Steps to Franchise Ownership
It takes a special person to become a Home Instead® franchise owner. We look for folks who share our passion and commitment to serving seniors and who will raise the bar on our high standard of excellence.
There are nine steps to becoming an owner. That may seem like a lot, but it’s a proven process that gives both of us adequate time to evaluate the opportunity, ask questions, and learn about each other. Our network of existing owners, now 1,000+ strong, endorses this process because they know each step is necessary to make sure only the highest quality owners continue to join our family-like network.
Access to Honor Care Platform Technology
No matter what ownership road you take, you may have an opportunity in the near future to convert your business to our state-of-the-art Honor Care Platform. Combining local care, centralized operations, and advanced technology, the Care Platform allows you to laser focus on sales and networking so you can serve more aging adults.
3 Ways to Become a Home Instead Franchise Owner
Each path offers a different ownership experience, with a unique set of challenges and rewards. The path you take may ultimately depend on territory availability.
Open a New Franchise
If you like the idea of starting fresh, rolling up your sleeves, and growing your business from the ground up, this is the path for you. You'll have the satisfaction of being able to do things your way and make your own decisions from the very beginning.
You'll first need to secure the necessary licenses (if applicable and varies by state and province), prepare an office space, set up your customer relationship management software and other operational processes, hire staff members and Care Professionals, and complete a wide variety of other critical start-up activities. New owner training and support will prepare you with everything you need to hit the ground running.
Purchase an Existing Franchise
If you’re looking for a new career move or interested in taking a great business to the next level, then purchasing an existing Home Instead® franchise may be the best option for you.
Franchise prices are dependent on a number of factors, including the business' current assessed value. You and the existing owner will handle all financial negotiations. However, the Home Office must approve the buyer of a Home Instead franchise through our owner evaluation process.
Convert an Existing Business
If you have an existing home care business, we can work with you to convert it into a Home Instead franchise. You'll be able to maintain ownership of your business, Client base and referral provider network, in addition to gaining the following benefits and support:
- A proven business model
- Top-notch Care Professional recruitment and training tools
- Collaboration among a network of other owners
- Public education programs for family caregivers and seniors
- Materials to support marketing and networking efforts
- Exposure through regional and national marketing programs
- Ongoing access to business management support