IKOR vs Senior Care Authority Franchise Comparison

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

Start-Up Costs and Fees

 
IKOR Franchise
Senior Care Authority Franchise
Investment $86,450 - $138,083$20,000 - $245,400
Franchise Fee $37,500$10,000 - $52,500
Royalty Fee 8%8%
Advertising Fee 1%-
Year Founded 20002009
Year Franchised 20102014
Term Of Agreement 10 years +5+5+5-
Term Of Agreement 10 years +5+5+5-
Renewal Fee --


Business Experience Requirements

 
IKOR Franchise
Senior Care Authority Franchise
Experience -Although professional service or sales experience can be a plus – Senior Care Authority will provide you with hands-on technical training before you open your “doors” for business and will be there for you every step of the way as you learn how to run and operate your location.

Financing Options

 
IKOR Franchise
Senior Care Authority Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
IKOR Franchise
Senior Care Authority Franchise
Training Classroom Training: 74 hours Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed.
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform-
Marketing -Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 2Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3


Expansion Plans

 
IKOR Franchise
Senior Care Authority Franchise
US Expansion YesYes
Canada Expansion -Yes
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 Senior Care Authority

Senior Care Authority has a unique franchised organization that has a national network of professionals helping families locate the best long-term living options for their loved ones.  We’ve establish confidence from our clients by meeting them personally and guiding them through often difficult decisions in the placement process. Our reputation is untarnished in each community we operate in, provide dependable, reliable marketing and referrals to generate new customers and leverage technology, systems and processes that have been proven to produce consistent and profitable results.
Our Primary Services:
Senior Placement
ElderCare Consulting

Why Senior Care Authority?

The total investment necessary to begin operation of a Senior Care Authority® business is between $20,000 and $82,400. This includes between $10,000 to $53,150 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Senior Care Authority® Multi-Unit business will be between $105,000 and $245,400, with a minimum of $95,650 and a maximum of $216,150 that must be paid to the franchisor or its affiliates.

Veteran Incentives  Royalty fees waived for first year

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