Stay at Home vs Mastercare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stay at Home vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$43,900 - $65,900 | $117,800 - $215,450 |
Franchise Fee |
N/A | $28,000 - $37,000 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
- | 2012 |
Year Franchised |
- | 0 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- |
Initial pre-start up training
In house administrative training
|
Support |
- |
Accounting
Home Care Management
Software systems
Troubleshooting
|
Marketing |
- |
Design support
Events e.g. Senior Fairs
Mass mailing support
Print support
Media: Broadcast and Internet
Start up and ongoing marketing support
|
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Stay at Home
Twenty-three years ago, the founders of Stay at Home helped pave the way in establishing the non-medical in-home care industry. Our knowledge comes from the practical hands-on experience of owning and operating successful companies in our industry. We combine in-depth knowledge and experience with world class business practices resulting in a unique opportunity for the "compassionate entrepreneur".
The Stay at Home Advantage is
* An impressive array of back-office support tools ranging from online scheduling systems to telephone call scripts all designed to make it easy for franchisees to understand and apply our proven system.
* Comprehensive training program that includes 8 days of hands-on training including 5 days of interactive classroom instruction and 3 days of on-site support.
* QuickStart program designed to help new franchisees quickly understand the franchise system, achieve a fast start-up, and realize high productivity.
* Visual documentation of all key processes using our proprietary and easy-to-follow Stay at Home Learning Maps.
* Proprietary software developed to aid you in building strong referral networks, managing client care, and scheduling caregivers online.
* Proven marketing strategy providing an extensive array of marketing materials, advertisements, tools, and techniques designed to attract new clients and caregivers.
* Clear guidance on a wide range of support topics that address everything from personalized phone call scripts to online caregiver scheduling.
* A structured approach to staffing that allows you to build a base of competent, compassionate and dependable caregivers, an essential element in ensuring the success of your business.
* Prime territories based on your target customers, those who are sixty-five years and older - your potential customers!
Are You Ready to...
* Become a compassionate entrepreneur?
* Be your own boss and set your own course?
* Put your experience to work for yourself instead of for others?
* Work hard to create a lasting legacy you can be proud of?
* Build a business where you can do well for yourself while doing good for others?
If so, you may be ready to join the Stay at Home team!
About Mastercare
.Mastercare intends
for our franchisees to get the biggest bang for their buck in regards to
the territory you are purchasing.
You are opening your franchise to not
only help people in your local community, but also to ensure you are
able to make a living.
Mastercare
Franchise territories will service a population of approximately 75,000
to 250,000 people. For the initial Franchise Fee of $37,000 *,
your territory is designed by zip codes, political or geographical
boundaries. Your territory is PROTECTED, meaning that Mastercare will
not sell another franchise within that defined territory throughout the
life of your contract. We will help you evaluate the demographics of the
area you are considering for your territory based on the geographic
location, population, and isolation, etc.
Mastercare
also understands that small, rural towns need just as much Homecare
(and Healthcare) support as urban areas. Because of geographical
barriers, owning a franchise in a rural area may not allow for as large
of a client base. To encourage services in rural and underserved
populations, Mastercare offers smaller territories, populations between
10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.
Royalties under your Franchise Agreement are among the lowest in the
industry. The Mastercare franchise royalty fee structure follows a
descending scale based on gross revenues.
The franchise is not a home-based business and must be operated from a commercial office location.