The initial investment for establishing an Interim HealthCare franchise ranges from $125,000 to $198,000 depending on the center’s location. The initial investment covers a wide range of expenses such as equipment, insurance, and licenses. The initial franchise fee is $50,000 and all potential franchisees should have a net worth of $300,000 and a liquid capital of $70,000. The franchise is characterized by low fixed costs as it does not require a large office nor inventory. Interim HealthCare franchisees should develop a solid business plan to assess potential revenues and expenses. Joorney Business Plan writers have extensive experience in developing long-term financial projections for Interim HealthCare centers and understand the specifics related to the initial investment requirements.

Interim HealthCare requires franchisees to pay an ad royalty fee equal to 0.5% of annual gross sales. The franchisor uses the advertising contributions to pay for various types of expenses related to advertising and promotion including co-op advertising, ad templates, national media, regional advertising, social media, search engine optimization, website development, email marketing, and loyalty programs. Joorney Business Plans writers help in writing advertising and marketing strategies and developing marketing budgets in line with the franchise agreement.