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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Touching Hearts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $138,100 - $199,000 | $48,900 - $75,600 |
Franchise Fee | $39,000 | $39,500 |
Royalty Fee | 3.75%-5% | 3%-5% |
Advertising Fee | - | - |
Year Founded | 2004 | 1996 |
Year Franchised | 2004 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/- | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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. | Classroom Training: 32 hours |
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 Online Support Security/Safety Procedures Field Operations Site Selection 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 Social media SEO Website development |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |