IKOR vs CareMinders Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  IKOR CareMinders
Experience

Financing Options

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

Training & Support

  IKOR CareMinders
Training Classroom Training: 74 hours Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough.
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform 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.
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

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


Business Experience Requirements

Experience
IKOR
CareMinders

Financing Options

 
Franchise Fees
IKOR
CareMinders
Start-up Costs
IKOR
CareMinders
Equipment
IKOR}
CareMinders
Inventory
IKOR
CareMinders
Receivables
IKOR
CareMinders
Payroll
IKOR
CareMinders

Training & Support

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

Expansion Plans

US Expansion
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
CareMinders
Canada Expansion
IKOR
CareMinders 0
International Expansion
IKOR
CareMinders