Owens Corning Basement Finishing System vs Med+/ MedPlus Home Health Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Med+/ MedPlus Home Health Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Owens Corning Basement Finishing System Franchise
Med+/ MedPlus Home Health Care Franchise
Investment $41,000 - $167,000$50,000 - $75,000
Franchise Fee $15,000$24,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20002004
Year Franchised 20002010
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $9K-


Business Experience Requirements
 
Owens Corning Basement Finishing System Franchise
Med+/ MedPlus Home Health Care Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
    		• -

    Financing Options
     
    Owens Corning Basement Finishing System Franchise
    Med+/ MedPlus Home Health Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Owens Corning Basement Finishing System Franchise
    Med+/ MedPlus Home Health Care Franchise
    Training --
    Support Meetings, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Owens Corning Basement Finishing System Franchise
    Med+/ MedPlus Home Health Care Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion No-

    Company Overviews

    About Owens Corning Basement Finishing System

    Owens Corning has been a world leader in building materials, systems and composite solutions for more than 70 years, and a Fortune 500 company for more than 50 years. The ability to remain a household name for residential and commercial projects is partially due to the successful partnerships with businesses who are devoted to sharing the Owens Corning standards. The Basement Finishing System ("System") was developed at Owens Corning's nationally accredited and internationally recognized Science & Technology Center, Granville, Ohio. As with all of its products, Owens Corning focused on developing a high-quality system designed to meet the market needs. For that reason, Owens Corning conducted extensive research and development. This included three years of testing and modifications. The result is a state-of-the-art Basement Finishing System that benefits franchisees and homeowners alike. The System also has been recognized with awards from Popular Science and the National Association of the Remodeling Industry. If you are interested in growing your business, becoming an Owens Corning customer may be the perfect opportunity for you.

    About Med+/ MedPlus Home Health Care

    At Med+ Home Health Care we are committed to providing the right solutions to the growing, yet under-serviced independent living marketplace. We're growing to meet the needs, are you interested in joining our team? Entrepreneur Magazine's "Franchising Hot Spots" lists senior care as the most promising, vibrant and vital business opportunity out there. In 2011 the first of the Baby Boomers turned 65, ushering in an aging population trend lasting through 2030. It is this demographic that positions Med+ Home Health Care as a growing business opportunity in which we are actively seeking like-minded individuals to share in our mission and success.
    We are devoted to our franchisee partners and offer unlimited support to ensure their success.