Spectrum Home Services vs Senior Care Authority Franchise Comparison

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

Start-Up Costs and Fees

 
Spectrum Home Services Franchise
Senior Care Authority Franchise
Investment $58,000 - $99,950$20,000 - $245,400
Franchise Fee $25,000$10,000 - $52,500
Royalty Fee 5%8%
Advertising Fee --
Year Founded 20002009
Year Franchised 20042014
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Spectrum Home Services Franchise
Senior Care Authority Franchise
Experience
  • General business experience
  • Marketing skills
  • Although professional service or sales experience can be a plus – Senior Care Authority will provide you with hands-on technical training before you open your “doors” for business and will be there for you every step of the way as you learn how to run and operate your location.

    Financing Options

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

    Training & Support

     
    Spectrum Home Services Franchise
    Senior Care Authority Franchise
    Training -Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, Regional advertisingAd Templates National Media 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: 1 - 3


    Expansion Plans

     
    Spectrum Home Services Franchise
    Senior Care Authority 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 Senior Care Authority

    Senior Care Authority has a unique franchised organization that has a national network of professionals helping families locate the best long-term living options for their loved ones.  We’ve establish confidence from our clients by meeting them personally and guiding them through often difficult decisions in the placement process. Our reputation is untarnished in each community we operate in, provide dependable, reliable marketing and referrals to generate new customers and leverage technology, systems and processes that have been proven to produce consistent and profitable results.
    Our Primary Services:
    Senior Placement
    ElderCare Consulting

    Why Senior Care Authority?

    The total investment necessary to begin operation of a Senior Care Authority® business is between $20,000 and $82,400. This includes between $10,000 to $53,150 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Senior Care Authority® Multi-Unit business will be between $105,000 and $245,400, with a minimum of $95,650 and a maximum of $216,150 that must be paid to the franchisor or its affiliates.

    Veteran Incentives  Royalty fees waived for first year

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