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Updated RecentlyHome Instead vs Visiting Angels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Instead vs Visiting Angels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $108,900 - $124,910 | $123,460 - $161,150 |
| Franchise Fee | $55,000 | $49,950 - $79,950 |
| Royalty Fee | 5% | 3.5-3% |
| Advertising Fee | 2% | 2.5 -2% |
| Year Founded | 1994 | 1992 |
| Year Franchised | 1995 | 1998 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $2.5K |
Business Experience Requirements |
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| Experience | We know that our proven business model works, so finding the right type of owner is very important to us. They come from all walks of life and backgrounds, but we only award franchises to those who are willing to be involved in the business full-time. Also, while we can teach you to run a unique senior care business, our owners also must have a passion to make a difference in the lives of the elderly. Want to see if you have what it takes to be a Home Instead Senior Care franchise owner? Fill out our form here http://www.thefranchisemall.com/request/ | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | Every new owner must complete a week-long training class held at our global headquarters in Omaha, Nebraska. But training never really ends. Our Training Department assigns a business coach to each new franchise owner during the critical first months to assure a smooth and successful start-up. Beyond all this, training continues throughout your tenure as a Home Instead Senior Care franchise owner. A Business Performance team assigned to you will assist and support you throughout your development. Then, our annual convention, state meetings and mentoring program provide perfect opportunities for you to learn more about how to run your business including the introduction of new marketing programs and approaches to running your business. Taken together, these may be the most compelling reasons to own a Home Instead Senior Care franchise. On-The-Job Training: Mentoring program Classroom Training: 40 hours Additional Training: Online training, 5 weeks; webinars, on-site visits | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference |
| Support | Over 100 Home Office staff draw on the collective Home Instead Senior Care network's 14 years of senior care experience to help you run your business efficiently. But, that's not all, our technical support team stands ready to coach you through any software and technology questions you may have. Support is available to you 24 hours a day, 7 days a week. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | CCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development |
| Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 12 Absentee ownership of franchise is NOT allowed.
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Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Home Instead
Home Instead Senior Care was founded in 1994 by Paul and Lori Hogan.
Based in Omaha, Nebraska, it provides part-time, full-time and live-in nonmedical service for the elderly who can manage their physical needs but require assistance, supervision, light housework and companionship to remain in their homes.
Home Instead Senior Care has locations in the United States, Canada and Western Europe, and offers international master franchise opportunities.
Veteran Incentives 10% off franchise fee
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#19 in Gator's Top franchises.
#26 on Franchise Rankings.com
#156 in Franchise 500 for 2020.
#242 in Franchise 500 for 2021.
About Visiting Angels
Our senior care establishment openings are intended to give the bolster you have to assemble a flourishing business. With around 8,000 Americans turning 65 every day, the requirement for private obligation home care is developing drastically. By 2030, it is anticipated there will be 72 million seniors in the United States. Families are extended thin. Adjusting the necessities of elderly guardians or relatives with profession obligations and bringing up kids has never been more troublesome. Our private obligation mind administrations give the bolster numerous families require.
When you pick a senior care establishment from Visiting Angels, you are cooperating with an organization focused on the development and achievement of your business. We are focused on giving our franchisees a far reaching marking and promoting effort that will drive business to their areas. Our national marking and lead era crusade incorporates promoting in print, on the web, on the radio, and on national TV outlets including Fox News, CNN, Travel Channel, HGTV and that's only the tip of the iceberg. We circulate a huge number of home care drives every month to our senior care establishment areas by means of our national call focus. Our call focus is open 24 hours a day, seven days a week to log and circulate calls to each of our senior care establishment areas around the globe.
Our senior care establishment proprietors appreciate working with a strong home office that is constantly accessible to give direction and counsel. Only a few ways we bolster our senior care establishment proprietors include:
International Franchising
Yearly gatherings
One-on-one preparing
Provincial gathering preparing
Month to month online courses
Questions and answers library with data assembled from almost 20 years of senior care establishment encounter
Restrictive "Associated Community" site with exclusive operational, promoting and publicizing pieces
Advanced and redid sites
Interior online networking stage permitting you to associate with other Visiting Angels franchisees
We locate our best franchisees are resolved to merciful care and have an energy for the administrations they give. Our business is an individual one. We work inside the homes of our customers giving customized, one-on-one care administrations. Our Angel allies make it workable for families to keep their friends and family at home. We are the "distinction producers" in our groups. Is it accurate to say that you are set up to have any kind of effect?
The total investment necessary to begin operation of a Visiting Angels franchise is $123,460 to $161,150. This includes $49,950 to $79,950 that must be paid to the franchisor or affiliate.
The Initial Franchise Fee for a Visiting Angels franchise is $49,950 for a protected
territory of up to 100,000 population, $59,950 for a protected
territory of up to 200,000 population, $79,950 for a protected territory
of up to 325,000 population (additional protected territory can be
purchased for a fee which will be calculated based on the price of the
current Franchise Offering at the time of purchase). This sum does not
include rent for a business location but does include working capital
for the first year.
Veteran Incentives 10% off franchise fee
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#5 in Gator's Top franchises.
#191 in Franchise 500 for 2020.