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Updated RecentlyHome Care Assistance vs Aegin Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs Aegin Place 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 | $46,300 - $84,500 |
| Franchise Fee | $55,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | - |
| Year Franchised | 2004 | - |
| 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 | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | 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 |
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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 Aegin Place
Welcome to Aegin Place!
Assisted Living In Your Own Home
For many older adults, the greatest desire they have is to remain in their own home for as long as possible as age advances. If a live-in companion service is affordable and comparable to assisted living options, most older adults opt for a live-in companion relationship. Aegin Place has emerged as an agency that matches qualified companions with older adults for long term home assignments at an affordable price. Our insured live-in companions can assist older adults in maintaining a self-sufficient status in their own home.
The goal of the program is to facilitate older adults with daily activities on a live-in basis as an alternative to an assisted living center, boarding home or nursing home placement.
Hourly care is available upon request.
The Benefits and Safeguards of Our Services
Aegin Place has been providing live-in companion services for over 3 years. We have extensive background in case management. When you use Aegin Place you can be assured of the following:
- Care coordination is an integral part of any companion placement.
- Before we place a live-in companion a free assessment helps determine the suitability of a home companion placement.
- Extensive companion background checks occur before any placement occurs.
- Companions are placed on live-in and hourly basis only.
- Franchises are required to have liability insurance.
- Our live-in companions are screened extensively and the company has liability insurance.
- Weekly reporting is required by all live-in companions.
- Ongoing case management occurs throughout the placement by a registered nurse.