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Below is an in-depth analysis and side-by-side comparison of Caring Senior Service vs Launch Homecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $110,099 - $176,016 | $14,997 - And Up |
Franchise Fee | $41,500 | $14,997 |
Royalty Fee | 5% | 499/month |
Advertising Fee | 2% | - |
Year Founded | 1991 | - |
Year Franchised | 2002 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Desire to make a difference in people's lives *Ambition to succeed *High standards for customer service *Be a self-starter and understand the importance of having a strong sales focus *Willingness to follow a proven system *Effective and efficient in time management and priority setting | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/- | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | Caring Senior Service provides initial training for up to 2 people. Training takes up to one week with additional time if needed. Training covers everything from marketing to high impact referral sources, recruitment and retention of Gold Level caregivers, and how to implement our GreatCareTM method. Classroom Training: 40 hours | *4 days of live training complete with, manuals, forms, and marketing materials. *Quickbooks training course by one of the leading financial trainers in the world. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | *A customized website designed for your new home care and assisted living placement company. We optimize it so you are ready to launch! *Dozens of human resources forms, client contract forms, and service documents are included in your start-up package. Literally every document you will ever need is available! *A custom logo, 1000 customized brochures & 2500 business cards designed and printed to get you started with a professional look. The digital files are yours to keep! *We have an exclusive relationship with Legalzoom providing all of our clients with discounts on setting up their corporation, LLC, or partnership. *After you’ve completed the start-up training, you won’t be on your own. Launch Homecare provides a monthly service pack that includes a combination of ongoing training, services and resources, and huge discounts on insurance and other products. (Also available to existing senior care companies) |
Marketing | o Marketing tools that stand out and are easy to implement o Shared market research that provides clear targets and reduces costly mistakes o Clearly defined marketing approach that builds trust o Individualized web site by location that helps connect and interact with referral sources, clients, families and caregivers o On-site sales training with your designated Franchise Business Consultant o Ongoing marketing tips with timely and relevant information Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 3 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
THIS IS NOT A FRANCHISE. THIS IS A BUSINESS OPPORTUNITY. Start a Senior Care Business in Your Area Using Our Start-Up Training Package! Launch Homecare combines the benefits of a typical franchise without the downsides. Our start-up training package includes 4 days of live training, manuals, forms, and marketing materials designed to give you the greatest foundation for success in starting your own senior care business. This requires an Initial Investment of $14,997 Monthly Service Pack After you have started or if you already have a senior care business in operation, our monthly service pack combines all of the technology, discounts, and services that you will need to succeed longterm. This requires a monthly service fee of $499/month.