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Updated RecentlyHome Care Assistance vs Touching Hearts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance 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 | $86,000 - $245,250 | $48,900 - $75,600 |
| Franchise Fee | $55,000 | $39,500 |
| Royalty Fee | 5% | 3%-5% |
| Advertising Fee | - | - |
| Year Founded | 2003 | 1996 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 10% of franchise 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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences | Classroom Training: 32 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Ad Templates Social media SEO Website development |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
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.
Veteran Incentives 10% off franchise fee
About Touching Hearts
Non-medical, in-home senior care and companion services for the elderly and people with disabilities. Home care services include transportation, meal preparation, light housekeeping, and more.
Training & Support:
Week-long, extensive training program by a franchising expert in the senior homecare industry. On-going support includes on-site, online, seminars, regional conferences, and more.
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
#42 in Gator's Top franchises.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}