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Below is an in-depth analysis and side-by-side comparison of Caring Senior Service vs Golden Heart Senior Care 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 | $49,325 - $80,650 |
Franchise Fee | $41,500 | $39,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 2% | - |
Year Founded | 1991 | 2009 |
Year Franchised | 2002 | 2010 |
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 | Our training program is designed to get you into business quickly. We have a series of modules you will complete at home before you come to corporate for training. These modules cover establishing your business, hiring caregivers, training on our virtual office software system, and setting up your insurance policies. When you arrive at corporate, you will spend two days going through comprehensive marketing training. We focus on what is important to you, finding clients! |
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 | - |
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 | Franchise can be run from home. *20% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 25 - 30. *Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
In-home non-medical care is our core service offering. Our services are in demand and include: *Companion Care *Home Helper Services *Personal Care *Respite Care *Meal Preparation *Alzheimer's & Demntia *Housekeeping & Laundry *Medication Reminders *Sleep-Over Attendant Care *Bathing & Grooming *Incontinence Issues *Transport to Dr's Appointments *Personal Emergency Response *FREE Assisted Living Placement ...and so much more
We have extensive franchise development experience unparalleled in the senior care industry. We have unique proprietary marketing systems to help franchisees get clients. We offer multiple revenue streams from the same franchise! We are one of the few companies in the industry that offers Area Representative Franchises (Master Franchises) which provides for high quality support at the local level. We have prime territories available where many others are sold out. Our franchisees can operate from their home office and will utilize our custom virtual office software system. The entire business can be operated from a laptop computer anywhere in the world.
We offer single unit franchise, multi - unit franchises and Master Franchises. We have prime territories available but they are selling quickly.