For the most up-to-date financial information, visit our latest FDD Talk post analyzing Homewatch CareGivers’ average revenues, expenses, and/or profits.
In this FDD Talk post based on Item 19 of Homewatch Caregivers’ 2014 FDD, you will find the answers to the following questions:
- What were the average gross wages of Caregivers, Office Staff, and Marketing Staff for all franchised Businesses that reported wages in one or more categories for all 12 months from January through December 2013?
- Do the wages reported below include other employee-related expenses, such as payroll taxes, employee benefits, training, and professional development expenses?
- Does the data include information for any franchisee that failed to report wages for a particular type of employee in each of the 12 months?
- Do the figures reflect all of the costs of sales or operating expenses that must be deducted from the gross revenues figures to obtain your net income or profit?
- How does Homewatch Caregivers define the term “Revenue”?
- Were all franchisees who reported during this period included, regardless of their length of time in business or the number of territories they operated?
- Has the financial information in this Item been audited or reviewed by an independent certified public accountant?
- How does Homewatch Caregivers define the terms “Number of Franchisees,” “Gross Wages,” and “Caregiver” for purposes of disclosing average caregiver gross wages as a percentage of revenues based on franchisee revenue level?
- How does Homewatch Caregivers define the terms “Number of Franchisees,” “Gross Wages,” and “Office Staff” for purposes of disclosing average monthly gross office staff wages based on franchisee revenue level?
- How does Homewatch Caregivers define the terms “Number of Franchisees,” “Gross Wages,” and “Marketing Staff” for purposes of disclosing average monthly gross marketing staff wages based on franchisee revenue level?
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