Home Instead vs AnswerCare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home Instead vs AnswerCare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Home Instead Franchise
AnswerCare Franchise
Investment $108,900 - $124,910$41,875 - $124,675
Franchise Fee $55,000$39,900
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

 
Home Instead Franchise
AnswerCare Franchise
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

 
Home Instead Franchise
AnswerCare Franchise
  In-House/3rd PartyIn-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

 
Home Instead Franchise
AnswerCare Franchise
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

AnswerGroup's corporate executives have been focusing on healthcare for over 40 years, leveraging our experience in the industry. At AnswerGroup, we provide personalized support through an ongoing training affiliation with Harvard ManageMentor which provides our franchisees with managerial guidance. Weekly & Monthly Meetings Regional Meeting Quarterly Conference Annual Seminar

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

 
Home Instead Franchise
AnswerCare Franchise
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    "Franchisee   "Top      
                               
"franchiserankingscom"
#19 in Gator's Top franchises.       
#26 on Franchise Rankings.com
#156 in Franchise 500 for 2020.
#242 in Franchise 500 for 2021.










About AnswerCare

AnswerCare Anytime. Anywhere. Home | Health | Solution High-Value & Flexible Senior Care.
AnswerCare provides quality home health solutions through affordability, convenience, and web-based innovation to enrich the lives of seniors living in the community through assistance with activities of daily living and instrumental activities of daily living.