Business Model – HomeCaring Franchise – Aged and Disability Care
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Business Model

HOW OUR PARTNERSHIP MODEL WORKS

HomeCaring operates a partnership franchise model that is truly unique in the home care sector.

50%
+
50%

FRANCHISEE

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NEW
FRANCHISE!

50%
+
50%

FRANCHISEE

=

NEW
FRANCHISE!

HomeCaring and the partnership franchisee each invest 50% of the initial amount required to establish the new partnership franchise. This amount includes all the funds required to cover the costs of establishing the business, paying relevant entry fees, and the operating expenses for the first year – while maintaining a positive bank balance.

HomeCaring will open the bank account for that company and on the signing of the legal documents, each party will pay the agreed amount into that bank account and 50% of the shares will be transferred to the partnership franchisee.

This company will legally be the Franchisee, so all payments will be made from that bank account to suppliers, care workers, office staff, the franchisee’s salary and to the franchisor. All income earned by the business will be paid into the same account.

The amount required to receive the full benefits of the partnership franchise model is $100,000. However, we also have options for suitably qualified health professionals to invest a lower amount with the balance payable from profits of the new franchise business.

The investment amount for qualified candidates can be as low as $25,000. Of course, the benefits will vary according to the amount you are able to invest.

We will provide you with a Financial Template that will allow you to see the potential income that you can earn from the business.

HOW THE FINANCIAL PLAN WORKS

Our financial plan incorporates the income streams available to a franchisee with the ongoing costs of supporting clients with home carers. We understand that as a new franchisee, it will take time to grow the business from day 1, so a ramp up scenario is included.

The plan also includes the ability to:

  • adjust the figures to see what could change over the long term
  • forecast what your expenses could be
  • determine the number of support staff required, depending on the growth of the business
  • see full details of the earnings of the business
  • see the possible Return on Investment
  • estimate the possible future value of the business

We also provide information about the performance of existing franchises, so you have a guide for completing your Financial Plan.

elder care franchise

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