GoTelecare vs CoHatch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GoTelecare vs CoHatch including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$133,650 - $170,000 | $138,850 - $916,500 |
Franchise Fee |
$100,000 | $39,000 |
Royalty Fee |
0 | - |
Advertising Fee |
0 | - |
Year Founded |
2012 | 2017 |
Year Franchised |
2014 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About GoTelecare
GoTelecare is a leading provider of business and knowledge process
services in healthcare domains. We deliver proprietary technologies,
workflow and business processes to meet our clients’ expectations and
enhance their operational capabilities. With our understanding of the
healthcare industry and leading technological capabilities, we are
well-positioned to assist our clients financial growth.
In most medical billing franchises, the franchisee is required to enter claims and work collections on behalf of the client. At GoTelecare, once the client is contracted, we handle the transition, implementation, on-boarding, and continue to submit the claims and handle processing and collections on your behalf.
Key benefits for franchisees include:
Low initial franchise price compared to other franchise types
Franchisee office is company headquarters, with hours determined by franchisee
Ongoing, residual income from recurring patient consultations and billing services
Unmatched training, marketing materials & sales support provided by GoTelecare Sales prospect lead identification and virtual assistant support to help book sales meetings
About CoHatch
COhatch is a co-working, meeting, and lifestyle company with a mission
to Strengthen Communities and Improve Lives. We are built around the
way you live, rather than having to build your life around work. We're
located in the very communities from which our members reside (and you
can use them all!). Come to COhatch and discover your vocational
purpose - where your personal happiness and your community's needs meet.
The total investment necessary to begin operation of a COhatch
Franchised Business is $138,850 to $845,500. This includes $39,000 that
must be paid to the franchisor and its affiliate(s).
The total investment necessary to begin operation of a COhatch Area
Developer Franchise is $212,850 to $916,500. This includes between
$35,000 and $110,000 that must be paid to the franchisor and its
affiliates.