Start-Up Costs and Fees |
||
| Angel Companions | The Senior's Choice | |
| Investment | 55750 - 81950 | 45000 - 65000 |
| Franchise Fee | ||
| Royalty Fee | 5% graduated down to 3% | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Advertising Fee | N/A | |
| Year Founded | 2004 | 1999 |
| Year Franchised | 2010 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Angel Companions | The Senior's Choice | |
| Experience | Medical experience is not required. A successful franchisee will have strong work ethics, possess a vision for their lives, have a willingness to learn, and a drive to succeed. People with demonstrated success in interacting with others and a desire to serve the community by making a difference in people's lives are a good fit for this business. | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No |
Financing Options |
||
| Angel Companions | The Senior's Choice | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Angel Companions | The Senior's Choice | |
| Training | Up to 3 individuals will attend a 40 hour training program at the corporate offices prior to the opening of your business. Six different instructors will review the start up process and provide valuable training on how to manage and grow your business. Field training will include sales, marketing, and live assessment visits in the client's home. | 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. |
| Support | Technical assistance in obtaining any required State licensure will be provided. During the first 4 months of operations we will spend a minimum of one day a month at your location to provide operational support and assistance. An Operations Manual will be provided to you and unlimited, on-going phone support is available. | |
| 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 |
||
| Angel Companions | The Senior's Choice | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Angel Companions | |
| The Senior's Choice | |
| Franchise Fee | |
| Angel Companions | |
| The Senior's Choice | |
| Royalty Fee | |
| Angel Companions | 5% graduated down to 3% |
| The Senior's Choice | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Advertising Fee | |
| Angel Companions | N/A |
| The Senior's Choice | |
| Year Founded | |
| Angel Companions | 2004 |
| The Senior's Choice | 1999 |
| Year Franchised | |
| Angel Companions | 2010 |
| The Senior's Choice | 2007 |
| Term Of Agreement | |
| Angel Companions | |
| The Senior's Choice | 5 years |
| Renewal Fee | |
| Angel Companions | |
| The Senior's Choice | |
Business Experience Requirements |
|
| Experience | |
| Angel Companions | Medical experience is not required. A successful franchisee will have strong work ethics, possess a vision for their lives, have a willingness to learn, and a drive to succeed. People with demonstrated success in interacting with others and a desire to serve the community by making a difference in people's lives are a good fit for this business. |
| The Senior's Choice | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No |
Financing Options |
|
| Franchise Fees | |
| Angel Companions | |
| The Senior's Choice | |
| Start-up Costs | |
| Angel Companions | |
| The Senior's Choice | |
| Equipment | |
| Angel Companions} | |
| The Senior's Choice | |
| Inventory | |
| Angel Companions | |
| The Senior's Choice | |
| Receivables | |
| Angel Companions | |
| The Senior's Choice | |
| Payroll | |
| Angel Companions | |
| The Senior's Choice | |
Training & Support |
|
| Training | |
| Angel Companions | Up to 3 individuals will attend a 40 hour training program at the corporate offices prior to the opening of your business. Six different instructors will review the start up process and provide valuable training on how to manage and grow your business. Field training will include sales, marketing, and live assessment visits in the client's home. |
| 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. |
| Support | |
| Angel Companions | Technical assistance in obtaining any required State licensure will be provided. During the first 4 months of operations we will spend a minimum of one day a month at your location to provide operational support and assistance. An Operations Manual will be provided to you and unlimited, on-going phone support is available. |
| The Senior's Choice | |
| Marketing | |
| Angel Companions | |
| The Senior's Choice | |
| Operations | |
| Angel Companions | |
| 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. |
Expansion Plans |
|
| US Expansion | |
| Angel Companions | |
| 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 |
| Canada Expansion | |
| Angel Companions | |
| The Senior's Choice | |
| International Expansion | |
| Angel Companions | |
| The Senior's Choice | |