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Below is an in-depth analysis and side-by-side comparison of My Elder Advocate 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 | $72,250 - $118,600 | $62,500 - $84,500 |
Franchise Fee | $59,500 | $44,500 |
Royalty Fee | 8% | 5%-3% |
Advertising Fee | - | $150/mo. |
Year Founded | 2008 | 1984 |
Year Franchised | 2014 | 2007 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 40 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.
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.