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Below is an in-depth analysis and side-by-side comparison of Executive Care vs Premier Homecare Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,650 - $169,900 | $46,100 - $92,250 |
Franchise Fee | $44,900 | $38,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2004 | 2003 |
Year Franchised | 2012 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Optimistic Strong management and/or marketing sales backgrounds Readiness to learn and a passion to succeed. A minimum net worth of $200,000 to $300,000 and at least $100,000 liquid capital available for investment into the business Able to work long hours Not afraid of financial risks Supporting spouse and/or family Exceptional time-management skills and ability to multi-task Commitment to the mission, principles and guidelines of the Executive Care franchise system Commitment to your Executive Care business, your clients and your community If this describes you, and YOUR goals line-up with OUR goals, we want to begin a discussion with you. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Executive Care has developed a comprehensive one-week instructional and hands-on training program to guide new owners every step of the way as they move toward opening their own Executive Care business. The training takes place at our corporate offices in Hackensack, New Jersey. You will learn about the administrative and operational sides of the business and specific sales and marketing techniques for a home care franchise. You will also spend time with Executive Care operations managers, patient coordinators and home care marketers to learn and experience the inner-workings of a fully-functional home care agency. You will receive hands-on training in our computer software platform, which includes scheduling, billing and payroll functions, customer relationship management (CRM), and a proprietary intranet for easy communication between franchisees and Executive Care franchise team. | - |
Support | After opening of your own Executive Care business, we are committed to supporting you and your team to address any needs you may have regarding recruiting, networking, business planning, marketing and growth. Executive Support Program For the first 12 months of your operations, you'll be enrolled in the Executive Support Program. In this program, a support person will be assigned to you and will be dedicated to answering all of your questions as you develop and grow your new Executive Care business. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | - | Yes |
International Expansion | - | - |
Premier Homecare Services is a Canadian owned and operated company in one of the fastest growing and most rewarding industries today. We commit ourselves to providing superior homecare services for anyone needing assistance in our communities across Ontario.
Whether you are in search of the right homecare services for you or a loved one, a caregiver position in the field of homecare or if you are looking to own your own franchise, you have come to the right place. Here, you will find everything Premier has to offer. Learn why Premier Homecare Services is the right choice.