Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
  • CruiseOne
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  • Jimmy John's
  • Massage Envy
  • Menchie's
  • Orange Leaf Frozen Yogurt
  • Planet Fitness
  • The UPS Store
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  • And Hundreds More...

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FDD Talk: Gross Revenues for Assisting Hands Home Care Franchises in 2010

by Franchise Chatter on November 20, 2011

in Franchise Earnings, Senior Home Care Franchises



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What is Assisting Hands?

Assisting Hands is a home care franchise that competes with other businesses offering in-home, non-medical, and medical personal assistance.  These competitors may include home care workers, personal assistants, independent businesses, and other similar businesses and franchises.

The in-home care sector is competitive in most markets.  Despite the competition, the company believes that Assisting Hands will appeal to customers because of the variety of services offered, the pricing model, unique brand awareness, expert and family-friendly service, and other distinctive characteristics.

Although Assisting Hands franchise owners offer their services and products to the general public, their target market is lower-middle to upper-middle class households, with clients in their late 40’s to late 90’s in age.

Assisting Hands are typically located in a professional office environment, which may include office buildings, business parks, and other commercial real estate locations.



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{ 3 comments… read them below or add one }

Mike Lawrence November 21, 2011 at 7:15 pm

Agree that it is a tough, competitive industry to get into. Almost seems too risky to go into a franchise and instead strike out on your own. Only issue is insurance which is probably ugly to resolve.

Great overview.

Reply

Ambrosio November 22, 2011 at 12:52 am

Hi Mike,

Thanks so much for dropping in. I really enjoy hearing your thoughts.

The senior home care industry is one that really intrigues me. If I were looking at franchise opportunities to invest in, this is one area I would study very carefully.

I was really inspired by my interview with Tom DiMarco, a multi-unit franchisee of Interim Healthcare, a franchise that offers both homecare and medical staffing services. He built a $100 million empire over the course of almost 3 decades.

The cost of entry is not that high, so it’s possible to start small. Once an owner understands how to run a successful operation, it’s just a matter of expanding into other territories. I’m sure it’s not as easy as I make it sound. There will be a lot of frustrations and headaches along the way — of that I am certain. But this is an industry where the potential payoff is tremendous.

Hope to hear from you again soon.

Best regards,

Ambrosio

Reply

Home Care March 15, 2012 at 4:06 am

Ya Mike, as now you are thinking I was also the one. Ambrosio has said quite correct, the things are not that easy but I think that without risks you can’t make a pleasure giving life. Once in a life you will have to take a chance and I don’t think that it is too typical to take this as a chance. So you can go for it, no doubt. Rest as you said about insurance issues, I think first you make a decision, then the things will itself go right, as there are some insurance companies too, which are not that ugly to be resolved.

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