, etc.) |
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 | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Home Care Assistance
If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs.
More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.
The total investment necessary to begin operation of a single HCA
Business is between $86,000 and $146,500. This includes $55,000 that
must be paid to the franchisor or an affiliate. The total investment
necessary to begin operation of an Area Development business will be a
minimum of $113,500, with no maximum. This includes a minimum of $82,500
that must be paid to the franchisor or an affiliate.
Veteran Incentives 10% off franchise fee
About LivHOME
Become a LivHOME Franchisee
Build a better life for yourself - and the seniors you will serve
Opportunity
LivHOME, one of the nation's largest professionally led home care providers for seniors, began offering franchises to qualified applicants and has great territories available in highly desirable locations.
Because of LivHOME's professionally led model, which focuses on
providing quality care overseen by highly trained Geriatric Care Managers, LivHOME competes on value, not price.
Growth Potential
Growing Industry: The US senior population is forecast to nearly double to 70 million by 2030, which is expected to result in consistently increasing demand for LivHOME services. The
industry is poised for strong growth, and franchise owners can best take advantage of this by working with the
most reputable provider that can provide real support for both obtaining leads and building a premier referral base for long-term success.
Obtaining Leads: LivHOME's well-developed marketing program works to drive leads and builds credibility across all of our markets.
Programs in support of franchise owners include:
LivHOME's state-of-the-art website, which draws thousands of new visitors each month;
A PR program, which has won the company coverage in publications including The Wall Street Journal,
New York Times, The Remington Report, CARING and Advance magazine; and
The Senior Care Podcast by LivHOME, a web-based audio show that targets seniors, their family members, professional referrers and others in the industry.
Building a Sales Base: Long-term success does not come from one-time leads, but from strategically developed
relationships with premier referring professionals in local communities. LivHOME has developed a highly
effective sales program built upon knowing how to reach these professionals, how to sell to them, and how
to develop long-term growth from this strong base. More than 10,000 professionals have referred clients to
LivHOME.
LivHOME has been named to the Inc. 5000 list of fastest growing private companies for FOUR
consecutive years!'
For more information, visit
www.livhomefranchise.com