CareMinders vs Mastercare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CareMinders vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  CareMinders Mastercare
Investment 138100 - 199000 117800 - 215450
Franchise Fee
Royalty Fee 3.75%-5%
Advertising Fee
Year Founded 2004 2012
Year Franchised 2004 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  CareMinders Mastercare
Experience

Financing Options

  CareMinders Mastercare
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  CareMinders Mastercare
Training Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. Initial pre-start up training In house administrative training
Support We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. Accounting Home Care Management Software systems Troubleshooting
Marketing We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
Operations

Expansion Plans

  CareMinders Mastercare
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 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
CareMinders
Mastercare
Franchise Fee
CareMinders
Mastercare
Royalty Fee
CareMinders 3.75%-5%
Mastercare
Advertising Fee
CareMinders
Mastercare
Year Founded
CareMinders 2004
Mastercare 2012
Year Franchised
CareMinders 2004
Mastercare 0
Term Of Agreement
CareMinders 10 years
Mastercare
Renewal Fee
CareMinders $2,500
Mastercare


Business Experience Requirements

Experience
CareMinders
Mastercare

Financing Options

 
Franchise Fees
CareMinders No
Mastercare No
Start-up Costs
CareMinders
Mastercare
Equipment
CareMinders}
Mastercare
Inventory
CareMinders
Mastercare
Receivables
CareMinders
Mastercare
Payroll
CareMinders
Mastercare

Training & Support

Training
CareMinders Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough.
Mastercare Initial pre-start up training In house administrative training
Support
CareMinders We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business.
Mastercare Accounting Home Care Management Software systems Troubleshooting
Marketing
CareMinders We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues.
Mastercare Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
Operations
CareMinders
Mastercare

Expansion Plans

US Expansion
CareMinders
Mastercare 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
CareMinders 0
Mastercare
International Expansion
CareMinders
Mastercare