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Updated RecentlyAegin Place vs FirstLight HomeCare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aegin Place 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 | $46,300 - $84,500 | $112,881 - $199,376 |
| Franchise Fee | N/A | $49,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1% |
| Year Founded | - | 2009 |
| Year Franchised | - | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/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 | - | - |
Company Overviews
About Aegin Place
Welcome to Aegin Place!
Assisted Living In Your Own Home
For many older adults, the greatest desire they have is to remain in their own home for as long as possible as age advances. If a live-in companion service is affordable and comparable to assisted living options, most older adults opt for a live-in companion relationship. Aegin Place has emerged as an agency that matches qualified companions with older adults for long term home assignments at an affordable price. Our insured live-in companions can assist older adults in maintaining a self-sufficient status in their own home.
The goal of the program is to facilitate older adults with daily activities on a live-in basis as an alternative to an assisted living center, boarding home or nursing home placement.
Hourly care is available upon request.
The Benefits and Safeguards of Our Services
Aegin Place has been providing live-in companion services for over 3 years. We have extensive background in case management. When you use Aegin Place you can be assured of the following:
- Care coordination is an integral part of any companion placement.
- Before we place a live-in companion a free assessment helps determine the suitability of a home companion placement.
- Extensive companion background checks occur before any placement occurs.
- Companions are placed on live-in and hourly basis only.
- Franchises are required to have liability insurance.
- Our live-in companions are screened extensively and the company has liability insurance.
- Weekly reporting is required by all live-in companions.
- Ongoing case management occurs throughout the placement by a registered nurse.
Our services can help you or a loved one maintain independence. Aegin Place will coordinate care and work with existing agencies, family members, caregivers or trustees.
About FirstLight HomeCare
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
Veteran Incentives $10,000 off franchise fee
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