smart. ● making a smart choice on a franchise business can be a complex process ● so many...
TRANSCRIPT
Smart.● Making a smart choice
on a franchise business can be a complex process
● So many choices, opportunities, and considerations
©Compatible Home Care, Inc. 2011. All rights reserved. 2
● Making a smart choice on a franchise business can be a complex process
● So many choices, opportunities, and considerations
© Compatible Home Care, Inc. 2011. All rights reserved.
Is it for you?● Are you looking for a
business to call your own?● With support every step
of the way?● Are you looking for a new
way to leverage your management skills?● And make decisions for
yourself?● Are you ready to make an
investment in your future?● And grow your own
personal wealth?● Are you interested in a
place where you can do meaningful work everyday?● And truly impact people’s
lives?
3© Compatible Home Care, Inc. 2011. All rights reserved.
The Business of CaringCompatible Home Care is a fresh franchise concept serving a growing marketgrowing market, where ownership can be financially rewardingfinancially rewarding and personally fulfillingpersonally fulfilling
© Compatible Home Care, Inc. 2011. All rights reserved.
5
What is Home Care?● “Home Care” refers to
services performed in a client’s own home, residential living, or long-term care facility ● Allows people to receive
personalized care, extending their independence and increasing quality of life
● Life assistance services help with daily tasks:● Personal care, exercise
and rehab activities● Meal preparation● Medication reminders● Laundry & light
housekeeping● Errands, shopping &
transportation● Companionship
© Compatible Home Care, Inc. 2011. All rights reserved.
A Growing Market.● As the Baby Boomer
generation turns 65, the need for home care assistance is quickly expanding● The FIRST Baby Boomer
will turn 65 in 2011● Up to 76MM** will follow
over the next 20 years● 10,000 boomers turn 65
every day starting in 2011● This new senior market
wants to age at home causing a demand explosion for in-home care● Nearly 13% of Americans
65+ require help with routine activities*
*Needing help with routine needs, ages 18+: US, 1997-2008 (Source: NHIS) **US CENSUS BUREAU, 76MM Baby Boomers in the US, born between 1945 and 1964
6© Compatible Home Care, Inc. 2011. All rights reserved.
Finding Business is Easy.● 70-90% of your
business comes from Referral Sources in your neighborhood:● Hospitals● Hospices● Rehabilitation Centers● Social Workers● Discharge planners● Doctor’s offices● Adult Day Care Centers
● Build a business via referral network vs. the rejection-based sales model● Business expands as
your referral sources expand
7© Compatible Home Care, Inc. 2011. All rights reserved.
Quality Caregivers.● Finding and managing
qualified caregivers is a combination of process and training● Fortunately, there is a
surplus of available caregivers
● Compatible Home Care makes it easy with a complete system of tools and resources ● To guide you through
the entire process
8© Compatible Home Care, Inc. 2011. All rights reserved.
Three.● That’s all you’ll
need to start:● You: building
relationships and leading the way
● A staffer: to staff cases and manage caregivers
● A bookkeeper/ office manager: to ensure that vital operations run smoothly
9© Compatible Home Care, Inc. 2011. All rights reserved.
Growth.● Compatible Home
Care takes the guess work out of your organizational growth plan ● CHC supports you
with threshold based growth plans
● Helps ensure a strong ROI while creating capacity for growth
10© Compatible Home Care, Inc. 2011. All rights reserved.
Six Months.● That’s how quickly
you can expect to turn a profit ● As soon as three
months, or as long as six months.
● You can expect a $75K initial investment to be recouped by the end of the 2nd year
11
Figures are based on meeting certain sales benchmarks and keeping spending in line with budgets. These estimates are not a guarantee of performance.
© Compatible Home Care, Inc. 2011. All rights reserved.
Your Typical Week*.● Your time is your
own, yet here’s a snapshot of how Compatible Home Care owners typically spend their week
*as the Sales and Marketer
12© Compatible Home Care, Inc. 2011. All rights reserved.
The Compatible Home Care Difference
A fresh concept serving a growing market through distinct competitive advantages
© Compatible Home Care, Inc. 2011. All rights reserved.
What Makes the Compatible Home Care
franchise so compelling?
© Compatible Home Care, Inc. 2011. All rights reserved.
Four Pillars of Strength.● Compatible Home
Care offers the greatest opportunity for success based on four pillars of strength:● A fresh concept in a
continuously growing market
● An expansive territory that’s twice the standard size
● Proprietary caregiver/client matching technology
● Elite Education via on-going professional business coaching & training
15© Compatible Home Care, Inc. 2011. All rights reserved.
Fresh & Growing.● Compatible Home
Care is a fresh concept in a business category that is about to experience unprecedented growth
16© Compatible Home Care, Inc. 2011. All rights reserved.
Twice the Size.● CHC Territories are
twice the standard size give franchisees the greatest opportunity for success● 400,000 population● More potential
patients, caregivers and referral sources
● More than 20 referral sources per territory
● Fewer company competitors
● Greater opportunity to make money faster
17
The Competition
© Compatible Home Care, Inc. 2011. All rights reserved.
Hosted in a secure cloud environment Delivers robust resources without expensive servers and long-term maintenance issues
Proprietary compatibility matching system
Comprehensive ERP system
Integrated telephony
Home Care Connect™.● Compatible Home
Care has developed proprietary ERP software that: ● Combines the
knowledge of home care operations with state-of-the art technology
● Provides a clear industry advantage in business operations
● Enterprise Resource Planning system saves time and money● Integrates activities,
reduces staff workload and improves effectiveness and relationships
18© Compatible Home Care, Inc. 2011. All rights reserved.
Elite Education.● To ensure success, Compatible
Home Care provides the most comprehensive educational resources in the industry
● Coaching:● Weekly business coaching and
training to keep you on track● Home Care U:
● Spend a week at the home office learning the essentials of running your CHC franchise
● On-Site Training: ● Hands-on practice at your
location with a seasoned coach to guide your sales and leadership efforts
● Harmonious Living™: ● Proprietary caregiver curriculum
helps you outperform the competition
● Staff Development: ● Online training and development
resources for your entire staff to perform with confidence and precision
19© Compatible Home Care, Inc. 2011. All rights reserved.
ROI.● The Compatible
Home Care franchise platform has been created to:● Be easy to operate● Provide ongoing
revenue● Deliver personal
fulfillment
20© Compatible Home Care, Inc. 2011. All rights reserved.
Is Your Vision:● To build a
successful business for yourself and your family?
● To provide a worthwhile service to others in need?
● To gain your financial independence?
● To choose Compatible Home Care?
22© Compatible Home Care, Inc. 2011. All rights reserved.
Compatibility.● An ideal
Compatible Home Care franchisee:● Is ready for a new
challenge● Enjoys building
relationships in the community
● Sees the benefit of a technologically-advanced franchise
● Enjoys helping others
● Is driven toward success
23© Compatible Home Care, Inc. 2011. All rights reserved.
Investment.● The total initial
investment ranges from $70K-135K depending on your market, staff size and time to launch● The franchise fee is
$33,000● Royalties are 5% or
less
24© Compatible Home Care, Inc. 2011. All rights reserved.
Why be a CHC Franchisee?● You’ll be capitalizing on a
fresh concept in a rapidly growing market where demand for your services will continue to increase for decades
● You’ll have an expansive territory that’s twice the standard size with greater sales potential.
● You’ll enjoy the proprietary caregiver/client matching technology that leads to happy clients and makes running your business easier.
● You’ll be supported with an elite level of business coaching and training for the life of your business.
25© Compatible Home Care, Inc. 2011. All rights reserved.
What’s Next?● Complete request for FDD● Submit an application and
deposit reserving the territory you desire
● Visit the CHC home office for a discovery day
● Sign the franchise agreement and pay the franchise fee
● Connect weekly with your CHC business coach to optimize your efforts and achieve success!
● Attend CHC University in San Diego
● Prepare and launch your new franchise
● Work 2-days on-site with CHC a sales coach to jump-start your business
26© Compatible Home Care, Inc. 2011. All rights reserved.