Homewatch CareGivers vs AnswerCare Franchise Comparison

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

Start-Up Costs and Fees
 
Homewatch CareGivers Franchise
AnswerCare Franchise
Investment $89,125 - $151,875$41,875 - $124,675
Franchise Fee $49,000 - $61,500$39,900
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 1973-
Year Franchised 1986-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Homewatch CareGivers Franchise
AnswerCare Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience helpful, compassionate, people-oriented, sales, manager
    		• -

    Financing Options
     
    Homewatch CareGivers Franchise
    AnswerCare Franchise
      In-House/3rd PartyIn-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
     
    Homewatch CareGivers Franchise
    AnswerCare Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support

    AnswerGroup's corporate executives have been focusing on healthcare for over 40 years, leveraging our experience in the industry. At AnswerGroup, we provide personalized support through an ongoing training affiliation with Harvard ManageMentor which provides our franchisees with managerial guidance. Weekly & Monthly Meetings Regional Meeting Quarterly Conference Annual Seminar

    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)

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    Expansion Plans
     
    Homewatch CareGivers Franchise
    AnswerCare Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Homewatch CareGivers

    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

    Veteran Incentives  10% off franchise fee

    About AnswerCare

    AnswerCare Anytime. Anywhere. Home | Health | Solution High-Value & Flexible Senior Care.
    AnswerCare provides quality home health solutions through affordability, convenience, and web-based innovation to enrich the lives of seniors living in the community through assistance with activities of daily living and instrumental activities of daily living.