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Below is an in-depth analysis and side-by-side comparison of Amada Senior Care vs In Home Personal Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $82,150 - $275,500 | $45,750 - $122,000 |
Franchise Fee | $42,000 - $48,000 | $25,000 - $32,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% | 1.5% |
Year Founded | 2007 | 2004 |
Year Franchised | 2012 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Owning an Amada Senior Care business requires an investment with two major components - human and financial. Above all, we're looking for good human beings - compassionate and motivated individuals with a drive to help and a drive to become effective business leaders. We can train you in nearly everything else, but nothing can compensate for lack of desire and heart. We look for franchisees who are: *Compassionate/Charitable *Competitively driven to be the best *Urgency in all things *Farmer/Entrepreneur mentality *Confidently Humble | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 48 hours Classroom Training: 46 hours | On-The-Job Training: 71 hours Classroom Training: 41 hours |
Support | Newsletter Meetings/Conventions 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 |
Marketing | Co-op Advertising Ad Templates Social media Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The demand for services in the senior care industry continues to increase every year. More than 10,000 people turn 65 every day and by the end of 2012, the senior population in America will reach nearly 49 million. By 2025, it will grow to nearly 72 million.
True Caring is Exploring All Care Options
There's only one way to say this: Amada is different. Over the last 7 years we have built a business model insisting that seniors and their families explore all of their care options. Amada is one of the only senior care companies in North America that provides in-home non-medical care as well as assisted living placement consulting services. Today, Amada is one of the fastest growing senior care companies in California.
Home Care is a high demand and very profitable industry many entrepreneurs should consider. Quality in-home care, privately paid for by the client, is now a vital part of the long-term care solution for millions because it provides seniors a choice where they want to be and how they want to live as they age. Tomorrow’s forecast? Gray. But for investors this means green. The Baby Boomers are hitting their 60s and 70s, and the need for home health care is going to spike, making it the perfect time to invest.
In Home Personal Services has a proven business model with virtually no overhead. Our model provides, fast, friendly, and recurring business opportunities in a protected territory so our franchisees enjoy the growth of their system from the very start.