Spectrum Home Services vs Home Helpers Franchise Comparison

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

Start-Up Costs and Fees

 
Spectrum Home Services Franchise
Home Helpers Franchise
Investment $58,000 - $99,950$84,450 - $136,600
Franchise Fee $25,000$48,900
Royalty Fee 5%3%-6%
Advertising Fee -0.5%-2%
Year Founded 20001997
Year Franchised 20041997
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Spectrum Home Services Franchise
Home Helpers Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Spectrum Home Services Franchise
    Home Helpers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Spectrum Home Services Franchise
    Home Helpers Franchise
    Training -* Available at headquarters: 1 week * Sales & marketing boot camps throughout the year
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives* Newsletter * Meetings * Toll-free phone line * Internet * Security/safety procedures * Field operations/evaluations
    Marketing Ad slicks, Regional advertising* Ad slicks * National media * Regional advertising Other marketing support * Marketing materials, promotional items, intranet
    Operations Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed.

    Franchise can be run from home.

    5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (96% of current franchisees are owner/operators)


    Expansion Plans

     
    Spectrum Home Services Franchise
    Home Helpers Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Spectrum Home Services

    Spectrum Home Services was started in 2000 accordingly of Jenny Nelson's Masters Project. Jenny Nelson, an enrolled Physical Therapist, chose to backtrack and get her Masters in Gerontology. As a feature of the Masters in Gerontology program, Jenny needed to build up a marketable strategy concentrating on the necessities of seniors.

    As a Physical Therapist, she would always observe individuals she had watched over in the nursing home return since they had re-harmed themselves attempting to keep up their homes. The longing was to create strategy for success to address this need.

    Jenny built up the Spectrum Home Services strategy for success keeping in mind the end goal to address these home support issues. At the time, the standard logic inside the medicinal services industry was that senior care organizations just tended to those issues managing the customers mind. That theory neglected to consider that the need to keep up the house was additionally an essential part of permitting the customer to live freely.

    Obviously, Jenny's educator was suspicious and gave her a C. Jenny is not one to acknowledge a C. Angry with the review, she quickly had her Husband Tony Nelson, an authorized Realtor and Property Manger, read the arrangement. Tony read the strategy for success and understood the requirement for seniors additionally perceived that bustling property holders, children of post war America, and land experts required a similar comprehensive administrations. Tony urged Jenny to talk about the review with her teacher.

    The following day Tony quickly quit his property administration work and centered his endeavors full time around building the Spectrum Home Service demonstrate into an effective business. Jenny contended her review with the suspicious educator and had the review change to a B.

    Today, the once suspicious educator is quite a while customer of Spectrum Home Services, was the keynote speaker at the primary Spectrum Home Services Franchisee Conference and is a major supporter of Spectrum Home Services mission and endeavors. Since the beginning of the organization, Spectrum Home Services clientèle has developed to incorporate occupied property holders, youthful moms, land organizations, seniors, non-medicinal senior care organizations, home wellbeing offices, strong restorative hardware suppliers and some more. Our essential objective is to make a sheltered, very much kept up environment for each of our customers, regardless of what phase of life they're in.

    At Spectrum Home Services we understand that our customers have different home administration needs running from dynamic seniors, occupied mortgage holders, and experts. When you call a Spectrum Home Services office, you can be guaranteed that your needs turn into our needs and that we will do all that we can to address your issues.

    About Home Helpers

    Senior Care is BOOMING! Ranked #1 in Senior Care for the past five years, Home Helpers gives you the opportunity to build a rewarding business providing exceptional non-medical and personal care in an industry with high profit potential and is a great business opportunity. Following our proven system, you'll receive comprehensive franchise training, ongoing support, an effective marketing program and much more to aid in your franchises success. Enjoy the benefits that come with franchise business ownership and feel good about helping others. Call today to learn more! 1-800-216-4196 Entrepreneur Franchise Magazine Our Track Record of Success
    Home Helpers has been a franchise leader in the senior and in-home care markets for many years. In fact, Entrepreneur magazine has ranked us as the #1 Senior Care Franchise and Best of the Best for the past 5 years as well as a Top 101 Home Based Franchise and Top Low-Cost Franchise. #1 Senior Care Franchise "Best of the Best" Top 101 Home Based Franchise Top Low-Cost Franchise With offices in more than 500 communities worldwide, we continue to open a new office every few days. And with the senior home care market growing so quickly, the opportunity in home care is tremendous. In fact, year over year, our franchisee owners have seen, on average, as much as a 24% increase in sales and have watched the value of their franchise in home investment continue to increase each year.

    The total investment necessary to begin operation of a Home Helpers Home Care franchised business that offers the minimum required services (senior care and home care) is from $84,450 to $136,600. This includes $57,100 that must be paid to the franchisor or an affiliate.
    If the population of your territory is greater than 250,000, you must pay an additional $500 for all or part of every 1,000 people over 250,000.
    The total additional investment necessary to offer optional skilled care services is $36,250 to $56,750 and the total additional investment to become Medicare certified (also optional) is $160,250 to $267,750, none of which is paid to the franchisor or an affiliate.

    "Top
    #44 in Gator's Top franchises.

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    In Franchise Business Reviews Top 200.
    #142 in Franchise 500 for 2021. Not in Franchise 500 for 2020.