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Below is an in-depth analysis and side-by-side comparison of The Senior's Choice vs Qualicare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $45,000 - $65,000 | $84,550 - $194,550 |
Franchise Fee | $29,000 | $49,700 |
Royalty Fee | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) | 5% |
Advertising Fee | - | 1% |
Year Founded | 1999 | 2001 |
Year Franchised | 2007 | 2011 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No | 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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | The Senior's Choice provides extensive training and support to its members They receive 4 days of initial training where they learn all aspects of the business and the tools and resources that are available to them. After training, they enroll in a 90-day coaching program with our dedicated Trainer and Coach. In addition, support is available by phone and email during normal business hours. The Senior's Choice also hosts regularly scheduled regional "next-level" educational and networking events, as well as an annual conference. | 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 | - | 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 | 4 Primary Advantages:
1. We charge No Royalty Fees, just a flat monthly fee of $500 - This results in huge savings and much greater take-home earnings compared with their industry franchise competitors. 2. Franchises sign No Long-Term Contracts - Their membership with us is month to month and they can cancel at any time with 30 days notice. This requires management to provide exceptional value to its owners every day, or risk losing residual revenue due to canceled memberships. That said; our retention rate is impressively high. 3. Franchisees establish their Individual Brand Identity - Senior care is one industry where franchise brand recognition is less than 1%. Therefore, our owners have the advantage of developing their own unique brand identity and representing themselves as a locally owned/operated business - which clients prefer. 4. Franchisees are free to customize their business according to their wishes/needs - While we provide our Members/owners with complete operating systems, business framework and best-practices; they are free to customize their business according to their needs and desires. This enables them to adapt their business and services according to the unique demands of their local market and to take advantage of any revenue opportunities that they feel are beneficial to them. | 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 |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |