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Home > Franchises > Homewatch CareGivers
Homewatch CareGivers
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
In 1973, Homewatch CareGivers was founded by Biochemist Paul A. Sauer. The company’s clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Homewatch Caregivers provide non-medical and limited health care services. Homewatch Caregivers started franchising in 1986.
Homewatch Caregivers provide good service with in-home personal care services. The costs and fees include total investment of $49200 to 76200, franchise fee is $28500, ongoing royalty fee is 5 percent, and Term of agreement is 10 years, renewable. The company’s ranking in Franchise 500 is 279 in 2006, 340 in 2005, 323 in 2004, 352 in 2003, and 371 in 2002. In Top home based franchises ranks 98 in 2003, 101 in 2002, Low-Cost Franchises ranks 67 in 2006, 91 in 2005, 94 in 2004, and 102 in 2003, in America's Top Global Franchises ranks 185 in 2006.
Presently, over 65 million U.S. families are struggling with the care for a parent or loved one. The markets they serve are experiencing explosive growth and individuals opening Homewatch CareGiver businesses now are setting themselves up for a commanding share of these swiftly expanding markets involving those in need of all ages.
Homewatch franchising provides leadership in the home care services industry and combines a solid business opportunity for you, as they give something back to the communities they serve around the world. You will find this mission driving their growth initiatives as they create true marketing power and management efficiency for their franchisees. They are leaving the legacy of caring to the next generation. Individuals opening Homewatch CareGiver businesses are now setting themselves up for a commanding share of this rapidly expanding market.
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