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Below is an in-depth analysis and side-by-side comparison of Keepsake Companions vs In Home Personal Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $57,671 - $116,521 | $45,750 - $122,000 |
Franchise Fee | $33,721 | $25,000 - $32,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 2% | 1.5% |
Year Founded | 2009 | 2004 |
Year Franchised | 2012 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. | - |
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 | - | On-The-Job Training: 71 hours Classroom Training: 41 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | absentee or part time owner? NO | Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Husband and wife team, Kristen and Henri Chazaud, founded Keepsake Companions in 2009 to "improve lives, one household at a time." The start up costs of $33,721 includes systems, training and support in a number of areas that include: Office operations, hiring and scheduling. Pre-Opening guide, and trainings in San Diego and on site. A "Keepsake Coach" to guide you for the first three months. Daily operations manual and employee handbook.Keepsake Companion development and client care systems. "Culinary Companion" development. Marketing strategy, collateral materials and personal website.
Home Care is a high demand and very profitable industry many entrepreneurs should consider. Quality in-home care, privately paid for by the client, is now a vital part of the long-term care solution for millions because it provides seniors a choice where they want to be and how they want to live as they age. Tomorrow’s forecast? Gray. But for investors this means green. The Baby Boomers are hitting their 60s and 70s, and the need for home health care is going to spike, making it the perfect time to invest.
In Home Personal Services has a proven business model with virtually no overhead. Our model provides, fast, friendly, and recurring business opportunities in a protected territory so our franchisees enjoy the growth of their system from the very start.