CareMinders vs IKOR Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CareMinders vs IKOR including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  CareMinders IKOR
Investment 138100 - 199000 86450 - 138083
Franchise Fee
Royalty Fee 3.75%-5% 8%
Advertising Fee 1%
Year Founded 2004 2000
Year Franchised 2004 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  CareMinders IKOR
Experience

Financing Options

  CareMinders IKOR
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  CareMinders IKOR
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. Classroom Training: 74 hours
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. Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
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 Number of Employees Required to Run: 2

Expansion Plans

  CareMinders IKOR
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
IKOR
Franchise Fee
CareMinders
IKOR
Royalty Fee
CareMinders 3.75%-5%
IKOR 8%
Advertising Fee
CareMinders
IKOR 1%
Year Founded
CareMinders 2004
IKOR 2000
Year Franchised
CareMinders 2004
IKOR 2010
Term Of Agreement
CareMinders 10 years
IKOR 10 years +5+5+5
Renewal Fee
CareMinders $2,500
IKOR


Business Experience Requirements

Experience
CareMinders
IKOR

Financing Options

 
Franchise Fees
CareMinders No
IKOR No
Start-up Costs
CareMinders
IKOR
Equipment
CareMinders}
IKOR
Inventory
CareMinders
IKOR
Receivables
CareMinders
IKOR
Payroll
CareMinders
IKOR

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.
IKOR Classroom Training: 74 hours
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.
IKOR Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
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.
IKOR
Operations
CareMinders
IKOR Number of Employees Required to Run: 2

Expansion Plans

US Expansion
CareMinders
IKOR 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
IKOR
International Expansion
CareMinders
IKOR