Executive Care vs The Haven Family Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Executive Care vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Executive Care Franchise
The Haven Family Care Franchise
Investment $99,650 - $169,900N/A
Franchise Fee $44,900$15,000
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

Executive Care Franchise
The Haven Family Care Franchise
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

Executive Care Franchise
The Haven Family Care Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

Executive Care Franchise
The Haven Family Care Franchise
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.

At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business!

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.

Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity

Marketing --
Operations --

Expansion Plans

Executive Care Franchise
The Haven Family Care Franchise
US Expansion YesNo
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 The Haven Family Care

The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.