Executive Care vs Stay at Home Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Executive Care vs Stay at Home including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$99,650 - $169,900 | $43,900 - $65,900 |
Franchise Fee |
$44,900 | N/A |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
2004 | - |
Year Franchised |
2012 | - |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Executive Care
Starting a business on the right path is critical, and with the Executive Care Franchise Team on your side, we are confident you will be successful.
Recession-proof business in a growing market.
With population growth, demand for home care is greatly expanding and will continue to expand well into the 21st Century.
A successful and effective business model,
Executive Care's proven business model provides excellent opportunity to succeed. The model provides franchisees with a framework to meet customer needs, utilize key resources, and allow Executive Care to deliver exceptional customer value.
An individual approach to franchisee support
Executive Care provides each and every franchisee with proven systems, operations and procedures manuals, software technology platform, resources and support. Our goal is to help all franchisees deliver the best possible home care services to clients.
Executive Care provides its franchisees with a complete back-office support, including payroll processing, and billing of accounts. We take care of your back office so you can focus on marketing and sales!
An experienced and dedicated team
The Executive Care team is diversified in its knowledge, skills, and qualities but has a singular passion - you!
Large Protected Territories
Executive Care proprietary mapping and demographics software will help you find the best areas to set up and operate you home care business.
Low startup costs and royalties of 5% .
There is an initial franchise fee of $44,900 which grants you the license to run a business under the Executive Home Care name.
Executive Care Opportunity
An opportunity to make a difference in your community and build a successful and rewarding business.
Executive Care is committed to each and every franchisee so that you will be well-prepared to operate your own Executive Care home care business.
#454 in Franchise 500 for 2020.
About Stay at Home
Twenty-three years ago, the founders of Stay at Home helped pave the way in establishing the non-medical in-home care industry. Our knowledge comes from the practical hands-on experience of owning and operating successful companies in our industry. We combine in-depth knowledge and experience with world class business practices resulting in a unique opportunity for the "compassionate entrepreneur".
The Stay at Home Advantage is
* An impressive array of back-office support tools ranging from online scheduling systems to telephone call scripts all designed to make it easy for franchisees to understand and apply our proven system.
* Comprehensive training program that includes 8 days of hands-on training including 5 days of interactive classroom instruction and 3 days of on-site support.
* QuickStart program designed to help new franchisees quickly understand the franchise system, achieve a fast start-up, and realize high productivity.
* Visual documentation of all key processes using our proprietary and easy-to-follow Stay at Home Learning Maps.
* Proprietary software developed to aid you in building strong referral networks, managing client care, and scheduling caregivers online.
* Proven marketing strategy providing an extensive array of marketing materials, advertisements, tools, and techniques designed to attract new clients and caregivers.
* Clear guidance on a wide range of support topics that address everything from personalized phone call scripts to online caregiver scheduling.
* A structured approach to staffing that allows you to build a base of competent, compassionate and dependable caregivers, an essential element in ensuring the success of your business.
* Prime territories based on your target customers, those who are sixty-five years and older - your potential customers!
Are You Ready to...
* Become a compassionate entrepreneur?
* Be your own boss and set your own course?
* Put your experience to work for yourself instead of for others?
* Work hard to create a lasting legacy you can be proud of?
* Build a business where you can do well for yourself while doing good for others?
If so, you may be ready to join the Stay at Home team!