What Makes Visiting Angels A Best Priced Senior Care Franchise?
At Visiting Angels®, we understand that when you’re operating a business, your bottom line is one of the most important considerations. We offer one of the best priced senior care franchises available today.
How do we do it? We offer our franchisees some of the lowest royalty rates in the industry. We also work hard to provide our franchisees with an unparalleled level of support throughout their time as a Visiting Angels franchise owner.
This combination of factors makes it possible for aspiring entrepreneurs to take the leap into business ownership. It also allows them to engage in work they are passionate about while also building a secure financial future where they can reap the rewards of their hard work.
The Royalty Model for Our Best Priced Senior Care Franchise
As you do your research into the costs of buying and operating a senior care franchise, you’ll likely find that the cost of royalty payments is one of the most important things for you to consider. These fees can add up quickly if you choose a franchisor with high rates or a royalty model that prevents you from increasing your earnings as you increase sales volume.
At Visiting Angels, we’ve built a royalty model that allows you to enjoy your earnings to the fullest extent. Unlike some franchise networks that draw in entrepreneurs with low upfront costs only to charge them later on through huge royalty rates, we keep our royalty rates as low as possible. In fact, some of our franchisees pay a royalty rate that is nearly half of the industry’s standard.
Here are the details of our royalty rate model:
- The percentage basis of a franchisee’s royalty payment will never increase, even after the renewal of terms.
- Royalty rates begin at a low 3.5%, one of the lowest rates in the industry.
- Royalty rates can decrease to a floor rate of 3% as your franchise brings in increased revenue.
- There are no tiered rates, meaning franchisees pay the lowest percentage from their first dollar at a lower royalty rate’s benchmark.
The Best Priced Senior Care Franchise Offers More Than Great Rates
While the financial aspect of investing in a franchise should be one of your main considerations when evaluating your options, it shouldn’t be the only one. The criteria for the best priced senior care franchise go beyond royalty rates and franchise fees to also include the types of support you can look forward to receiving as a franchisee, both during the initial weeks and months of business ownership and well into the future as your business grows.
Below are three criteria to keep in mind when determining which brand offers the best priced senior care franchise.
Training & Ongoing Support
Without comprehensive initial training and ongoing support, you can’t expect your business to thrive. The goal when choosing a franchisor is to find one that will enable you to benefit from decades of experience and expertise in the industry. At Visiting Angels, we help our franchisees tap into our knowledge in the following ways:
- An initial training program lasting 45 hours
- Regional support group meetings and monthly webinars
- Annual conferences for up-to-date information from industry experts
- One-on-one consultations to answer individual questions
- A toll-free support line franchisees can call for help as needed
Marketing & National Advertising
A well-timed, well-placed marketing campaign is also a crucial factor to the success of your business. Having a franchisor who is committed to providing marketing support is essential.
Here’s how Visiting Angels offers well-rounded assistance when it comes to marketing and advertising:
- National and regional advertising, including branding campaigns through various channels
- A quality website for your franchise location and an established presence online
- Digital marketing opportunities that help potential clients find your business
- High-quality home care leads conveniently distributed by our team
- Marketing materials available for customization
- Co-op advertising programs
Finally, considering a brand’s reputation can help you understand when you’re getting a great value for the price of a franchise. We’ve been building a reputation for reliable senior home care services over two decades. You can be confident the Visiting Angels brand name is associated with high-quality services families trust.
With more than 600 franchise owners, we have been able to extend our franchise network to different corners of the globe. Across the country and around the world, we spread the word about the benefits seniors experience when aging in place and how we can help them accomplish this feat.
Additionally, we’ve implemented a strict screening process for all caregivers employed by our franchise owners. We’ve also nurtured a culture of compassionate care that focuses on providing home care that is kind, dignified, and capable. Visiting Angels franchise locations are known for providing care that makes a difference for families and enables our reputation to continue standing strong.
Are you ready to invest in the best priced senior care franchise? Explore the value of working with Visiting Angels today by giving our team a call at 800-365-4189 or submitting an online request for more information.