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Updated RecentlyGUAVA Home and Healthcare Services vs The Haven Family Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GUAVA Home and Healthcare Services vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $35,000 - $150,000 | N/A |
| Franchise Fee | $35,000 | $15,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2007 | - |
| Year Franchised | 2009 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | *We expect that you will live in the market in which you operate the franchise. *We carefully consider your personal experience, people skills, and managerial potential. *You must understand the unique model of operating a business within a franchise system. *You must have $35,000 in liquid assets and access to $150,000 in additional capital. *You must have the desire to own your own business and the ambition to seek out a franchise in the healthcare personnel industry. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Our 6-month training program provides a daily support system, business readiness coaching and mentoring with a seamless transition as you build your revenue as a franchisee business. Whether you are an individual franchisee or area representative our level of support enables you to grow with your individualized business plan. Through your GUAVA business plan and financials we work with you to define your direction and course of growth. Your training begins within the first week of signing your franchise agreement. As your business begins in the comfort of your home office through a web based introduction, GUAVA corporate team members are strategically introduced as your business takes form leveraging the many talents of corporate team. Corporate training at the local office provides insight and a hands-on approach to mastering the many facets of your business. We make training innovative, fun and one that will give you measurable benchmarks making significant process every day. On-line training, daily phone calls, on-site visits, mentoring and coaching because your success is our success! | At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business! |
| Support | The GUAVA management team wants to empower you to quickly and efficiently manage your business and drive growth. We provide a proven online business support system that allows you to open an office anywhere in the country while maintaining consistent reliability and dependability of operations without reinstalling any software. We provide you with a comprehensive and scalable business management solution that will easily adapt to your rate of business growth. Our system allows optimal efficiency with greater productivity. It enables you to benchmark your performance with other franchisees in several areas such as marketing, human resources and finance. You can choose from a broad range of predefined reports tailored for GUAVA franchisees to meet their regulatory and business requirements. GUAVA technology reduces administrative costs, improves employee retention and enhances profitability and helps you deliver the quality care your clients expect. It simplifies scheduling, time sheet management, billing, payroll, marketing, human resources, client records, finance, insurance claims, integrated telephone for clock-in and no-show caregivers and much more. Our system is a powerful web-based, easy to use solution that allows access to the system any time of day, any day of the week from anywhere in the world. | Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity |
| Marketing | We provide state of the art marketing planning, coaching and tools through our marketing partner, Crew360, Inc. You will begin your business with a 360 degree assessment of your marketing needs and an individualized strategic marketing plan. We are innovative in our marketing approach, applying the latest strategies and technologies such as online marketing, email blasts, search engine marketing, digital and print PR, social media, statistical tracking and analysis, mobile marketing, audio and video production as well as one-on-one relationship building and face-to-face marketing in your community. This will all be clearly laid out in your year one marketing plan. A comprehensive marketing plan will be customized to your community. A customized web site will provide you with the freedom to update and enhance content, giving you a high quality, cost effective corporate approach. Hundreds of choices of marketing materials and promotional items for distribution within your target market will be available on our online store. Our marketing team works hand in hand with you on your one year plan. Whether you have broad and in-depth marketing experience or if you would benefit from a Marketing 101 approach, we are here to help ensure your success. | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | No |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About GUAVA Home and Healthcare Services
GUAVA Care is one of the fastest growing home care franchise opportunities in the United States. GUAVA Care is unique in various ways. We provide the broadest range of in-home non-medical and medical staffing services to individual clients, corporations and medical institutions. No previous medical or care giving experience is necessary to buy a healthcare franchise, and the GUAVA opportunity gives you the ready-made framework within which to build a successful business. Our professional support team will assist you every step of the way using our Building Block Healthcare System� for franchise development: Step One - We help you build a home-based, non-medical personal care business to start generating revenue with minimal startup funds. Step Two - Once you build revenue, we strategically plan the transition into an office-based home healthcare model. Step Three � We transition you into a staffing model, allowing for additional revenue streams through medical healthcare and medical staffing. Step Four � We provide the full array of in-home services through a medical healthcare model, utilizing the same office space and the same staff. Unlike other models, GUAVA provides a comprehensive 6-month training program, daily communication, on-site monitoring and additional on-site training after 24 months in business to guide you into your Step Four transition. Financial Requirement: Franchise Fee: $35,000, Second Territory $24,500; Liquid Cash Requirement: $50,000; Minimum Net Worth: $250,000 Special Incentives: *MinorityFran Participant *Women's Programs Available *International Opportunity Franchise Resale Opportunity *Home Based Franchise
About The Haven Family Care
The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.