| ||||
Updated RecentlyCareMinders vs Home Care Assistance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CareMinders vs Home Care Assistance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $138,100 - $199,000 | $86,000 - $245,250 |
| Franchise Fee | $39,000 | $55,000 |
| Royalty Fee | 3.75%-5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2003 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2500 | 10% of franchise fee |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/- | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
||
| Training | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. | On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences |
| Support | We provide you with a copy of the official CareMinders� Home Care operations manual is your blueprint to building and growing your CareMinders� Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About CareMinders
Life At Home Is The Key To Independence
CareMinders Franchisees offer both Medical and Non-Medical home care: companionship, personal , skilled care and related home support services and assistance to all ages of handicapped, convalescing and dependant individuals in their own homes, and when permitted, in nursing homes, hospitals, assisted care facilities and other medical settings.CareMinders Home Care is dedicated to enhancing the quality of life through delivering compassionate skilled and non-medical care to clients at home by trained and dedicated staff who continuously strive for excellence. We provide for the safety and security of clients, regardless of age, by offering personalized care and related home support services as well as harmonious companionship. We build relationships beginning with the very first encounter with a goal of providing the highest quality of care, second to none.
We offer a wide range of both long and short term assistance to our clients, regardless of age. You or your loved one may have a temporary or permanent disability or illness, or may just be in need of someone to assist with a variety of services. Examples of the skilled and non-medical services we provide include the following:
*Nursing Services
*Personal Care Services
*Live-In Services
*Therapeutic Services
*Counseling Services
*Multiple Revenue Stream Opportunities
*Many more services customized to meet the needs of our clients
About Home Care Assistance
!["Home]("https://fddexchange.com/wp-content/uploads/2020/01/Home-Care-Assistance.png")
If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs.
More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.
The total investment necessary to begin operation of a single HCA
Business is between $86,000 and $146,500. This includes $55,000 that
must be paid to the franchisor or an affiliate. The total investment
necessary to begin operation of an Area Development business will be a
minimum of $113,500, with no maximum. This includes a minimum of $82,500
that must be paid to the franchisor or an affiliate.