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Updated RecentlyHome Instead vs Preferred Care At Home Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Instead vs Preferred Care At Home 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 | $62,500 - $84,500 |
| Franchise Fee | $55,000 | $44,500 |
| Royalty Fee | 5% | 5%-3% |
| Advertising Fee | 2% | $150/mo. |
| Year Founded | 1994 | 1984 |
| 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/ | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | 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 | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| 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 | 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 | 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 Preferred Care At Home
It is our intention to give you, as a potential franchise owner, the
opportunity to understand the culture of Preferred Care At Home, to help you
self-appraise your personal and professional goals, and ultimately to
connect with Preferred Care At Home to see how well you would do owning one of the fastest-growing businesses in America.
And there is no better place to learn about home care than from
the very people who have been in the industry since 1984, back when
private home care was a little known option to consumers. Preferred Care At Home can
honestly say, “We have been there and done that many times over, and we
are qualified to say that we can help you streamline your journey.”
Armed with over 3 decades worth of experience, our aim is
twofold: to aggressively grow our market share across the nation, as
well as to strategically position our franchise owners for unique
opportunities for success in this highly competitive market.
If you want to become a part of a unique organization that
prioritizes maintaining the highest standards, where one’s net worth is
not the sole important criterion, where franchise opportunities are
awarded and are by invitation only, look no further.
Start today and see if you may be among the elite few selected.