In Home Personal Services vs Mastercare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of In Home Personal Services vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
In Home Personal Services Franchise
Mastercare Franchise
Investment $45,750 - $122,000$117,800 - $215,450
Franchise Fee $25,000 - $32,500$28,000 - $37,000
Royalty Fee 6%-
Advertising Fee 1.5%-
Year Founded 20042012
Year Franchised 20090
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
In Home Personal Services Franchise
Mastercare Franchise
Experience --

Financing Options
 
In Home Personal Services Franchise
Mastercare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
In Home Personal Services Franchise
Mastercare Franchise
Training On-The-Job Training: 71 hours Classroom Training: 41 hours Initial pre-start up training In house administrative training
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Accounting Home Care Management Software systems Troubleshooting
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
Operations Number of Employees Required to Run: 4 - 6-

Expansion Plans
 
In Home Personal Services Franchise
Mastercare Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About In Home Personal Services

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.

Veteran Incentives  $20,000 off standard $32,500 franchise fee for veterans/veteran spouses; $25,000 off for Purple Heart recipients

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.