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Updated RecentlyHome Care Assistance vs Launch Homecare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs Launch Homecare 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 | $14,997 - And Up |
| Franchise Fee | $55,000 | $14,997 |
| Royalty Fee | 5% | 499/month |
| 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 | *4 days of live training complete with, manuals, forms, and marketing materials. *Quickbooks training course by one of the leading financial trainers in the world. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | *A customized website designed for your new home care and assisted living placement company. We optimize it so you are ready to launch! *Dozens of human resources forms, client contract forms, and service documents are included in your start-up package. Literally every document you will ever need is available! *A custom logo, 1000 customized brochures & 2500 business cards designed and printed to get you started with a professional look. The digital files are yours to keep! *We have an exclusive relationship with Legalzoom providing all of our clients with discounts on setting up their corporation, LLC, or partnership. *After you’ve completed the start-up training, you won’t be on your own. Launch Homecare provides a monthly service pack that includes a combination of ongoing training, services and resources, and huge discounts on insurance and other products. (Also available to existing senior care companies) |
| 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 | 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")
Veteran Incentives 10% off franchise fee
About Launch Homecare
THIS IS NOT A FRANCHISE. THIS IS A BUSINESS OPPORTUNITY. Start a Senior Care Business in Your Area Using Our Start-Up Training Package! Launch Homecare combines the benefits of a typical franchise without the downsides. Our start-up training package includes 4 days of live training, manuals, forms, and marketing materials designed to give you the greatest foundation for success in starting your own senior care business. This requires an Initial Investment of $14,997 Monthly Service Pack After you have started or if you already have a senior care business in operation, our monthly service pack combines all of the technology, discounts, and services that you will need to succeed longterm. This requires a monthly service fee of $499/month.