Start-Up Costs and Fees |
||
| Mastercare | Golden Heart Senior Care | |
| Investment | 117800 - 215450 | 49325 - 80650 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2012 | 2009 |
| Year Franchised | 0 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mastercare | Golden Heart Senior Care | |
| Experience | ||
Financing Options |
||
| Mastercare | Golden Heart Senior Care | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Mastercare | Golden Heart Senior Care | |
| Training | Initial pre-start up training In house administrative training | Our training program is designed to get you into business quickly. We have a series of modules you will complete at home before you come to corporate for training. These modules cover establishing your business, hiring caregivers, training on our virtual office software system, and setting up your insurance policies. When you arrive at corporate, you will spend two days going through comprehensive marketing training. We focus on what is important to you, finding clients! |
| Support | 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 | Franchise can be run from home. *20% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 25 - 30. *Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Mastercare | Golden Heart Senior 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 | Hawaii, Maine, Maryland, New York, Virginia, Washington |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mastercare | |
| Golden Heart Senior Care | |
| Franchise Fee | |
| Mastercare | |
| Golden Heart Senior Care | |
| Royalty Fee | |
| Mastercare | |
| Golden Heart Senior Care | 6% |
| Advertising Fee | |
| Mastercare | |
| Golden Heart Senior Care | |
| Year Founded | |
| Mastercare | 2012 |
| Golden Heart Senior Care | 2009 |
| Year Franchised | |
| Mastercare | 0 |
| Golden Heart Senior Care | 2010 |
| Term Of Agreement | |
| Mastercare | |
| Golden Heart Senior Care | |
| Renewal Fee | |
| Mastercare | |
| Golden Heart Senior Care | |
Business Experience Requirements |
|
| Experience | |
| Mastercare | |
| Golden Heart Senior Care | |
Financing Options |
|
| Franchise Fees | |
| Mastercare | |
| Golden Heart Senior Care | |
| Start-up Costs | |
| Mastercare | |
| Golden Heart Senior Care | |
| Equipment | |
| Mastercare} | |
| Golden Heart Senior Care | |
| Inventory | |
| Mastercare | |
| Golden Heart Senior Care | |
| Receivables | |
| Mastercare | |
| Golden Heart Senior Care | |
| Payroll | |
| Mastercare | |
| Golden Heart Senior Care | |
Training & Support |
|
| Training | |
| Mastercare | Initial pre-start up training In house administrative training |
| Golden Heart Senior Care | Our training program is designed to get you into business quickly. We have a series of modules you will complete at home before you come to corporate for training. These modules cover establishing your business, hiring caregivers, training on our virtual office software system, and setting up your insurance policies. When you arrive at corporate, you will spend two days going through comprehensive marketing training. We focus on what is important to you, finding clients! |
| Support | |
| Mastercare | Accounting Home Care Management Software systems Troubleshooting |
| Golden Heart Senior Care | |
| Marketing | |
| Mastercare | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Golden Heart Senior Care | |
| Operations | |
| Mastercare | |
| Golden Heart Senior Care | Franchise can be run from home. *20% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 25 - 30. *Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators). |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Golden Heart Senior Care | Hawaii, Maine, Maryland, New York, Virginia, Washington |
| Canada Expansion | |
| Mastercare | |
| Golden Heart Senior Care | |
| International Expansion | |
| Mastercare | |
| Golden Heart Senior Care | |