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Below is an in-depth analysis and side-by-side comparison of Visiting Angels vs 1Heart Caregiver Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $123,460 - $161,150 | $83,510 - $115,060 |
Franchise Fee | $49,950 - $79,950 | $47,500 |
Royalty Fee | 3.5-3% | - |
Advertising Fee | 2.5 -2% | - |
Year Founded | 1992 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | You need to have the genuine desire to help the elderly, the passion and commitment to build and develop the 1Heart business. Meet the initial investment and financial requirements Comply with business license requirements |
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 | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform | 1Heart provides complete marketing, training and pre-opening requirements support and guidance. Initial and ongoing training of Managers will be provided including staffing, recruitment, operations, sales and marketing, accounting, direct referral marketing and online lead generation support will be provided. |
Marketing | CCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Our senior care establishment openings are intended to give the bolster you have to assemble a flourishing business. With around 8,000 Americans turning 65 every day, the requirement for private obligation home care is developing drastically. By 2030, it is anticipated there will be 72 million seniors in the United States. Families are extended thin. Adjusting the necessities of elderly guardians or relatives with profession obligations and bringing up kids has never been more troublesome. Our private obligation mind administrations give the bolster numerous families require.
1Heart Caregiver Services provide high quality in-home care through a client-centered and service oriented approach 1Heart, 1Smile, 1Family at a time.