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Below is an in-depth analysis and side-by-side comparison of CareMinders vs HomeWell Senior Care 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 | $96,400 - $221,800 |
Franchise Fee | $39,000 | $24,900 - $49,500 |
Royalty Fee | 3.75%-5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 2002 |
Year Franchised | 2004 | 2003 |
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 | Yes/- |
Start-up Costs | No/No | -/Yes |
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. | On-The-Job Training: 24 hours Classroom Training: 40 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. | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
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 | - | Absentee Ownership Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
At HomeWell Senior Care Franchises, we look for individuals who are passionate
about helping others with dignity and honesty. We target people who have
integrity, a sturdy work ethic, and a vision they are not afraid to pursue.
Individuals are often looking for quality care for their elderly loved
ones. It can be difficult for family members to trust senior care facilities.
This is where HomeWell stands out. Founded by a caretaker, we prioritize
the needs of the elderly. We offer services that people can trust. As
such, when you work with HomeWell, you work with a brand that is nationally
recognized and respected! Call today to learn how you can start your own
Senior Care business!
Are you an entrepreneur striving to make a difference in the world? If
so, HomeWell Franchises might be your calling.