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Below is an in-depth analysis and side-by-side comparison of Grandma's Loving Hands vs Keepsake Companions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - $75,000 | $57,671 - $116,521 |
Franchise Fee | $25,000 | $33,721 |
Royalty Fee | 6% | 5% |
Advertising Fee | 1% +$40/ month | 2% |
Year Founded | 1998 | 2009 |
Year Franchised | 2004 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | absentee or part time owner? NO |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Grandma's Loving Hands is an award-winning business system that originated from the work of Linda Rice who began a home care business as a result of her struggles finding adequate care for her father who suffered with early stage Alzheimer's Disease.
Ms. Rice has dedicated herself to serving the needs of families in similar situations.
Today Grandma's Loving Hands offers a well-developed and proven business operating system to individuals interested in owning a high-quality home care business.
Husband and wife team, Kristen and Henri Chazaud, founded Keepsake Companions in 2009 to "improve lives, one household at a time." The start up costs of $33,721 includes systems, training and support in a number of areas that include: Office operations, hiring and scheduling. Pre-Opening guide, and trainings in San Diego and on site. A "Keepsake Coach" to guide you for the first three months. Daily operations manual and employee handbook.Keepsake Companion development and client care systems. "Culinary Companion" development. Marketing strategy, collateral materials and personal website.