Start-Up Costs and Fees |
||
| CareMinders | Executive Care | |
| Investment | 138100 - 199000 | 99650 - 169900 |
| Franchise Fee | ||
| Royalty Fee | 3.75%-5% | 5% |
| Advertising Fee | ||
| Year Founded | 2004 | 2004 |
| Year Franchised | 2004 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| CareMinders | Executive Care | |
| Experience | Optimistic Strong management and/or marketing sales backgrounds Readiness to learn and a passion to succeed. A minimum net worth of $200,000 to $300,000 and at least $100,000 liquid capital available for investment into the business Able to work long hours Not afraid of financial risks Supporting spouse and/or family Exceptional time-management skills and ability to multi-task Commitment to the mission, principles and guidelines of the Executive Care franchise system Commitment to your Executive Care business, your clients and your community If this describes you, and YOUR goals line-up with OUR goals, we want to begin a discussion with you. | |
Financing Options |
||
| CareMinders | Executive Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| CareMinders | Executive Care | |
| Training | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. | Executive Care has developed a comprehensive one-week instructional and hands-on training program to guide new owners every step of the way as they move toward opening their own Executive Care business. The training takes place at our corporate offices in Hackensack, New Jersey. You will learn about the administrative and operational sides of the business and specific sales and marketing techniques for a home care franchise. You will also spend time with Executive Care operations managers, patient coordinators and home care marketers to learn and experience the inner-workings of a fully-functional home care agency. You will receive hands-on training in our computer software platform, which includes scheduling, billing and payroll functions, customer relationship management (CRM), and a proprietary intranet for easy communication between franchisees and Executive Care franchise team. |
| Support | We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. | After opening of your own Executive Care business, we are committed to supporting you and your team to address any needs you may have regarding recruiting, networking, business planning, marketing and growth. Executive Support Program For the first 12 months of your operations, you'll be enrolled in the Executive Support Program. In this program, a support person will be assigned to you and will be dedicated to answering all of your questions as you develop and grow your new Executive Care business. |
| Marketing | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. | |
| Operations | ||
Expansion Plans |
||
| CareMinders | Executive Care | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| CareMinders | |
| Executive Care | |
| Franchise Fee | |
| CareMinders | |
| Executive Care | |
| Royalty Fee | |
| CareMinders | 3.75%-5% |
| Executive Care | 5% |
| Advertising Fee | |
| CareMinders | |
| Executive Care | |
| Year Founded | |
| CareMinders | 2004 |
| Executive Care | 2004 |
| Year Franchised | |
| CareMinders | 2004 |
| Executive Care | 2012 |
| Term Of Agreement | |
| CareMinders | 10 years |
| Executive Care | 10 years |
| Renewal Fee | |
| CareMinders | $2,500 |
| Executive Care | |
Business Experience Requirements |
|
| Experience | |
| CareMinders | |
| Executive Care | Optimistic Strong management and/or marketing sales backgrounds Readiness to learn and a passion to succeed. A minimum net worth of $200,000 to $300,000 and at least $100,000 liquid capital available for investment into the business Able to work long hours Not afraid of financial risks Supporting spouse and/or family Exceptional time-management skills and ability to multi-task Commitment to the mission, principles and guidelines of the Executive Care franchise system Commitment to your Executive Care business, your clients and your community If this describes you, and YOUR goals line-up with OUR goals, we want to begin a discussion with you. |
Financing Options |
|
| Franchise Fees | |
| CareMinders | No |
| Executive Care | No |
| Start-up Costs | |
| CareMinders | |
| Executive Care | |
| Equipment | |
| CareMinders} | |
| Executive Care | |
| Inventory | |
| CareMinders | |
| Executive Care | |
| Receivables | |
| CareMinders | |
| Executive Care | |
| Payroll | |
| CareMinders | |
| Executive Care | |
Training & Support |
|
| Training | |
| CareMinders | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. |
| Executive Care | Executive Care has developed a comprehensive one-week instructional and hands-on training program to guide new owners every step of the way as they move toward opening their own Executive Care business. The training takes place at our corporate offices in Hackensack, New Jersey. You will learn about the administrative and operational sides of the business and specific sales and marketing techniques for a home care franchise. You will also spend time with Executive Care operations managers, patient coordinators and home care marketers to learn and experience the inner-workings of a fully-functional home care agency. You will receive hands-on training in our computer software platform, which includes scheduling, billing and payroll functions, customer relationship management (CRM), and a proprietary intranet for easy communication between franchisees and Executive Care franchise team. |
| Support | |
| CareMinders | We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. |
| Executive Care | After opening of your own Executive Care business, we are committed to supporting you and your team to address any needs you may have regarding recruiting, networking, business planning, marketing and growth. Executive Support Program For the first 12 months of your operations, you'll be enrolled in the Executive Support Program. In this program, a support person will be assigned to you and will be dedicated to answering all of your questions as you develop and grow your new Executive Care business. |
| Marketing | |
| CareMinders | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. |
| Executive Care | |
| Operations | |
| CareMinders | |
| Executive Care | |
Expansion Plans |
|
| US Expansion | |
| CareMinders | |
| Executive Care | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| CareMinders | 0 |
| Executive Care | |
| International Expansion | |
| CareMinders | |
| Executive Care | |