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Updated RecentlyGEM Health Care vs IKOR Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GEM Health Care vs IKOR including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $79,500 - $109,500 | $86,450 - $138,083 |
| Franchise Fee | $45,000 - $55,000 | $37,500 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1994 | 2000 |
| Year Franchised | 2006 | 2010 |
| Term Of Agreement | - | 10 years +5+5+5 |
| Term Of Agreement | - | 10 years +5+5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Classroom Training: 74 hours |
| Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | - | - |
| Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About GEM Health Care
Contact us to learn all about opening your own health care services franchise.
GEM franchises offer homecare and staff relief services 24 hours a day / 7 days a week basis.
About IKOR
A Unique and Rewarding Opportunity in the Senior and Disabled Professional Services Sector
IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psycho-social and financial life plans.
With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.
IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a
positive impact on the lives of individuals and families in their communities.
Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual.
The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children.
If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us! Take the next step toward being your community's solution for the issues of seniors and the disabled.
IKOR has identified the need, and developed the solution to address the specific medical, financial and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options and programs all become yours when you join IKOR!
What we seek in return is your dedication to providing services and intervention focused solely on the client.
We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture in so many ways. Contact us today to find out more
about the IKOR franchise program and begin your journey toward discovering if IKOR is right for you.