|
Below is an in-depth analysis and side-by-side comparison of Executive Care vs Qualicare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $99,650 - $169,900 | $84,550 - $194,550 |
Franchise Fee | $44,900 | $49,700 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 2001 |
Year Franchised | 2012 | 2011 |
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. | Ideal Candidate: This business is about building relationships and following through on what you say you will do. Your contribution is leadership, integrity and a passion for being successful. If you're the type of person who knows they can make a real difference in people's lives, wants to become independently wealthy and has a strong management, marketing and sales background, Qualicare wants to talk to you! Here are some characteristics of Qualicare business owners: - Strong marketing and/or business management background - Medical background is NOT a requirement - Strong community involvement and a desire to give back - Able to build strong relationships - Entrepreneurial Spirit |
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. | The Best in Training: Qualicare has a 1 year program for your launch. It begins with 8 weeks of pre-opening, followed by training at our home offices, and then a 3 month quick start program right in your area. Our coaches will continue to work directly with you through our unique and comprehensive marketing program to ensure your success. |
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. | The Best in Support: We're committed to your success, which means being available to answer your questions. In addition, we'll follow-up with one-on-one coaching. Our coaches get involved in your territory, to help you realize the true benefits our business model offers. Nurse Managers � if you don't have your own, you can use ours! All care is Nurse Managed at Qualicare ensuring the highest possibly standards for even the most basic services. Our Nurse Managers are eager to assist you. |
Marketing | - | We support the efforts of our business owners with comprehensive on-line and face-to-face training. In addition, we offer regular coaching with one-on-one in-field mentoring that will help you be more effective, sooner. Qualicare's extensive library of marketing tools helps you customise an effective plan that you can easily execute yourself with expertise. |
Operations | - | Qualicare is committed to every business owner in our system. Our priority is to make you successful, so that you represent our quality brand in an exceptional way. Our owners demonstrate that same commitment, by being involved in the daily operations of their location and growing their business. |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |