Mastercare vs IKOR Franchise Comparison

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

Start-Up Costs and Fees

  Mastercare IKOR
Investment 117800 - 215450 86450 - 138083
Franchise Fee
Royalty Fee 8%
Advertising Fee 1%
Year Founded 2012 2000
Year Franchised 0 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mastercare IKOR
Experience

Financing Options

  Mastercare IKOR
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Mastercare IKOR
Training Initial pre-start up training In house administrative training Classroom Training: 74 hours
Support Accounting Home Care Management Software systems Troubleshooting Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
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

  Mastercare 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 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
Mastercare
IKOR
Franchise Fee
Mastercare
IKOR
Royalty Fee
Mastercare
IKOR 8%
Advertising Fee
Mastercare
IKOR 1%
Year Founded
Mastercare 2012
IKOR 2000
Year Franchised
Mastercare 0
IKOR 2010
Term Of Agreement
Mastercare
IKOR 10 years +5+5+5
Renewal Fee
Mastercare
IKOR


Business Experience Requirements

Experience
Mastercare
IKOR

Financing Options

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

Training & Support

Training
Mastercare Initial pre-start up training In house administrative training
IKOR Classroom Training: 74 hours
Support
Mastercare Accounting Home Care Management Software systems Troubleshooting
IKOR Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
Marketing
Mastercare Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
IKOR
Operations
Mastercare
IKOR Number of Employees Required to Run: 2

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
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
Mastercare
IKOR
International Expansion
Mastercare
IKOR