Frequently Asked Questions
What are the Costs?
Running a successful in-home care franchise requires financial resources, and the initial investment required to become an Amada franchise partner is between $100,710 and $181,654. Below is our breakdown of senior care franchise costs.
The Investment Breakdown:
Franchise Fee >> $55,000
Office and Utilities >> $3,200 – $8,100
Vehicle & Wrap >> $0 – $5,500
Technology >> $3,500 – $5,500
Training Expenses >> $200 – $4,500
Grand Opening and Marketing >> $5,000 – $7,000
Legal, Administrative, and Insurance >> $8,810 – $20,054
Additional Funds, Operating Capital >> $25,000 – $76,000
Is My Location Available?
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Is It Profitable?
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What Does It Take to Run a Successful Senior Care Business?
Owning an Amada Senior Care business requires an investment with two major components – human and financial. Above all, we’re looking for good human beings – compassionate and motivated individuals with a drive to help and a drive to become effective business leaders. We can train you in nearly everything else, but nothing can compensate for lack of desire and heart.
What are the Requirements to Become a Senior Care Entrepreneur?
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How Long Does it Take to Launch a Senior Care Business?
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Are There Any Licensing Requirements?
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What are the Revenue Streams for this Type of Senior Care Business?
Non-medical in-home care is big business, and it’s at the core of what Amada does – but it’s not the only way you’ll make money as an Amada Senior Care franchise partner.
Because in-home care isn’t the right option for every senior, our franchise partners also help families secure the best possible assisted living arrangements for their loved ones.
Assisted living placement services are free to Amada clients. We maintain an entire website dedicated to these efforts, and our unique system allows franchise partners to earn more money while offering families caring guidance through the senior care process. As long-term-care insurance experts, we help clients unlock the value of their policies so they can get the best, most appropriate senior care for their loved one.
How is this Industry Performing?
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How is the Industry Handling COVID and Different Macro-Economic Trends?
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Why a Business Built Around Senior Care?
Aging baby boomers make up the fastest growing demographic in the U.S. Each day, approximately 10,000 Americans turn 65. By 2060, the number of individuals ages 65 and over is projected to more than double from approximately 46 million today to more than 98 million. In short, the senior care industry is exploding.
Why Amada?
Unlike most senior care franchises which limit territories to under 300,000, Amada’s territories are typically larger—in fact often cited as the largest in the industry. We ensure our franchise partners can outwork the competition by granting generous, protected territories in the range of 300,000 – 500,000 people.
We also offer multiple revenue streams, focusing on in-home senior care as well as offering comprehensively researched assisted living placement services.
In addition, we are long-term care insurance experts, helping clients navigate and execute the full scope and value of their policies.
Do I Need a Healthcare Background to Be Successful in This Field?
While many of our franchise partners come from backgrounds that include nursing, pharmaceutical or medical equipment sales, others do not. We have a diverse range of highly successful franchise partners coming from the financial and many other professions. Our most successful franchise partner to date—now operating in four territories—has no medical-related experience whatsoever. The most important criteria, tantamount to an indefatigable drive to succeed, is a genuine passion for helping others and an ability to sell and build relationships with hospitals, physicians, case managers, etc.
What Type of Training Can I Expect?
Initial Training
An intensive five-day training course—AMADA University—at our Laguna Woods, CA corporate headquarters. This includes full immersion into the administrative and operational sides of the business: sales and marketing, finances and human resources.
Localized Onsite Training
At the conclusion of the five-day training course, we head to your territory to kick-start your sales and recruiting strategies including interviewing caregivers, pursuing referrals at new and already-identified sources such as hospitals, and how to perform needs analyses for new clients.
Staff Development
It is imperative to us that our clients receive the highest level of care. This means that our franchise partners must hire caregivers that can consistently
perform on our mission to improve the quality of life for those we serve. To ensure this, we provide:
- Recruitment and selection systems that help you
hire friendly, trustworthy caregivers. - Care Rewards, our extensive coaching, incentives,
and rewards program, to keep your staff happy and
motivated. - Monthly training sessions for your care and
operations staff.
What About Technology Support?
Our proprietary software allows families to keep track of the care being given to their loved ones. We don’t just promise to do certain tasks. We can show that those tasks have been completed. Day and night, families rest assured that their loved ones are being exceptionally cared for. This same technology suite synchronizes caregivers’ visits with payroll and billing to provide an efficient, streamlined administration system. All caregiver and client records are at your fingertips in this paperless online system. Instead of carrying around reams of paper with client and caregiver charts, you and your staff can run the business remotely from a small laptop, iPad or even a smart phone!
Also, through a special partnership, Amada has incorporated remote care technology into the home care setting. Using discreet wireless sensors placed in the home, we can track routines and activities, and inform caregivers, family members, and providers when issues of concern arise. This, combined with the hours of direct care from our experienced caregivers, provides a cost-saving and round-the-clock care solution to Amada clients.
What About Technology Support?
Our proprietary software allows families to keep track of the care being given to their loved ones. We don’t just promise to do certain tasks. We can show that those tasks have been completed. Day and night, families rest assured that their loved ones are being exceptionally cared for. This same technology suite synchronizes caregivers’ visits with payroll and billing to provide an efficient, streamlined administration system. All caregiver and client records are at your fingertips in this paperless online system. Instead of carrying around reams of paper with client and caregiver charts, you and your staff can run the business remotely from a small laptop, iPad or even a smart phone!
Also, through a special partnership, Amada has incorporated remote care technology into the home care setting. Using discreet wireless sensors placed in the home, we can track routines and activities, and inform caregivers, family members, and providers when issues of concern arise. This, combined with the hours of direct care from our experienced caregivers, provides a cost-saving and round-the-clock care solution to Amada clients.
What Else Can I Expect as An Amada Franchise Partner?
The following is a partial list of some of our continuous training and support activities:
• Annual meeting with all franchise partners
• Local market meetings
• Monthly training conference calls
Ongoing Training
Our support team has a combined 50 years of franchising experience. You’ll always have their contact information should issues arise. And as a franchise partner, you have continued access to any of Amada’s ongoing corporate training programs.
Long-Distance Training
Need a refresher on some aspect of the business? No problem. Our expertise and knowledge are also yours at your fingertips with AMADA University, which provides 25 years of senior care knowledge at any time from any computer. Our long-distance modules can help you brush up on your initial training and continue in your quest to become a senior care expert.
How Can I Download the Free Amada Franchise Report?
How Do I Get Started?
Call us at 877-44-AMADA Mon.-Fri. 8 a.m. – 5 p.m. Pacific. We look forward to the privilege of your time.
