|
Below is an in-depth analysis and side-by-side comparison of @Work HelpingHands Services vs 24/7 Nursing Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $152,000 - $211,500 | $48,250 - $63,300 |
Franchise Fee | $35,000 | $34,900 |
Royalty Fee | 2.6%-6.5% | 5% |
Advertising Fee | - | 1,5% |
Year Founded | 1990 | 2013 |
Year Franchised | 2003 | 2017 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
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 | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | On-The-Job Training: 8 hours Classroom Training: 22-24 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Grand Opening |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | - |
Operations |
Franchise can be run from home. 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
| Number of Employees Required to Run: 10 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
@WORK's Franchise Offering Includes All Four Programs for One Franchise Fee
@WORK Personnel
* 98% of companies use some form of personnel staffing
* Predominately staffs employees in administrative and industrial fields
* 3 million people per day are employed by staffing companies
* 79% of staffing employees work full time, virtually the same as the rest of the work force
@WORK Medical
* Mostly staffs employees in the health care field such as nurses and allied healthcare workers
* With a shortage of nurses and the new healthcare reform this program is in high demand
* Recession resistant
@WORK HelpingHands
* Provides non-medical home care and service assistants to individuals who desire help doing daily tasks
* Offers four services: Daily Living Assistance & Senior Services; Personal Concierge; Homemaker's Services; and Parent's Helper
* 9 out of 10 seniors prefer to grow old in their home
@WORK Search
* Provides a full-service, direct-hire recruiting franchise opportunity
* Recruits highly sought accounting, engineering, information systems, human resource, and sales professionals
Veterans Discount: 20% off Franchise Fee
24/7 Nursing Care, Inc is a leading provider of nursing care and companion services for individuals who want to remain independent and outside of a nursing home setting. We believe that the medical and emotional aspects of home health care should go together. The caregivers we place are those that excel both at their job and empathizing with patients. We believe there’s no point in focussing on a patient’s medical needs without addressing the need for tender loving care. As our name suggests, we provide round the clock care, both day and night. No job is too big or too small.
Following the success of our vision in our hometown of Miami, Florida, we were inspired to spread this ethos and offer franchise opportunities nationwide.