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Updated RecentlyPreferred HealthStaff vs FamilyIQ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Preferred HealthStaff vs FamilyIQ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $62,120 - $94,661 | $179 - $1,495 |
| Franchise Fee | $35,000 | $179 - $1,495 |
| Royalty Fee | 5% | 0 |
| Advertising Fee | 1% | 0 |
| Year Founded | 2009 | 2001 |
| Year Franchised | 2014 | 2001 |
| Term Of Agreement | 5 years +5 +5 +5 | - |
| Term Of Agreement | 5 years +5 +5 +5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond” on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business. | - |
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 | You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues. | - |
| Support | A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. | - |
| Marketing | - | |
| Operations | We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Preferred HealthStaff
- Veteran Incentives 20% off franchise fee
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About FamilyIQ
FamilyIQ began twenty years ago by offering state-of-the-art family skill building tools to treatment programs and therapists who wanted to improve family relationships. Over the last 2 decades, FamilyIQ has provided its content, tools and technology available to not only the therapeutic community, but also to large employers and wellness programs who likewise are dedicated to improving families. Today, after thousands have requested it our unique and proprietary content is now available directly to the public… to you. The FamilyIQ system consists of proprietary tools and technology that empowers parents and families to make dramatic and rewarding improvements while having fun together. We get our name from our nationally acclaimed assessment known as the FamilyIQ Test. This assessment measures nine key components of family functioning and provides you with a customized step-by-step plan to learn and build skills that will strengthen your family. Some of our tools are online courses, tests, articles, activity sheets, audio lectures, seminars, workshops, and the list goes on. We like to say, "It’s the manual for raising a family that you never received!”