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Updated RecentlyRight at Home vs IKOR Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Right at Home vs IKOR including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $80,150 - $147,150 | $86,450 - $138,083 |
| Franchise Fee | $49,500 | $37,500 |
| Royalty Fee | 5% | 8% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1995 | 2000 |
| Year Franchised | 2000 | 2010 |
| Term Of Agreement | 10 years | 10 years +5+5+5 |
| Term Of Agreement | 10 years | 10 years +5+5+5 |
| 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Two full weeks of training at our corporate office in Omaha, Nebraska. You'll learn about the administrative and operational sides of the business during this time, as well as specific sales and marketing techniques for a home health care franchise. You'll also receive detailed computer software instruction on our communication and invoicing systems. After your senior care franchise opens, we'll provide on-site guidance to help you establish successful daily routines to help grow and maintain your business. | Classroom Training: 74 hours |
| Support | *Recruitment and selection systems that help you hire friendly, trustworthy caregivers *Training through Right at Home University, our free, proprietary, Web-based education program *Care Rewards, our extensive incentive and reward programs, keep your staff happy and motivated Ongoing Support At every stage of development for your home care franchise, you'll have access to a team of experienced specialists that will help guide you through any situation. In a recent survey, Right at Home franchisees rated our overall knowledge of their business and support needs a 4 out of 5. | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Ad slicks | - |
| Operations |
Absentee ownership of franchise is NOT allowed. | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Right at Home
What is a Home Health Care Franchise?
A home health care franchise from Right at Home serves the needs of individuals who aren't ready for an institutional setting, but need assistance to remain living in the comfort and privacy of their own home. A Right at Home franchise provides trained, insured and bonded caregivers to seniors and disabled adults based upon the needs of each individual client.
As a home health care franchisee, you would be responsible for the administration, training and management of these caregivers. In addition, you would network with referral sources and position yourself as the expert in home health care in your area. At the end of the day, you will have helped an individual maintain quality of life and made your community a better place to live.
Starting a Home Health Care Business
Once in a great while, extraordinary market opportunities present themselves. Right now, our population is aging quickly causing an unprecedented demand for senior home care products and services. Through home health care franchise opportunities, Right at Home provides home health care and assistance for seniors and disabled adults. There's never been a better time to consider a senior home care franchise opportunity with Right at Home.
A Right at Home franchise provides innovative programs, training and procedures that allow you to efficiently and effectively provide a full spectrum of senior home care and medical staffing services. Our senior home health care franchise allows you to offer services such as companionship, personal care, and skilled nursing. As a result, you have the ability to expand the breadth of your services, retain clients for longer periods of time, and distinguish yourself from the competition.
If you choose to convert your existing home care business to a Right at Home Conversion Franchised Business, the franchisor may choose to reduce your Conversion Initial Franchise Fee. The total investment necessary to begin operation of a Conversion Franchised Business ranges from $74,750 to $144,780.
Veteran Incentives 10% off franchise fee
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About IKOR
A Unique and Rewarding Opportunity in the Senior and Disabled Professional Services Sector
IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psycho-social and financial life plans.
With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.
IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a
positive impact on the lives of individuals and families in their communities.
Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual.
The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children.
If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us! Take the next step toward being your community's solution for the issues of seniors and the disabled.
IKOR has identified the need, and developed the solution to address the specific medical, financial and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options and programs all become yours when you join IKOR!
What we seek in return is your dedication to providing services and intervention focused solely on the client.
We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture in so many ways. Contact us today to find out more
about the IKOR franchise program and begin your journey toward discovering if IKOR is right for you.