Stay at Home vs The Haven Family Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Stay at Home vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Stay at Home Franchise
The Haven Family Care Franchise
Investment $43,900 - $65,900N/A
Franchise Fee N/A$15,000
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Stay at Home Franchise
The Haven Family Care Franchise
Experience --

Financing Options
 
Stay at Home Franchise
The Haven Family Care Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Stay at Home Franchise
The Haven Family Care Franchise
Training -

At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business!
Support -

Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity

Marketing --
Operations --

Expansion Plans
 
Stay at Home Franchise
The Haven Family Care Franchise
US Expansion -No
Canada Expansion --
International Expansion --

Company Overviews

About Stay at Home

Twenty-three years ago, the founders of Stay at Home helped pave the way in establishing the non-medical in-home care industry. Our knowledge comes from the practical hands-on experience of owning and operating successful companies in our industry. We combine in-depth knowledge and experience with world class business practices resulting in a unique opportunity for the "compassionate entrepreneur". The Stay at Home Advantage is
* An impressive array of back-office support tools ranging from online scheduling systems to telephone call scripts all designed to make it easy for franchisees to understand and apply our proven system.
* Comprehensive training program that includes 8 days of hands-on training including 5 days of interactive classroom instruction and 3 days of on-site support.
* QuickStart program designed to help new franchisees quickly understand the franchise system, achieve a fast start-up, and realize high productivity.
* Visual documentation of all key processes using our proprietary and easy-to-follow Stay at Home Learning Maps.
* Proprietary software developed to aid you in building strong referral networks, managing client care, and scheduling caregivers online.
* Proven marketing strategy providing an extensive array of marketing materials, advertisements, tools, and techniques designed to attract new clients and caregivers.
* Clear guidance on a wide range of support topics that address everything from personalized phone call scripts to online caregiver scheduling.
* A structured approach to staffing that allows you to build a base of competent, compassionate and dependable caregivers, an essential element in ensuring the success of your business.
* Prime territories based on your target customers, those who are sixty-five years and older - your potential customers!
Are You Ready to...
* Become a compassionate entrepreneur?
* Be your own boss and set your own course?
* Put your experience to work for yourself instead of for others?
* Work hard to create a lasting legacy you can be proud of?
* Build a business where you can do well for yourself while doing good for others?

If so, you may be ready to join the Stay at Home team!

About The Haven Family Care

The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.