Companion Connection Senior Care vs Mastercare Franchise Comparison

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

Start-Up Costs and Fees
 
Companion Connection Senior Care Franchise
Mastercare Franchise
Investment $13,500 - $29,500$117,800 - $215,450
Franchise Fee N/A$28,000 - $37,000
Royalty Fee --
Advertising Fee --
Year Founded 19852012
Year Franchised 20100
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Companion Connection Senior Care Franchise
Mastercare Franchise
Experience --

Financing Options
 
Companion Connection Senior Care Franchise
Mastercare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Companion Connection Senior Care Franchise
Mastercare Franchise
Training 4 days of semi-private live training in our Corporate Headquarters in New York Operations Manual Private Duty Policy Manual Marketing, Advertising and Membership Manual Recruitment Manual Forms & Employee Handbook Caregiver Online Training Academy 1 CD of Forms & the Employee Handbook 1 CD of Marketing Collateral Exclusive 11 part audio series on How to Market Home Care Services (over 10 hours of content) with 200 page workbook 1,000 Start-Up Brochures A Customized Website for Your Business Access to Comprehensive & General Liability Insurance Coverage Scheduling Software - included in first year's membership State Licensing Information 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
 
Companion Connection Senior Care Franchise
Mastercare Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Companion Connection Senior Care

THIS IS NOT A FRANCHISE  THIS IS A BUSINESS OPPORTUNITY
 

Considering starting your own home care business? Are you interested in being part of the fastest growing segment of the health care industry? Whether you want to start a non-medical home companion care agency or a licensed home health care business, we have the expertise and proven business experience you need.

Our goal is to help YOU build a successful business providing home care services to seniors in YOUR community. We invite you to leverage our 32 years of expertise and the hundreds of members we have helped accomplish their entrepreneurial dreams.  

  

The Companion Connection Senior Care business model is designed for people who want to start an independent business providing caregivers in the homes of seniors and people with disabilities.

"Companion

About Mastercare

"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.