Start-Up Costs and Fees |
||
| IKOR | Mastercare | |
| Investment | 86450 - 138083 | 117800 - 215450 |
| Franchise Fee | ||
| Royalty Fee | 8% | |
| Advertising Fee | 1% | |
| Year Founded | 2000 | 2012 |
| Year Franchised | 2010 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IKOR | Mastercare | |
| Experience | ||
Financing Options |
||
| IKOR | Mastercare | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| IKOR | Mastercare | |
| Training | Classroom Training: 74 hours | Initial pre-start up training In house administrative training |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Accounting Home Care Management Software systems Troubleshooting |
| Marketing | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support | |
| Operations | Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| IKOR | Mastercare | |
| 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 | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| IKOR | |
| Mastercare | |
| Franchise Fee | |
| IKOR | |
| Mastercare | |
| Royalty Fee | |
| IKOR | 8% |
| Mastercare | |
| Advertising Fee | |
| IKOR | 1% |
| Mastercare | |
| Year Founded | |
| IKOR | 2000 |
| Mastercare | 2012 |
| Year Franchised | |
| IKOR | 2010 |
| Mastercare | 0 |
| Term Of Agreement | |
| IKOR | 10 years +5+5+5 |
| Mastercare | |
| Renewal Fee | |
| IKOR | |
| Mastercare | |
Business Experience Requirements |
|
| Experience | |
| IKOR | |
| Mastercare | |
Financing Options |
|
| Franchise Fees | |
| IKOR | |
| Mastercare | |
| Start-up Costs | |
| IKOR | |
| Mastercare | |
| Equipment | |
| IKOR} | |
| Mastercare | |
| Inventory | |
| IKOR | |
| Mastercare | |
| Receivables | |
| IKOR | |
| Mastercare | |
| Payroll | |
| IKOR | |
| Mastercare | |
Training & Support |
|
| Training | |
| IKOR | Classroom Training: 74 hours |
| Mastercare | Initial pre-start up training In house administrative training |
| Support | |
| IKOR | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Mastercare | Accounting Home Care Management Software systems Troubleshooting |
| Marketing | |
| IKOR | |
| Mastercare | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Operations | |
| IKOR | Number of Employees Required to Run: 2 |
| Mastercare | |
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 |
| Mastercare | 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 | |
| IKOR | |
| Mastercare | |
| International Expansion | |
| IKOR | |
| Mastercare | |