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Below is an in-depth analysis and side-by-side comparison of ELDirect Homecare vs Launch Homecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $21,900 - $29,700 | $14,997 - And Up |
Franchise Fee | $15,000 | $14,997 |
Royalty Fee | 5% | 499/month |
Advertising Fee | - | - |
Year Founded | 1996 | - |
Year Franchised | 2002 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | *4 days of live training complete with, manuals, forms, and marketing materials. *Quickbooks training course by one of the leading financial trainers in the world. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *A customized website designed for your new home care and assisted living placement company. We optimize it so you are ready to launch! *Dozens of human resources forms, client contract forms, and service documents are included in your start-up package. Literally every document you will ever need is available! *A custom logo, 1000 customized brochures & 2500 business cards designed and printed to get you started with a professional look. The digital files are yours to keep! *We have an exclusive relationship with Legalzoom providing all of our clients with discounts on setting up their corporation, LLC, or partnership. *After you’ve completed the start-up training, you won’t be on your own. Launch Homecare provides a monthly service pack that includes a combination of ongoing training, services and resources, and huge discounts on insurance and other products. (Also available to existing senior care companies) |
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. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.
THIS IS NOT A FRANCHISE. THIS IS A BUSINESS OPPORTUNITY. Start a Senior Care Business in Your Area Using Our Start-Up Training Package! Launch Homecare combines the benefits of a typical franchise without the downsides. Our start-up training package includes 4 days of live training, manuals, forms, and marketing materials designed to give you the greatest foundation for success in starting your own senior care business. This requires an Initial Investment of $14,997 Monthly Service Pack After you have started or if you already have a senior care business in operation, our monthly service pack combines all of the technology, discounts, and services that you will need to succeed longterm. This requires a monthly service fee of $499/month.