Assisting Hands vs The Senior's Choice Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Assisting Hands vs The Senior's Choice including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Assisting Hands The Senior's Choice
Investment 80050 - 152000 45000 - 65000
Franchise Fee
Royalty Fee 5%-4% Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties)
Advertising Fee 0.50%
Year Founded 2005 1999
Year Franchised 2006 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Assisting Hands The Senior's Choice
Experience Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No

Financing Options

  Assisting Hands The Senior's Choice
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Assisting Hands The Senior's Choice
Training On-The-Job Training: 20 hours Classroom Training: 40.5 hours 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 Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email 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

  Assisting Hands 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
Assisting Hands
The Senior's Choice
Franchise Fee
Assisting Hands
The Senior's Choice
Royalty Fee
Assisting Hands 5%-4%
The Senior's Choice Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties)
Advertising Fee
Assisting Hands 0.50%
The Senior's Choice
Year Founded
Assisting Hands 2005
The Senior's Choice 1999
Year Franchised
Assisting Hands 2006
The Senior's Choice 2007
Term Of Agreement
Assisting Hands 10 years
The Senior's Choice 5 years
Renewal Fee
Assisting Hands
The Senior's Choice


Business Experience Requirements

Experience
Assisting Hands
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
Assisting Hands
The Senior's Choice
Start-up Costs
Assisting Hands
The Senior's Choice
Equipment
Assisting Hands}
The Senior's Choice
Inventory
Assisting Hands
The Senior's Choice
Receivables
Assisting Hands
The Senior's Choice
Payroll
Assisting Hands
The Senior's Choice

Training & Support

Training
Assisting Hands On-The-Job Training: 20 hours Classroom Training: 40.5 hours
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
Assisting Hands Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
The Senior's Choice
Marketing
Assisting Hands Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
The Senior's Choice
Operations
Assisting Hands
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
Assisting Hands
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
Assisting Hands
The Senior's Choice
International Expansion
Assisting Hands
The Senior's Choice