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Below is an in-depth analysis and side-by-side comparison of Home Instead vs iCare - Intelligent Home Care Solutions 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 | $19,900 - And Up |
Franchise Fee | $55,000 | $19,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 2% | 3.5% |
Year Founded | 1994 | - |
Year Franchised | 1995 | - |
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 | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
iCare delivers a comprehensive suite of non-medical services to its clients including home making, home support and personal care services. Enabling consumers to maintain a quality of life in the comfort and surroundings of their own home, while providing our franchise partners opportunities to become self employed, working and building their businesses in a positive growth oriented environment. Starting at $19,900 Multi Unit franchise owner This is an opportunity for the business minded person to develop a larger territory consisting of several offices. This would be appropriate for those who have the skill set to administer and market their businesses on a larger scale and manage significant staffing requirements. Master Franchise This is an opportunity for someone who wishes to develop a larger territory outside The United States by selling and supporting unit franchises within a geographic area or country. The Master Franchise owner shares in the revenue stream and success of their team. A work from home franchise opportunity with iCare intelligent home care offers you the chance to change careers, own your own business and become your own boss, without re-inventing the wheel, all while truly making a difference in the lives of others in need. Our low cost franchise opportunity gives you the chance to fulfill your dreams of self-employment, job security and financial gain that come with a proven method, without the high risk and uncertainty that plagues the traditional business marketplace. With the expert training and enthusiastic support of iCare intelligent home care, success is yours to achieve! What a work from home franchise Opportunity has to offer: * successful business model * proven methods and products * start-up assistance * on-going training and support * association and synergy with other franchisees * easier to obtain financing * group buying power and marketing