|
Below is an in-depth analysis and side-by-side comparison of Interim Healthcare vs The Joint including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $125,500 - $198,500 | $183,497 - $378,697 |
Franchise Fee | $50,000 | $39,900 |
Royalty Fee | 3.5% - 5.5% | 7% |
Advertising Fee | 0.5% | 2% |
Year Founded | 1966 | 1999 |
Year Franchised | 1966 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Regional training | On-The-Job Training: 40 hours Classroom Training: 43 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is NOT allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Founded in 1966, Interim HealthCare is the nation's first and finest healthcare franchise organization. Through a comprehensive network of more than 300 independently owned franchise offices, Interim HealthCare franchisees are the largest combined provider of community-based home care, health care staffing and hospice services. Interim HealthCare is unique in combining the commitment of local ownership with the support of a national organization that develops innovative programs and quality standards that improve the delivery of service through franchisees that employ thousands of health care workers who serve 50,000 people each day.
The Joint Chiropractic franchise has taken the chiropractic industry by
storm and risen from a small number of stores to over 350 locations open
across the country in less than a decade. The Joint offers customers a
monthly membership and low costs for basic chiropractic care - starting
at $39 per visit. No appointments required, no insurance needed and
offering extended evening and weekend hours has given an entire
generation of customers access to the health and wellness benefits of
chiropractic maintenance care.