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Below is an in-depth analysis and side-by-side comparison of Keepsake Companions vs My Elder Advocate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $57,671 - $116,521 | $72,250 - $118,600 |
Franchise Fee | $33,721 | $59,500 |
Royalty Fee | 5% | 8% |
Advertising Fee | 2% | - |
Year Founded | 2009 | 2008 |
Year Franchised | 2012 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. | - |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | absentee or part time owner? NO | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Husband and wife team, Kristen and Henri Chazaud, founded Keepsake Companions in 2009 to "improve lives, one household at a time." The start up costs of $33,721 includes systems, training and support in a number of areas that include: Office operations, hiring and scheduling. Pre-Opening guide, and trainings in San Diego and on site. A "Keepsake Coach" to guide you for the first three months. Daily operations manual and employee handbook.Keepsake Companion development and client care systems. "Culinary Companion" development. Marketing strategy, collateral materials and personal website.
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.