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Below is an in-depth analysis and side-by-side comparison of Senior Helpers vs Choose 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 | $109,300 - $179,750 | $49,900 - $90,900 |
Franchise Fee | $49,500 | $21,500 |
Royalty Fee | 5% | 5-3% |
Advertising Fee | 1% | - |
Year Founded | 2001 | 1998 |
Year Franchised | 2005 | 2004 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | 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 | On-The-Job Training: 50 hours Classroom Training: 69 hours Additional Training: Additional on-site training; computer-based training | * Available at headquarters: 1 week * At franchisee's location: Varies * Additional training available |
Support | 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 | Absentee Ownership Allowed Number of Employees Required to Run: 3 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |