Home Helpers vs IKOR Franchise Comparison

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

Start-Up Costs and Fees

 
Home Helpers Franchise
IKOR Franchise
Investment $84,450 - $136,600$86,450 - $138,083
Franchise Fee $48,900$37,500
Royalty Fee 3%-6%8%
Advertising Fee 0.5%-2%1%
Year Founded 19972000
Year Franchised 19972010
Term Of Agreement 10 years10 years +5+5+5
Term Of Agreement 10 years10 years +5+5+5
Renewal Fee --


Business Experience Requirements

 
Home Helpers Franchise
IKOR Franchise
Experience --

Financing Options

 
Home Helpers Franchise
IKOR Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Home Helpers Franchise
IKOR Franchise
Training * Available at headquarters: 1 week * Sales & marketing boot camps throughout the year Classroom Training: 74 hours
Support * Newsletter * Meetings * Toll-free phone line * Internet * Security/safety procedures * Field operations/evaluations Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing * Ad slicks * National media * Regional advertising Other marketing support * Marketing materials, promotional items, intranet-
Operations Franchise can be run from home.

5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (96% of current franchisees are owner/operators)

Number of Employees Required to Run: 2

Expansion Plans

 
Home Helpers Franchise
IKOR Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Home Helpers

Senior Care is BOOMING! Ranked #1 in Senior Care for the past five years, Home Helpers gives you the opportunity to build a rewarding business providing exceptional non-medical and personal care in an industry with high profit potential and is a great business opportunity. Following our proven system, you'll receive comprehensive franchise training, ongoing support, an effective marketing program and much more to aid in your franchises success. Enjoy the benefits that come with franchise business ownership and feel good about helping others. Call today to learn more! 1-800-216-4196 Entrepreneur Franchise Magazine Our Track Record of Success
Home Helpers has been a franchise leader in the senior and in-home care markets for many years. In fact, Entrepreneur magazine has ranked us as the #1 Senior Care Franchise and Best of the Best for the past 5 years as well as a Top 101 Home Based Franchise and Top Low-Cost Franchise. #1 Senior Care Franchise "Best of the Best" Top 101 Home Based Franchise Top Low-Cost Franchise With offices in more than 500 communities worldwide, we continue to open a new office every few days. And with the senior home care market growing so quickly, the opportunity in home care is tremendous. In fact, year over year, our franchisee owners have seen, on average, as much as a 24% increase in sales and have watched the value of their franchise in home investment continue to increase each year.

The total investment necessary to begin operation of a Home Helpers Home Care franchised business that offers the minimum required services (senior care and home care) is from $84,450 to $136,600. This includes $57,100 that must be paid to the franchisor or an affiliate.
If the population of your territory is greater than 250,000, you must pay an additional $500 for all or part of every 1,000 people over 250,000.
The total additional investment necessary to offer optional skilled care services is $36,250 to $56,750 and the total additional investment to become Medicare certified (also optional) is $160,250 to $267,750, none of which is paid to the franchisor or an affiliate.

"Top
#44 in Gator's Top franchises.

""
In Franchise Business Reviews Top 200.
#142 in Franchise 500 for 2021. Not in Franchise 500 for 2020.



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