Spectrum Home Services vs Griswold Special Care Franchise Comparison

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

Start-Up Costs and Fees

 
Spectrum Home Services Franchise
Griswold Special Care Franchise
Investment $58,000 - $99,950$106,350 - $133,100
Franchise Fee $25,000$49,500 - $54,500
Royalty Fee 5%4%
Advertising Fee -0.5%
Year Founded 20001982
Year Franchised 20041984
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee --


Business Experience Requirements

 
Spectrum Home Services Franchise
Griswold Special Care Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

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

    Training & Support

     
    Spectrum Home Services Franchise
    Griswold Special Care Franchise
    Training -Ongoing training in the field & free annual workshop series
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad slicks, Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
    Operations Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed.

    Franchise can be run from home.

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Spectrum Home Services Franchise
    Griswold Special Care Franchise
    US Expansion -Yes
    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 Griswold Special Care

    A geriatric counselor and clergyman's wife, Jean C. Griswold founded Griswold Special Care in 1982 to help people remain independent. Griswold was inspired to start the program after an elderly widow from her husband's church died of kidney failure because she couldn't find anyone to take care of her at night. The company's first employees were graduate students from local seminaries. Griswold was diagnosed with multiple sclerosis in 1990. Griswold Special Care provides ongoing home care for people who need help with daily tasks, are disabled, bed- or wheelchair-bound, live alone, or are recovering from hospitalization or nursing home stays. The service can also be used to give caregivers a break from caring for family members. The company's caregivers cook and prepare meals, do light housekeeping, shop and run errands, assist with transportation and medication, and transfer clients from beds to chairs. Offices in Florida offer expanded services with the help of RNs, LPNs and CNAs.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #353 in Franchise 500 for 2020.
    #382 in Franchise 500 for 2021.