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Updated RecentlyHome Instead vs Caring Matters Home Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Instead vs Caring Matters Home Care 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 | $38,900 - $64,900 |
| Franchise Fee | $55,000 | $20,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 1994 | 2002 |
| Year Franchised | 1995 | 2011 |
| 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/ | - |
Financing Options |
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| 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 |
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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 | - | Yes |
| 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 Caring Matters Home Care
Caring Matters Home Care - The Leader in Government Funded Home Care Services. Why is this important to a potential franchise partner of Caring Matters? Because the government funded home care services are recession proof and your business has the ability to add revenue and clients even in a difficult economy. Caring Matters was founded in 2002, originally as Caring Companions in Reading, Pennsylvania. The company was built under the leadership of Mr. Russell Piper. Caring Matters founder had a career in the nursing field spanning over twenty years in caring for patients and working closelyHome Care Franchise with those in need of nursing services. After years of working with a wide variety of clients and people, Mr. Piper decided there was need for an organization that would focus specifically on the quality of care that was delivered to the client. Above anything else, the people who truly CARE about their clients and are passionate about the client's well being would join them in their focus to build a leading company in the home care industry. Senior Care FranchiseCaring Matters was born and soon thereafter, a group of professionals were brought in to the company who shared the same core beliefs and ideas about what made patient care special. Soon, the Reading, PA office was bustling with over 250 employees and the In Home Care landscape had been changed forever. Together with the assistance of a dedicated team of professionals, Caring Matters redefined what was considered truly an exception in home care. Caring Matters is headquartered in Reading, PA, but is expanding into markets throughout the United States with the addition of franchise partner offices in select markets. Today, the Caring Matters franchise has expanded into newIn Home Care Franchise Business markets throughout the Northeastern United States. Five new franchise partners have joined the growing organization and the company continues to grow. Caring Matters currently has 14 Franchisees and continues to grow throughout the United States. By focusing on systems, procedures and patient care, the Caring Matters model is changing the way the home care franchise landscape and industry. Contact us for more information on the Caring Matters Home Care Franchise