Start-Up Costs and Fees |
||
| The Senior's Choice | Launch Homecare | |
| Investment | 45000 - 65000 | 14997 - 999999 |
| Franchise Fee | ||
| Royalty Fee | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) | 499/month |
| Advertising Fee | ||
| Year Founded | 1999 | 0 |
| Year Franchised | 2007 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Senior's Choice | Launch Homecare | |
| Experience | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No | |
Financing Options |
||
| The Senior's Choice | Launch Homecare | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Senior's Choice | Launch Homecare | |
| Training | The Senior's Choice provides extensive training and support to its members They receive 4 days of initial training where they learn all aspects of the business and the tools and resources that are available to them. After training, they enroll in a 90-day coaching program with our dedicated Trainer and Coach. In addition, support is available by phone and email during normal business hours. The Senior's Choice also hosts regularly scheduled regional "next-level" educational and networking events, as well as an annual conference. | *4 days of live training complete with, manuals, forms, and marketing materials. *Quickbooks training course by one of the leading financial trainers in the world. |
| Support | *A customized website designed for your new home care and assisted living placement company. We optimize it so you are ready to launch! *Dozens of human resources forms, client contract forms, and service documents are included in your start-up package. Literally every document you will ever need is available! *A custom logo, 1000 customized brochures & 2500 business cards designed and printed to get you started with a professional look. The digital files are yours to keep! *We have an exclusive relationship with Legalzoom providing all of our clients with discounts on setting up their corporation, LLC, or partnership. *After you ve completed the start-up training, you won t be on your own. Launch Homecare provides a monthly service pack that includes a combination of ongoing training, services and resources, and huge discounts on insurance and other products. (Also available to existing senior care companies) | |
| Marketing | ||
| Operations | 4 Primary Advantages: 1. We charge No Royalty Fees, just a flat monthly fee of $500 - This results in huge savings and much greater take-home earnings compared with their industry franchise competitors. 2. Franchises sign No Long-Term Contracts - Their membership with us is month to month and they can cancel at any time with 30 days notice. This requires management to provide exceptional value to its owners every day, or risk losing residual revenue due to canceled memberships. That said; our retention rate is impressively high. 3. Franchisees establish their Individual Brand Identity - Senior care is one industry where franchise brand recognition is less than 1%. Therefore, our owners have the advantage of developing their own unique brand identity and representing themselves as a locally owned/operated business - which clients prefer. 4. Franchisees are free to customize their business according to their wishes/needs - While we provide our Members/owners with complete operating systems, business framework and best-practices; they are free to customize their business according to their needs and desires. This enables them to adapt their business and services according to the unique demands of their local market and to take advantage of any revenue opportunities that they feel are beneficial to them. | |
Expansion Plans |
||
| The Senior's Choice | Launch Homecare | |
| 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 | |
| The Senior's Choice | |
| Launch Homecare | |
| Franchise Fee | |
| The Senior's Choice | |
| Launch Homecare | |
| Royalty Fee | |
| The Senior's Choice | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Launch Homecare | 499/month |
| Advertising Fee | |
| The Senior's Choice | |
| Launch Homecare | |
| Year Founded | |
| The Senior's Choice | 1999 |
| Launch Homecare | 0 |
| Year Franchised | |
| The Senior's Choice | 2007 |
| Launch Homecare | 0 |
| Term Of Agreement | |
| The Senior's Choice | 5 years |
| Launch Homecare | |
| Renewal Fee | |
| The Senior's Choice | |
| Launch Homecare | |
Business Experience Requirements |
|
| Experience | |
| The Senior's Choice | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No |
| Launch Homecare | |
Financing Options |
|
| Franchise Fees | |
| The Senior's Choice | No |
| Launch Homecare | No |
| Start-up Costs | |
| The Senior's Choice | |
| Launch Homecare | |
| Equipment | |
| The Senior's Choice} | |
| Launch Homecare | |
| Inventory | |
| The Senior's Choice | |
| Launch Homecare | |
| Receivables | |
| The Senior's Choice | |
| Launch Homecare | |
| Payroll | |
| The Senior's Choice | |
| Launch Homecare | |
Training & Support |
|
| Training | |
| The Senior's Choice | The Senior's Choice provides extensive training and support to its members They receive 4 days of initial training where they learn all aspects of the business and the tools and resources that are available to them. After training, they enroll in a 90-day coaching program with our dedicated Trainer and Coach. In addition, support is available by phone and email during normal business hours. The Senior's Choice also hosts regularly scheduled regional "next-level" educational and networking events, as well as an annual conference. |
| Launch Homecare | *4 days of live training complete with, manuals, forms, and marketing materials. *Quickbooks training course by one of the leading financial trainers in the world. |
| Support | |
| The Senior's Choice | |
| Launch Homecare | *A customized website designed for your new home care and assisted living placement company. We optimize it so you are ready to launch! *Dozens of human resources forms, client contract forms, and service documents are included in your start-up package. Literally every document you will ever need is available! *A custom logo, 1000 customized brochures & 2500 business cards designed and printed to get you started with a professional look. The digital files are yours to keep! *We have an exclusive relationship with Legalzoom providing all of our clients with discounts on setting up their corporation, LLC, or partnership. *After you ve completed the start-up training, you won t be on your own. Launch Homecare provides a monthly service pack that includes a combination of ongoing training, services and resources, and huge discounts on insurance and other products. (Also available to existing senior care companies) |
| Marketing | |
| The Senior's Choice | |
| Launch Homecare | |
| Operations | |
| The Senior's Choice | 4 Primary Advantages: 1. We charge No Royalty Fees, just a flat monthly fee of $500 - This results in huge savings and much greater take-home earnings compared with their industry franchise competitors. 2. Franchises sign No Long-Term Contracts - Their membership with us is month to month and they can cancel at any time with 30 days notice. This requires management to provide exceptional value to its owners every day, or risk losing residual revenue due to canceled memberships. That said; our retention rate is impressively high. 3. Franchisees establish their Individual Brand Identity - Senior care is one industry where franchise brand recognition is less than 1%. Therefore, our owners have the advantage of developing their own unique brand identity and representing themselves as a locally owned/operated business - which clients prefer. 4. Franchisees are free to customize their business according to their wishes/needs - While we provide our Members/owners with complete operating systems, business framework and best-practices; they are free to customize their business according to their needs and desires. This enables them to adapt their business and services according to the unique demands of their local market and to take advantage of any revenue opportunities that they feel are beneficial to them. |
| Launch Homecare | |
Expansion Plans |
|
| US Expansion | |
| The Senior's Choice | 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 |
| Launch Homecare | 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 | |
| The Senior's Choice | |
| Launch Homecare | |
| International Expansion | |
| The Senior's Choice | |
| Launch Homecare | |