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Below is an in-depth analysis and side-by-side comparison of Retire-At-Home Services vs FirstLight HomeCare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $59,500 - $69,500 | $112,881 - $199,376 |
Franchise Fee | $35,000 | $49,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1% | 1% |
Year Founded | 1994 | 2009 |
Year Franchised | 2007 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * Health care experience is preferred, but not required. * Business Experience. | Success-minded individuals from all occupations and walks of life will find great potential with the FirstLight HomeCare operating system. We look for people or teams of people who are caring, compassionate, outgoing, detail-oriented, visionary, entrepreneurial, positive, self-motivated, with a willingness to follow a proven system, a desire to deliver great service and a desire to be on a winning team. A minimum of $50,000 in working capital and the ability to have an equity owner participating in the business are required. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | Our training is state-of-the art in the senior care industry and begins with five full days at our headquarters in suburban Cincinnati, OH. This is very hands-on and personalized in small group settings to maximize the learning experience. Additionally, ongoing training modules for your managers, caregivers, referral networking managers and care managers/schedulers are provided as your business grows and your training needs evolve. We believe in "learning for life" and have patterned our franchise services in the same manner On-The-Job Training: 32 hours Classroom Training: 40 hours |
Support | - | We are driven by the simple approach that if our franchisees are successful, we will all be successful. Our support infrastructure is geared to enabling your success first. You will receive a range of direct services and training via a five day, extensive, new owner learning session; onsite visits; telephone coaching; operational analysis; Intranet forums; regional meetings and national conferences; entrepreneurial network sharing; and future services as we evolve and your needs change as your FirstLight business grows. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
A REWARDING OPPORTUNITY! A "Booming" MARKET! Retire-At-Home is an exciting franchise opportunity that is poised for growth in the Home Health Care industry! Whether you are a health care professional or not, now is the time to enter this exciting market and enjoy the success and rewards of serving seniors in their homes! Here are a few facts you should know about Retire-At-Home: WE ARE SERVING A "Booming" MARKET! Your timing is perfect! The Canadian home health care market is already a multi-billion dollar industry and, as the Baby Boomers age, 1 in 4 people will be a senior within the next 20 years. OUR FRANCHISE PACKAGE IS COMPETITIVE! Large exclusive territories, unmatched support and training, specialized software, marketing materials, advertising and much more. Our package is built with profitability and growth in mind! ACCREDITATION IS PROOF OF OUR HIGH STANDARDS! Our systems and processes have been accredited by Accreditation Canada. WE HAVE A UNIQUE RECIPE FOR BUSINESS GROWTH! Our franchise model is based on the success of the flagship office that has 35 years of experience and employs more than 150 caregivers. WE WORK SIDE-BY-SIDE WITH YOU TO SUCCEED! Our dedicated Business Development Team will work with you through our unique 4-stage business development plan. We will teach you how to provide quality care to seniors while reaching profitability as quickly as possible. WIDE RANGE OF REVENUE STREAMS! As a franchisee you can serve the millions of Canadians who require health care and want to remain in their home. Services include: Personal Care. Nursing Care, Housekeeping, Outings, Case Management, Special Needs Care, and other services that help seniors remain safe and comfortable at home!
WE'RE IN YOUR CORNER When you purchase a Retire-At-Home franchise, you are purchasing more than just a business; you are joining a team of experts in home health care, business development and community relations, whose goal is to support you as a franchisee and help ensure your continued success. We take the guess work out of building your home health care business and will help you excel in the crucial areas of your operations. Excellent territories are now available in most of Canada! We are proudly Canadian, and designed to serve the Canadian healthcare system.
FirstLight HomeCare's administration begins with our kin - individuals who have been there and who comprehend the difficulties to seniors, their relatives and nearby groups. We comprehend the difficulties families confront when tending to friends and family, regardless of whether they are across town or the nation, and that implies finding and contracting the correct sort of care.
* FirstLight parental figures are immediate workers, not temporary workers - state authorized, screened and foundation checked - and must go through our thorough care preparing.
* FirstLight is a completely agreeable organization with respect to the security of every customer's close to home wellbeing information. All parental figures are prepared in security issues.
* Following exhaustive enlistment and care preparing before we ever start giving administrations, all FirstLight representatives should likewise total our exceptional Culture of Care preparing and introduction procedure to convey a much larger amount of care.
FirstLight HomeCare's qualities driven approach touches each part of our business, including earth shattering, industry-driving instruments for our customers and their families:
# Client Care Access
# Emergency Response
# Client Satisfaction Surveys
# Client Care Assurance
# ClientFirst