Start-Up Costs and Fees |
||
| Senior Care Authority | The Senior's Choice | |
| Investment | 20000 - 245400 | 45000 - 65000 |
| Franchise Fee | ||
| Royalty Fee | 8% | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Advertising Fee | ||
| Year Founded | 2009 | 1999 |
| Year Franchised | 2014 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Senior Care Authority | The Senior's Choice | |
| Experience | Although professional service or sales experience can be a plus " Senior Care Authority will provide you with hands-on technical training before you open your “doors-- for business and will be there for you every step of the way as you learn how to run and operate your location. | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No |
Financing Options |
||
| Senior Care Authority | The Senior's Choice | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Senior Care Authority | The Senior's Choice | |
| Training | Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed. | 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 | ||
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 | 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 |
||
| Senior Care Authority | 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Senior Care Authority | |
| The Senior's Choice | |
| Franchise Fee | |
| Senior Care Authority | |
| The Senior's Choice | |
| Royalty Fee | |
| Senior Care Authority | 8% |
| The Senior's Choice | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
| Advertising Fee | |
| Senior Care Authority | |
| The Senior's Choice | |
| Year Founded | |
| Senior Care Authority | 2009 |
| The Senior's Choice | 1999 |
| Year Franchised | |
| Senior Care Authority | 2014 |
| The Senior's Choice | 2007 |
| Term Of Agreement | |
| Senior Care Authority | |
| The Senior's Choice | 5 years |
| Renewal Fee | |
| Senior Care Authority | |
| The Senior's Choice | |
Business Experience Requirements |
|
| Experience | |
| Senior Care Authority | Although professional service or sales experience can be a plus " Senior Care Authority will provide you with hands-on technical training before you open your “doors-- for business and will be there for you every step of the way as you learn how to run and operate your location. |
| 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 | |
| Senior Care Authority | |
| The Senior's Choice | |
| Start-up Costs | |
| Senior Care Authority | |
| The Senior's Choice | |
| Equipment | |
| Senior Care Authority} | |
| The Senior's Choice | |
| Inventory | |
| Senior Care Authority | |
| The Senior's Choice | |
| Receivables | |
| Senior Care Authority | |
| The Senior's Choice | |
| Payroll | |
| Senior Care Authority | |
| The Senior's Choice | |
Training & Support |
|
| Training | |
| Senior Care Authority | Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed. |
| 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 | |
| Senior Care Authority | |
| The Senior's Choice | |
| Marketing | |
| Senior Care Authority | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| The Senior's Choice | |
| Operations | |
| Senior Care Authority | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
| 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 | |
| Senior Care Authority | 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 |
| 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 | |
| Senior Care Authority | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| The Senior's Choice | |
| International Expansion | |
| Senior Care Authority | |
| The Senior's Choice | |