Nurse Next Door vs LivHOME Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nurse Next Door vs LivHOME including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Nurse Next Door Franchise
LivHOME Franchise
Investment $105,100 - $199,300$95,000 - $150,000
Franchise Fee $55,000$40,000
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 20011999
Year Franchised 20072010
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Nurse Next Door Franchise
LivHOME Franchise
Experience --

Financing Options

 
Nurse Next Door Franchise
LivHOME Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Nurse Next Door Franchise
LivHOME Franchise
Training 1 week plus ongoing support*Two-week intensive training at LivHOME corporate headquarters *Specialized training for conditions such as dementia *Marketing and PR training
Support We are fanatical about our support When we launched our franchise system, we researched every great franchise company. We mapped out the ultimate support model based on our findings. Many competitors are woefully lacking in this area. Even the ones that are good at training often leave their franchisees alone once it's complete. We also knew you couldn't learn this business in a 1-week training program. As a result, we developed our intensive business-coaching program. When you join our family, you are assigned a coach. Your coach will walk you through the start up process step-by-step as you grow the business from start up to fully-operational. Once you have been operational for 1 year, the relationship evolves into more of an analysis of specific functions. Your call (now every 2 weeks) will delve into aspects of your business to help you get better. * Marketing assessment of your territory * Strategic planning and guidance in key operational areas * Do-It-Yourself PR manual so you can drive awareness and attract potential clients * Ongoing field visits and strategic support * Proprietary computer system for back-office functions * Established Caregiver recruitment and retention programs * Deep research on professional groups * Top-notch sales collateral * Advertising support * Vast library of educational content you can use for marketing (podcast, blog, news stories, etc.)
Marketing --
Operations --

Expansion Plans

 
Nurse Next Door Franchise
LivHOME Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Nurse Next Door

Culture is our secret weapon. This is where we really stand out. Named a top employer both locally and nationally - we get the people business. You will not find another health care organization like us. Our culture has made us a brand to be reckoned with. Culture is why we are becoming famous for our legendary customer service. Having a top culture will help you attract talent - because people will love working for you - and clients as a result. We make it easy Running a homecare business is challenging. It's highly administrative with a lot of employees who change schedules daily, servicing clients whose schedules and needs also change daily. And this happens 7 days a week. It's no wonder so many home care business owners burn out before they can achieve maximum success. We handle the scheduling needs for you 24/7.
You can rest your head on your pillow at night and not worry about the phone ringing. You don't have to spend your weekends scheduling - we want you rested so that you hit Monday morning fresh. You'll be able to focus on building your business, not maintaining it. We are the ONLY company in the world that provides this service to their franchise partners.
 Meet your Franchise Support Team:
 * The Start Up Specialist - To help you through the first year of operations
 * The "Grow Right, Grow Fast" Coach - To help the more seasoned partners transition from start up to building a more strategic business
 * The Business Intelligence Coach - To help you focus on the metrics and financial performance of your business when you need it. (AKA the "help you make more money" coach)
 * The PR professional - Dedicated to help you (and the brand) land media opportunities in print, radio, television and online
 * The Analytics Team - To analyze your business performance and help you through key decisions as you scale your business
 * The "Accelerate" Business Coach - For when you need that extra push and in-depth strategy to get you through a challenging cycle
 This doesn't even include our founders and the support they will provide -try finding a company our size that does that!

 Testimonial " Being a part of Nurse Next Door has been so great for both of us. The culture of Nurse Next Door is contagious, and our core values are so easy to live in our business and our everyday life. Owning this business has allowed us to both do what we love and still have an exceptional work-life balance."
 -Todd and Amanda Carwell, Edmonton, AB

 Interested parties should have at least $100K to invest.

Veteran Incentives  10% off franchise fee
#206 in Franchise 500 for 2020.

About LivHOME

Become a LivHOME Franchisee Build a better life for yourself - and the seniors you will serve Opportunity LivHOME, one of the nation's largest professionally led home care providers for seniors, began offering franchises to qualified applicants and has great territories available in highly desirable locations. Because of LivHOME's professionally led model, which focuses on providing quality care overseen by highly trained Geriatric Care Managers, LivHOME competes on value, not price. Growth Potential Growing Industry: The US senior population is forecast to nearly double to 70 million by 2030, which is expected to result in consistently increasing demand for LivHOME services. The industry is poised for strong growth, and franchise owners can best take advantage of this by working with the most reputable provider that can provide real support for both obtaining leads and building a premier referral base for long-term success. Obtaining Leads: LivHOME's well-developed marketing program works to drive leads and builds credibility across all of our markets.
Programs in support of franchise owners include:
LivHOME's state-of-the-art website, which draws thousands of new visitors each month;
A PR program, which has won the company coverage in publications including The Wall Street Journal, New York Times, The Remington Report, CARING and Advance magazine; and The Senior Care Podcast by LivHOME, a web-based audio show that targets seniors, their family members, professional referrers and others in the industry.
Building a Sales Base: Long-term success does not come from one-time leads, but from strategically developed relationships with premier referring professionals in local communities. LivHOME has developed a highly effective sales program built upon knowing how to reach these professionals, how to sell to them, and how to develop long-term growth from this strong base. More than 10,000 professionals have referred clients to LivHOME.
LivHOME has been named to the Inc. 5000 list of fastest growing private companies for FOUR consecutive years!' For more information, visit www.livhomefranchise.com