Home Care Assistance vs My Elder Advocate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs My Elder Advocate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Home Care Assistance Franchise
My Elder Advocate Franchise
Investment $86,000 - $245,250$72,250 - $118,600
Franchise Fee $55,000$59,500
Royalty Fee 5%8%
Advertising Fee --
Year Founded 20032008
Year Franchised 20042014
Term Of Agreement --
Term Of Agreement --
Renewal Fee 10% of franchise fee-


Business Experience Requirements
 
Home Care Assistance Franchise
My Elder Advocate Franchise
Experience --

Financing Options
 
Home Care Assistance Franchise
My Elder Advocate Franchise
  In-House/3rd PartyIn-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
 
Home Care Assistance Franchise
My Elder Advocate Franchise
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
 
Home Care Assistance Franchise
My Elder Advocate Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Home Care Assistance

"Home


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 My Elder Advocate

My Elder Advocate Is The Only Overarching Elder Advocacy Franchise In The United States My Elder Advocate was founded in 2008 to provide peace of mind to clients and their families. Our commitment to protecting the rights and dignity of elders has earned us a reputation as an uncompromising elder advocate. CEO Jack Halpern founded the business with 41 years of experience in the elder care industry. Joined by his wife and COO, Claudine Halpern they have filled a huge gap in the elder care industry and systematized an approach to tackling elder care rights and issues. If you are passionate about helping families and elders in crisis, and you are looking for a home-based franchise that you can quickly expand, take the next step and learn more about our franchise. If you are ready to learn . . . . we are ready to share everything we know about this expanding industry.