|
Below is an in-depth analysis and side-by-side comparison of A Better Solution vs In Home Personal Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $91,300 - $167,350 | $45,750 - $122,000 |
Franchise Fee | $42,750 | $25,000 - $32,500 |
Royalty Fee | 4% | 6% |
Advertising Fee | 1% | 1.5% |
Year Founded | 1998 | 2004 |
Year Franchised | 2003 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 71 hours Classroom Training: 41 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | 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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
We all need care at some point in our lives to cope with the demands and different aspects of daily living. This is especially true for our loved ones who are suffering from the effects of aging, disability, injury or surgery. A Better Solution is a a non-medical home care agency you can trust. We provide homemakers, companions and sitters to take care of your loved ones for you. Our services here at A Better Solution can be made available for temporary and/or long term care for clients who may need assistance with tasks of daily activities in their own residence or in a facility. A Better Solution is an advocate of individualized sensitive care to meet the individual needs of our diverse range of clients. Our services can be made flexible for certain arrangement in order to cater to special requests and many more. We go beyond our scope because we believe in building our strengths by putting ourselves in other people’s shoes. Through these, we hope to be able to make our clients happy and improve their quality of living.
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.