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Updated RecentlyHome Instead vs Retire-At-Home Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Instead vs Retire-At-Home Services 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 | $59,500 - $69,500 |
| Franchise Fee | $55,000 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1994 | 1994 |
| Year Franchised | 1995 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
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/ | * Health care experience is preferred, but not required. * Business Experience. |
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 | - |
| 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 | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| 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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Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | 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.
Veteran Incentives 10% off franchise fee
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About Retire-At-Home Services
A REWARDING OPPORTUNITY! A "Booming" MARKET! Retire-At-Home is an exciting franchise opportunity that is poised for growth in the Home Health Care industry! Whether you are a health care professional or not, now is the time to enter this exciting market and enjoy the success and rewards of serving seniors in their homes! Here are a few facts you should know about Retire-At-Home: WE ARE SERVING A "Booming" MARKET! Your timing is perfect! The Canadian home health care market is already a multi-billion dollar industry and, as the Baby Boomers age, 1 in 4 people will be a senior within the next 20 years. OUR FRANCHISE PACKAGE IS COMPETITIVE! Large exclusive territories, unmatched support and training, specialized software, marketing materials, advertising and much more. Our package is built with profitability and growth in mind! ACCREDITATION IS PROOF OF OUR HIGH STANDARDS! Our systems and processes have been accredited by Accreditation Canada. WE HAVE A UNIQUE RECIPE FOR BUSINESS GROWTH! Our franchise model is based on the success of the flagship office that has 35 years of experience and employs more than 150 caregivers. WE WORK SIDE-BY-SIDE WITH YOU TO SUCCEED! Our dedicated Business Development Team will work with you through our unique 4-stage business development plan. We will teach you how to provide quality care to seniors while reaching profitability as quickly as possible. WIDE RANGE OF REVENUE STREAMS! As a franchisee you can serve the millions of Canadians who require health care and want to remain in their home. Services include: Personal Care. Nursing Care, Housekeeping, Outings, Case Management, Special Needs Care, and other services that help seniors remain safe and comfortable at home!
WE'RE IN YOUR CORNER When you purchase a Retire-At-Home franchise, you are purchasing more than just a business; you are joining a team of experts in home health care, business development and community relations, whose goal is to support you as a franchisee and help ensure your continued success. We take the guess work out of building your home health care business and will help you excel in the crucial areas of your operations. Excellent territories are now available in most of Canada! We are proudly Canadian, and designed to serve the Canadian healthcare system.