Start-Up Costs and Fees |
||
| The Senior's Choice | Right at Home | |
| Investment | 45000 - 65000 | 80150 - 147150 |
| Franchise Fee | ||
| Royalty Fee | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1999 | 1995 |
| Year Franchised | 2007 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Senior's Choice | Right at Home | |
| Experience | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No | General business experience |
Financing Options |
||
| The Senior's Choice | Right at Home | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Senior's Choice | Right at Home | |
| 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. | Two full weeks of training at our corporate office in Omaha, Nebraska. You'll learn about the administrative and operational sides of the business during this time, as well as specific sales and marketing techniques for a home health care franchise. You'll also receive detailed computer software instruction on our communication and invoicing systems. After your senior care franchise opens, we'll provide on-site guidance to help you establish successful daily routines to help grow and maintain your business. |
| Support | *Recruitment and selection systems that help you hire friendly, trustworthy caregivers *Training through Right at Home University, our free, proprietary, Web-based education program *Care Rewards, our extensive incentive and reward programs, keep your staff happy and motivated Ongoing Support At every stage of development for your home care franchise, you'll have access to a team of experienced specialists that will help guide you through any situation. In a recent survey, Right at Home franchisees rated our overall knowledge of their business and support needs a 4 out of 5. | |
| Marketing | Ad slicks | |
| 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. | Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| The Senior's Choice | Right at Home | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Senior's Choice | |
| Right at Home | |
| Franchise Fee | |
| The Senior's Choice | |
| Right at Home | |
| Royalty Fee | |
| The Senior's Choice | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Right at Home | 5% |
| Advertising Fee | |
| The Senior's Choice | |
| Right at Home | 2% |
| Year Founded | |
| The Senior's Choice | 1999 |
| Right at Home | 1995 |
| Year Franchised | |
| The Senior's Choice | 2007 |
| Right at Home | 2000 |
| Term Of Agreement | |
| The Senior's Choice | 5 years |
| Right at Home | 10 years |
| Renewal Fee | |
| The Senior's Choice | |
| Right at Home | |
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 |
| Right at Home | General business experience |
Financing Options |
|
| Franchise Fees | |
| The Senior's Choice | No |
| Right at Home | No |
| Start-up Costs | |
| The Senior's Choice | |
| Right at Home | |
| Equipment | |
| The Senior's Choice} | |
| Right at Home | |
| Inventory | |
| The Senior's Choice | |
| Right at Home | |
| Receivables | |
| The Senior's Choice | |
| Right at Home | |
| Payroll | |
| The Senior's Choice | |
| Right at Home | |
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. |
| Right at Home | Two full weeks of training at our corporate office in Omaha, Nebraska. You'll learn about the administrative and operational sides of the business during this time, as well as specific sales and marketing techniques for a home health care franchise. You'll also receive detailed computer software instruction on our communication and invoicing systems. After your senior care franchise opens, we'll provide on-site guidance to help you establish successful daily routines to help grow and maintain your business. |
| Support | |
| The Senior's Choice | |
| Right at Home | *Recruitment and selection systems that help you hire friendly, trustworthy caregivers *Training through Right at Home University, our free, proprietary, Web-based education program *Care Rewards, our extensive incentive and reward programs, keep your staff happy and motivated Ongoing Support At every stage of development for your home care franchise, you'll have access to a team of experienced specialists that will help guide you through any situation. In a recent survey, Right at Home franchisees rated our overall knowledge of their business and support needs a 4 out of 5. |
| Marketing | |
| The Senior's Choice | |
| Right at Home | Ad slicks |
| 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. |
| Right at Home | Absentee ownership of franchise is NOT allowed. |
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 |
| Right at Home | 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 | |
| Right at Home | 0 |
| International Expansion | |
| The Senior's Choice | |
| Right at Home | |