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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Companion Connection 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 | $13,500 - $29,500 |
Franchise Fee | $39,000 | N/A |
Royalty Fee | 3.75%-5% | - |
Advertising Fee | - | - |
Year Founded | 2004 | 1985 |
Year Franchised | 2004 | 2010 |
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. | 4 days of semi-private live training in our Corporate Headquarters in New York Operations Manual Private Duty Policy Manual Marketing, Advertising and Membership Manual Recruitment Manual Forms & Employee Handbook Caregiver Online Training Academy 1 CD of Forms & the Employee Handbook 1 CD of Marketing Collateral Exclusive 11 part audio series on How to Market Home Care Services (over 10 hours of content) with 200 page workbook 1,000 Start-Up Brochures A Customized Website for Your Business Access to Comprehensive & General Liability Insurance Coverage Scheduling Software - included in first year's membership State Licensing Information |
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. | - |
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. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |