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Below is an in-depth analysis and side-by-side comparison of Caring Senior Service vs My Elder Advocate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $110,099 - $176,016 | $72,250 - $118,600 |
Franchise Fee | $41,500 | $59,500 |
Royalty Fee | 5% | 8% |
Advertising Fee | 2% | - |
Year Founded | 1991 | 2008 |
Year Franchised | 2002 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Desire to make a difference in people's lives *Ambition to succeed *High standards for customer service *Be a self-starter and understand the importance of having a strong sales focus *Willingness to follow a proven system *Effective and efficient in time management and priority setting | - |
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 | Caring Senior Service provides initial training for up to 2 people. Training takes up to one week with additional time if needed. Training covers everything from marketing to high impact referral sources, recruitment and retention of Gold Level caregivers, and how to implement our GreatCareTM method. Classroom Training: 40 hours | - |
Support | 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 | o Marketing tools that stand out and are easy to implement o Shared market research that provides clear targets and reduces costly mistakes o Clearly defined marketing approach that builds trust o Individualized web site by location that helps connect and interact with referral sources, clients, families and caregivers o On-site sales training with your designated Franchise Business Consultant o Ongoing marketing tips with timely and relevant information Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 3 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
My Elder Advocate Is The Only Overarching Elder Advocacy Franchise In The United States My Elder Advocate was founded in 2008 to provide peace of mind to clients and their families. Our commitment to protecting the rights and dignity of elders has earned us a reputation as an uncompromising elder advocate. CEO Jack Halpern founded the business with 41 years of experience in the elder care industry. Joined by his wife and COO, Claudine Halpern they have filled a huge gap in the elder care industry and systematized an approach to tackling elder care rights and issues. If you are passionate about helping families and elders in crisis, and you are looking for a home-based franchise that you can quickly expand, take the next step and learn more about our franchise. If you are ready to learn . . . . we are ready to share everything we know about this expanding industry.