What Might Make a Homewatch CareGivers Franchise a Good Choice?
By joining Homewatch CareGivers, you may offer an essential service to your community. The client acquisition model includes proper market positioning and strategic planning. This may enable you to recruit clients looking for non-medical in-home services with relative ease.
To open a Homewatch CareGivers franchise, you should make sure you’re financially ready for an initial investment and potential set-up fees. These usually cover the following costs: the franchise fee, HIPAA materials fee, office equipment, and computer hardware, insurance, telephone systems, training expenses, license, permits and professional fees, and lease and security deposit.
The initial cost also generally includes additional funds for multiple months of operations. With what may be a high demand for caregiving services and the labor market ready and willing for such roles, you may see success with your location. In addition, there is a growing older population that needs care more than ever.
How Do You Open a Homewatch Caregivers Franchise?
There are a few steps to becoming a Homewatch CareGiver franchisee. First, you may submit a franchise request form. You may then get detailed information from the franchise consultant via a webinar. You might then be required to complete and submit the confidential financial information form.
After this, you may receive the Franchise Disclosure Document and become more familiar with the client acquisition model. To review the proprietary market action plan process, the franchise consultant usually takes you through a call and another webinar. The final webinar may take you through the sixth step, which is learning how to manage your team and the support you will receive.
After you complete the three webinars, you may be required to complete the personal franchise assessment online. You may then schedule a visit to company headquarters in Greenwood Village, Colorado to meet the team. In this final step, both you and the company may decide if you would like to embark on a business relationship.
Franchise Since
1996
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# of employees at HQ
95
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Where seeking
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mi
|
# of Units
222
|
Investment Range
$92,310 - $154,000
|
Net Worth Requirement
350,000
|
Cash Requirement
80000
|
Royalty Fee
5%
|
Ad Royalty Fee
0.5%-2%
|
Term of Agreement
10 years
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is franchise term renewable?
Yes
|
Veteran discounts
|
Industry: Health and Fitness |
Investment Range: $92,310 - $154,000 |
Available Locations: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY |