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Updated RecentlySynergy HomeCare vs My Elder Advocate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Synergy HomeCare vs My Elder Advocate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $38,991 - $160,718 | $72,250 - $118,600 |
| Franchise Fee | $27,000 - $94,000 | $59,500 |
| Royalty Fee | 5% | 8% |
| Advertising Fee | 2% | - |
| Year Founded | 2000 | 2008 |
| Year Franchised | 2005 | 2014 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal 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 | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 1
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Synergy HomeCare
Join the Fastest Growing Franchise
in the Fastest Growing Industry
Turned into a Synergy HomeCare establishment proprietor and go along with one of the quickest developing non-therapeutic home care establishments in North America!
* #3 in the Franchise Business Review's Franchise 50 Awards!
* Recognized by Entrepreneur Magazine as one of the Top 500 Franchises!
* MSNBC Top 10 Business List
* Recession-confirmation
* In-home senior care is the quickest developing industry
* Low start-up expenses
* Proven framework
* Turn key operation
There are presently more than 34 million individuals in the U.S. over age 65 - around 12% of the populace. In 25 years, this age gathering will develop to more than 70 million. With our built up establishment idea, you can help the opportune people give important non-restorative home care administrations - administrations that specifically affect the personal satisfaction of our customers and their families. Prepared for an establishment opportunity that will give you finish control over your budgetary future?
1. Do the exploration
Find out about Synergy HomeCare establishments, start-up necessities, history, inquiries and venture required.
2. Get more data
Ask for our UFOC and definite data.
3. Discover what's next
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About My Elder Advocate
My Elder Advocate Is The Only Overarching Elder Advocacy Franchise In The United States My Elder Advocate was founded in 2008 to provide peace of mind to clients and their families. Our commitment to protecting the rights and dignity of elders has earned us a reputation as an uncompromising elder advocate. CEO Jack Halpern founded the business with 41 years of experience in the elder care industry. Joined by his wife and COO, Claudine Halpern they have filled a huge gap in the elder care industry and systematized an approach to tackling elder care rights and issues. If you are passionate about helping families and elders in crisis, and you are looking for a home-based franchise that you can quickly expand, take the next step and learn more about our franchise. If you are ready to learn . . . . we are ready to share everything we know about this expanding industry.