Spectrum Home Services vs FirstLight HomeCare Franchise Comparison

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

Start-Up Costs and Fees

 
Spectrum Home Services Franchise
FirstLight HomeCare Franchise
Investment $58,000 - $99,950$112,881 - $199,376
Franchise Fee $25,000$49,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 20002009
Year Franchised 20042010
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Spectrum Home Services Franchise
FirstLight HomeCare Franchise
Experience
  • General business experience
  • Marketing skills
  • Success-minded individuals from all occupations and walks of life will find great potential with the FirstLight HomeCare operating system. We look for people or teams of people who are caring, compassionate, outgoing, detail-oriented, visionary, entrepreneurial, positive, self-motivated, with a willingness to follow a proven system, a desire to deliver great service and a desire to be on a winning team. A minimum of $50,000 in working capital and the ability to have an equity owner participating in the business are required.

    Financing Options

     
    Spectrum Home Services Franchise
    FirstLight HomeCare Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Spectrum Home Services Franchise
    FirstLight HomeCare Franchise
    Training -Our training is state-of-the art in the senior care industry and begins with five full days at our headquarters in suburban Cincinnati, OH. This is very hands-on and personalized in small group settings to maximize the learning experience. Additionally, ongoing training modules for your managers, caregivers, referral networking managers and care managers/schedulers are provided as your business grows and your training needs evolve. We believe in "learning for life" and have patterned our franchise services in the same manner On-The-Job Training: 32 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesWe are driven by the simple approach that if our franchisees are successful, we will all be successful. Our support infrastructure is geared to enabling your success first. You will receive a range of direct services and training via a five day, extensive, new owner learning session; onsite visits; telephone coaching; operational analysis; Intranet forums; regional meetings and national conferences; entrepreneurial network sharing; and future services as we evolve and your needs change as your FirstLight business grows. 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 Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed.

    Absentee Ownership Allowed

    Number of Employees Required to Run: 2


    Expansion Plans

     
    Spectrum Home Services Franchise
    FirstLight HomeCare Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion Yes-

    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 FirstLight HomeCare

    FirstLight HomeCare's administration begins with our kin - individuals who have been there and who comprehend the difficulties to seniors, their relatives and nearby groups. We comprehend the difficulties families confront when tending to friends and family, regardless of whether they are across town or the nation, and that implies finding and contracting the correct sort of care.

    * FirstLight parental figures are immediate workers, not temporary workers - state authorized, screened and foundation checked - and must go through our thorough care preparing.

    * FirstLight is a completely agreeable organization with respect to the security of every customer's close to home wellbeing information. All parental figures are prepared in security issues.

    * Following exhaustive enlistment and care preparing before we ever start giving administrations, all FirstLight representatives should likewise total our exceptional Culture of Care preparing and introduction procedure to convey a much larger amount of care.

    FirstLight HomeCare's qualities driven approach touches each part of our business, including earth shattering, industry-driving instruments for our customers and their families:

    # Client Care Access

    # Emergency Response

    # Client Satisfaction Surveys

    # Client Care Assurance

    # ClientFirst

    On the off chance that you are occupied with having any kind of effect in the lives of others, giving an uncommon level of customer care and banding together with a demonstrated pioneer, we need to get notification from you - contact FirstLight HomeCare today!

    Seeking new franchise units throughout the U.S., Asia, Australia/New Zealand, Canada, Eastern Europe and Western Europe
    Veteran Incentives  $10,000 off franchise fee
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    In Franchise Business Reviews Top 200.
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