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Below is an in-depth analysis and side-by-side comparison of FirstLight HomeCare vs Preferred Care At Home including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $112,881 - $199,376 | $62,500 - $84,500 |
Franchise Fee | $49,000 | $44,500 |
Royalty Fee | 5% | 5%-3% |
Advertising Fee | 1% | $150/mo. |
Year Founded | 2009 | 1984 |
Year Franchised | 2010 | 2007 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Success-minded individuals from all occupations and walks of life will find great potential with the FirstLight HomeCare operating system. We look for people or teams of people who are caring, compassionate, outgoing, detail-oriented, visionary, entrepreneurial, positive, self-motivated, with a willingness to follow a proven system, a desire to deliver great service and a desire to be on a winning team. A minimum of $50,000 in working capital and the ability to have an equity owner participating in the business are required. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | Yes/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | Our training is state-of-the art in the senior care industry and begins with five full days at our headquarters in suburban Cincinnati, OH. This is very hands-on and personalized in small group settings to maximize the learning experience. Additionally, ongoing training modules for your managers, caregivers, referral networking managers and care managers/schedulers are provided as your business grows and your training needs evolve. We believe in "learning for life" and have patterned our franchise services in the same manner On-The-Job Training: 32 hours Classroom Training: 40 hours | On-The-Job Training: 40 hours Classroom Training: 40 hours |
Support | We are driven by the simple approach that if our franchisees are successful, we will all be successful. Our support infrastructure is geared to enabling your success first. You will receive a range of direct services and training via a five day, extensive, new owner learning session; onsite visits; telephone coaching; operational analysis; Intranet forums; regional meetings and national conferences; entrepreneurial network sharing; and future services as we evolve and your needs change as your FirstLight business grows. 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
FirstLight HomeCare's administration begins with our kin - individuals who have been there and who comprehend the difficulties to seniors, their relatives and nearby groups. We comprehend the difficulties families confront when tending to friends and family, regardless of whether they are across town or the nation, and that implies finding and contracting the correct sort of care.
* FirstLight parental figures are immediate workers, not temporary workers - state authorized, screened and foundation checked - and must go through our thorough care preparing.
* FirstLight is a completely agreeable organization with respect to the security of every customer's close to home wellbeing information. All parental figures are prepared in security issues.
* Following exhaustive enlistment and care preparing before we ever start giving administrations, all FirstLight representatives should likewise total our exceptional Culture of Care preparing and introduction procedure to convey a much larger amount of care.
FirstLight HomeCare's qualities driven approach touches each part of our business, including earth shattering, industry-driving instruments for our customers and their families:
# Client Care Access
# Emergency Response
# Client Satisfaction Surveys
# Client Care Assurance
# ClientFirst
It is our intention to give you, as a potential franchise owner, the
opportunity to understand the culture of Preferred Care At Home, to help you
self-appraise your personal and professional goals, and ultimately to
connect with Preferred Care At Home to see how well you would do owning one of the fastest-growing businesses in America.
And there is no better place to learn about home care than from
the very people who have been in the industry since 1984, back when
private home care was a little known option to consumers. Preferred Care At Home can
honestly say, “We have been there and done that many times over, and we
are qualified to say that we can help you streamline your journey.”
Armed with over 3 decades worth of experience, our aim is
twofold: to aggressively grow our market share across the nation, as
well as to strategically position our franchise owners for unique
opportunities for success in this highly competitive market.
If you want to become a part of a unique organization that
prioritizes maintaining the highest standards, where one’s net worth is
not the sole important criterion, where franchise opportunities are
awarded and are by invitation only, look no further.
Start today and see if you may be among the elite few selected.