IKOR vs LivHOME Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of IKOR vs LivHOME including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
IKOR Franchise
LivHOME Franchise
Investment $86,450 - $138,083$95,000 - $150,000
Franchise Fee $37,500$40,000
Royalty Fee 8%-
Advertising Fee 1%-
Year Founded 20001999
Year Franchised 20102010
Term Of Agreement 10 years +5+5+5-
Term Of Agreement 10 years +5+5+5-
Renewal Fee --


Business Experience Requirements
 
IKOR Franchise
LivHOME Franchise
Experience --

Financing Options
 
IKOR Franchise
LivHOME Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
IKOR Franchise
LivHOME Franchise
Training Classroom Training: 74 hours *Two-week intensive training at LivHOME corporate headquarters *Specialized training for conditions such as dementia *Marketing and PR training
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform* Marketing assessment of your territory * Strategic planning and guidance in key operational areas * Do-It-Yourself PR manual so you can drive awareness and attract potential clients * Ongoing field visits and strategic support * Proprietary computer system for back-office functions * Established Caregiver recruitment and retention programs * Deep research on professional groups * Top-notch sales collateral * Advertising support * Vast library of educational content you can use for marketing (podcast, blog, news stories, etc.)
Marketing --
Operations Number of Employees Required to Run: 2-

Expansion Plans
 
IKOR Franchise
LivHOME Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About IKOR

A Unique and Rewarding Opportunity in the Senior and Disabled Professional Services Sector IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psycho-social and financial life plans. With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.

 IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a positive impact on the lives of individuals and families in their communities. Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual.

The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children. If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us! Take the next step toward being your community's solution for the issues of seniors and the disabled.

 IKOR has identified the need, and developed the solution to address the specific medical, financial and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options and programs all become yours when you join IKOR! What we seek in return is your dedication to providing services and intervention focused solely on the client. We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture in so many ways. Contact us today to find out more about the IKOR franchise program and begin your journey toward discovering if IKOR is right for you.

Veteran Incentives  10% off franchise fee

About LivHOME

Become a LivHOME Franchisee Build a better life for yourself - and the seniors you will serve Opportunity LivHOME, one of the nation's largest professionally led home care providers for seniors, began offering franchises to qualified applicants and has great territories available in highly desirable locations. Because of LivHOME's professionally led model, which focuses on providing quality care overseen by highly trained Geriatric Care Managers, LivHOME competes on value, not price. Growth Potential Growing Industry: The US senior population is forecast to nearly double to 70 million by 2030, which is expected to result in consistently increasing demand for LivHOME services. The industry is poised for strong growth, and franchise owners can best take advantage of this by working with the most reputable provider that can provide real support for both obtaining leads and building a premier referral base for long-term success. Obtaining Leads: LivHOME's well-developed marketing program works to drive leads and builds credibility across all of our markets.
Programs in support of franchise owners include:
LivHOME's state-of-the-art website, which draws thousands of new visitors each month;
A PR program, which has won the company coverage in publications including The Wall Street Journal, New York Times, The Remington Report, CARING and Advance magazine; and The Senior Care Podcast by LivHOME, a web-based audio show that targets seniors, their family members, professional referrers and others in the industry.
Building a Sales Base: Long-term success does not come from one-time leads, but from strategically developed relationships with premier referring professionals in local communities. LivHOME has developed a highly effective sales program built upon knowing how to reach these professionals, how to sell to them, and how to develop long-term growth from this strong base. More than 10,000 professionals have referred clients to LivHOME.
LivHOME has been named to the Inc. 5000 list of fastest growing private companies for FOUR consecutive years!' For more information, visit www.livhomefranchise.com