| ||||
Updated RecentlyHome Instead vs AmeriCare Homecare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Instead vs AmeriCare Homecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $108,900 - $124,910 | N/A |
| Franchise Fee | $55,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1994 | - |
| Year Franchised | 1995 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| 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 | We begin training before training begins. Before you even attend classes, we start working with you to answer questions, walk you through materials and assist you in the licensing process. When you arrive for formal training, you're better able to benefit from the interactive and role-playing exercises. This hands-on experience offers much more than any lecture ever could. We even help you build your business during training sessions by making sales calls with you and assisting you in setting up appointments. The last thing we want to do is send you back home with a stack of manuals and little applicable understanding. Training doesn't end when you return home. Our post training makes sure that the learning continues, with weekly conference calls, continuing education and support in your market. No one else offers this level of connectivity because only AmeriCare's Master Franchise Program provides you with an Area Developer to mentor you towards growth. |
| 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.
| - |
Expansion Plans |
||
| 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.
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
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
!["Franchisee]("http://www.pccfranchise.com/images/best_franchise_2013.jpg")
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
#19 in Gator's Top franchises.
#26 on Franchise Rankings.com
#156 in Franchise 500 for 2020.
#242 in Franchise 500 for 2021.
About AmeriCare Homecare
Would you rather own a caretaking company or a caregiving company?
The caretaker mindset is preoccupied with profits, often at the expense of developing the people and resources needed for long-term growth. Caretakers view their own time, energy and emotional commitment as costs rather than investments. When they minimize these things, the company culture and morale reflect this, not to mention the patient experience.
Owning a caregiving company is different.
The owner of a caregiving company understands that profits should be measured over time and that a flexible, supportive work environment is a good investment. When you take better care of your workers, they take better care of your customers. Our practices are carefully developed to deliver a superior service backed by superior resources and knowledge of the market. In other words, we position you to capitalize on an industry that is experiencing explosive growth.
Homecare is virtually recession-proof.
As more and more children trade roles with their aging parents, they encounter more and more demands on their already-loaded schedules. Added to the demands of career, spouses and children, caring for a special needs person can easily become overwhelming.
Many of our franchisees have had to face this themselves. That's why AmeriCare was so appealing to them. They see the need and have empathy. They see the potential and have vision.
Our clients can work one-on-one with their caregiver to create a
personalized care plan. We do not implement limitations on caregivers.
It is up to the client and the caregiver to establish the proper
non-medical caregiving service plan.