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Updated RecentlyAmeriCare Homecare vs Mastercare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of AmeriCare Homecare vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $117,800 - $215,450 |
| Franchise Fee | N/A | $28,000 - $37,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2012 |
| Year Franchised | - | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | We begin training before training begins. Before you even attend classes, we start working with you to answer questions, walk you through materials and assist you in the licensing process. When you arrive for formal training, you're better able to benefit from the interactive and role-playing exercises. This hands-on experience offers much more than any lecture ever could. We even help you build your business during training sessions by making sales calls with you and assisting you in setting up appointments. The last thing we want to do is send you back home with a stack of manuals and little applicable understanding. Training doesn't end when you return home. Our post training makes sure that the learning continues, with weekly conference calls, continuing education and support in your market. No one else offers this level of connectivity because only AmeriCare's Master Franchise Program provides you with an Area Developer to mentor you towards growth. | Initial pre-start up training In house administrative training |
| Support | - | Accounting Home Care Management Software systems Troubleshooting |
| Marketing | - | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About AmeriCare Homecare
Would you rather own a caretaking company or a caregiving company?
The caretaker mindset is preoccupied with profits, often at the expense of developing the people and resources needed for long-term growth. Caretakers view their own time, energy and emotional commitment as costs rather than investments. When they minimize these things, the company culture and morale reflect this, not to mention the patient experience.
Owning a caregiving company is different.
The owner of a caregiving company understands that profits should be measured over time and that a flexible, supportive work environment is a good investment. When you take better care of your workers, they take better care of your customers. Our practices are carefully developed to deliver a superior service backed by superior resources and knowledge of the market. In other words, we position you to capitalize on an industry that is experiencing explosive growth.
Homecare is virtually recession-proof.
As more and more children trade roles with their aging parents, they encounter more and more demands on their already-loaded schedules. Added to the demands of career, spouses and children, caring for a special needs person can easily become overwhelming.
Many of our franchisees have had to face this themselves. That's why AmeriCare was so appealing to them. They see the need and have empathy. They see the potential and have vision.
Our clients can work one-on-one with their caregiver to create a
personalized care plan. We do not implement limitations on caregivers.
It is up to the client and the caregiver to establish the proper
non-medical caregiving service plan.
About Mastercare
!["Mastercare]("https://fddexchange.com/wp-content/uploads/2020/10/Mastercare-300x99.png")
.Mastercare intends
for our franchisees to get the biggest bang for their buck in regards to
the territory you are purchasing.
You are opening your franchise to not
only help people in your local community, but also to ensure you are
able to make a living.
Mastercare
Franchise territories will service a population of approximately 75,000
to 250,000 people. For the initial Franchise Fee of $37,000 *,
your territory is designed by zip codes, political or geographical
boundaries. Your territory is PROTECTED, meaning that Mastercare will
not sell another franchise within that defined territory throughout the
life of your contract. We will help you evaluate the demographics of the
area you are considering for your territory based on the geographic
location, population, and isolation, etc.
Mastercare
also understands that small, rural towns need just as much Homecare
(and Healthcare) support as urban areas. Because of geographical
barriers, owning a franchise in a rural area may not allow for as large
of a client base. To encourage services in rural and underserved
populations, Mastercare offers smaller territories, populations between
10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.
Royalties under your Franchise Agreement are among the lowest in the industry. The Mastercare franchise royalty fee structure follows a descending scale based on gross revenues.
The franchise is not a home-based business and must be operated from a commercial office location.