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Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Hallmark 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 | $89,125 - $151,875 | $13,900 - $26,900 |
Franchise Fee | $49,000 - $61,500 | $9,900 |
Royalty Fee | 5% | - |
Advertising Fee | 1% | - |
Year Founded | 1973 | 2012 |
Year Franchised | 1986 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | - |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | - |
Biochemist Paul A. Sauer founded Homewatch in 1973. The company's clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Caregivers provide non-medical and limited health care services.
#116 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Hallmark Homecare is a breakthrough concept. You don't need significant start-up investment, and you don't even need to quit your day job - you just need an interest in making a powerful impact on the lives of seniors and their families. If this is you, then our innovative model can help you improve your income, enhance your lifestyle, and build wealth and abundance by taking advantage of this unprecedented growth period in the in-home care field.
Hallmark Homecare franchisees search for and recruit professional caregivers, placing them on a direct-hire basis designed to saved clients money. The company was founded by Steve Everhart, who is also the founder and CEO of an in-home care franchise, The Senior's Choice.
Have you ever considered a business: In a rapidly expanding, multi-billion dollar industry? With an affordable start-up investment? That allows you to do meaningful, much-needed work? Where a proven turn-key system is provided? With a short ramp-up period? With low operating overhead and high profit margins? Where you can increase your income in a short time frame, and build your nest egg and security? That's recession-resistant with virtually endless selling opportunities? That requires no previous industry experience? That allows you to enjoy the independence of a home-based business work environment, flexible business hours, and the opportunity to help others and make a powerful impact on their lives?
See more at http://www.hhcopportunity.com