LivHOME vs My Elder Advocate Franchise Comparison

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

Start-Up Costs and Fees
 
LivHOME Franchise
My Elder Advocate Franchise
Investment $95,000 - $150,000$72,250 - $118,600
Franchise Fee $40,000$59,500
Royalty Fee -8%
Advertising Fee --
Year Founded 19992008
Year Franchised 20102014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
LivHOME Franchise
My Elder Advocate Franchise
Experience --

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

Training & Support
 
LivHOME Franchise
My Elder Advocate Franchise
Training *Two-week intensive training at LivHOME corporate headquarters *Specialized training for conditions such as dementia *Marketing and PR training-
Support * 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 --

Expansion Plans
 
LivHOME Franchise
My Elder Advocate Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

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

About My Elder Advocate

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.