ELDirect Homecare vs IKOR Franchise Comparison

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

Start-Up Costs and Fees

 
ELDirect Homecare Franchise
IKOR Franchise
Investment $21,900 - $29,700$86,450 - $138,083
Franchise Fee $15,000$37,500
Royalty Fee 5%8%
Advertising Fee -1%
Year Founded 19962000
Year Franchised 20022010
Term Of Agreement 10 years10 years +5+5+5
Term Of Agreement 10 years10 years +5+5+5
Renewal Fee 10% of current franchise fee-


Business Experience Requirements

 
ELDirect Homecare Franchise
IKOR Franchise
Experience --

Financing Options

 
ELDirect Homecare Franchise
IKOR 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

 
ELDirect Homecare Franchise
IKOR Franchise
Training -Classroom Training: 74 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed.

Number of Employees Required to Run: 2

Expansion Plans

 
ELDirect Homecare Franchise
IKOR Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About ELDirect Homecare

Leigh and Candra Davis began ELDirect In-Home Senior Care in January of 1996 after watching their families cope with long-term illness and the trials of finding quality in-home care. For more than 10 years they watched their grandmothers deal with Alzheimer's, Parkinson's and cancer and their parents cope with the ever-increasing needs. Seeing first hand the family stress, burnout, financial stress and caregiver needs, ELDirect In-Home Senior Care's services are uniquely created to deal with these issues and keep clients safe, happy and out of nursing homes.

ELDirect In-Home Senior Care offers America's entrepreneurs one of the most creative, low cost opportunities to tap into the exploding ELDerly care market. 10 plus years of family experience, 8 years of business success in a highly competitive market and 5 years of franchise research come together in one franchising opportunity. Aggressive marketing programs coupled with proven client acquisition and retention programs give ELDirect In-Home Senior Care franchise owners the added edge.

ELDirect In-Home Senior Care offers entrepreneurs the ability to choose from hundreds of large, protected territories. Franchise owners also profit from: Multiple service - multiple income streams, low initial franchise fee, low ongoing fees and large profit margins.

About IKOR

A Unique and Rewarding Opportunity in the Senior and Disabled Professional Services Sector IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psycho-social and financial life plans. With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.

 IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a positive impact on the lives of individuals and families in their communities. Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual.

The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children. If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us! Take the next step toward being your community's solution for the issues of seniors and the disabled.

 IKOR has identified the need, and developed the solution to address the specific medical, financial and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options and programs all become yours when you join IKOR! What we seek in return is your dedication to providing services and intervention focused solely on the client. We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture in so many ways. Contact us today to find out more about the IKOR franchise program and begin your journey toward discovering if IKOR is right for you.

Veteran Incentives  10% off franchise fee