The semi-absentee executive model (also known as an investor or manager-driven model) is designed for persons who want to invest and prosper in the growing and recession-resistant Senior Care industry, but who are not looking for a new full-time operating position.
Always Best Care is now offering a semi-absentee executive model in the Senior Care industry. We’re seeking to expand our position as a major player in this sector by awarding semi-absentee franchises to a select group of individuals who can take advantage of their management and leadership skills in order to build and expand a Senior Care business over multiple territories.
Over recent years, numerous changes have occurred in the marketplace and within Always Best Care - this outline explores the changes and opportunities therein.
There are a series of special requirements for the semi-absentee model that differ from standard franchise requirements. These include …
- Minimum Purchase: 2 Territories
- Hire a Managing Director
- Hire Care Coordinator
- Hire a Second Care Coordinator 6 Months After Launch
- Local advertising spend – minimum $800 per month per territory
About the Semi-Absentee Model
Since its inception, the Always Best Care franchise business model (and those of other Senior Care franchisors) centered on owner-operators who had a passion for the Senior Care industry.
Always Best Care revolutionized the senior care industry by introducing its exclusive outsourced staffing program, providing the service free to franchisees for their first six months to allow them to concentrate on immediate revenue-generating activities.
As the Senior Care market has matured, we believe the time has come to offer a new model for the industry – one which allows for a semi-absentee owner. So now, Always Best Care has done it again!
Introducing the semi-absentee executive business model for the senior care industry.
The semi-absentee executive model (also known as an investor or manager-driven model) is designed for persons who want to invest and prosper in the growing and recession-resistant senior care industry, but who are not looking for a new full-time operating position.
Always Best Care is seeking to expand our position as a major player in this sector by awarding semi-absentee franchises to a select group of individuals who can take advantage of their management and leadership skills in order to build and expand a Senior Care business over multiple territories by leveraging their experience in managing others.
To qualify for the semi-absentee model, prospective franchisees must have a minimum liquidity of $190,000 and a net worth of at least $500,000. They’re required to purchase a minimum of two territories, follow a prescribed hiring plan, and maintain a minimum required local marketing program.
The ideal candidate for the Always Best Care semi-absentee model is someone with prior business management experience who understands the model represents a long- term investment with a goal to grow the business and maximize equity value, versus developing immediate short term income. Additionally, the ideal candidate must be willing to relinquish controls to a manager as he or she builds a long-term business opportunity.
A strong training program is essential to help these candidates develop the right attitudes, the right practices and the right culture for their businesses. Accordingly, Always Best Care will provide an extensive training program for both the owner and managers of the new offices, including several weeks of what we call ‘pre-training,’ then seven days of classroom training, nearly two weeks of in-the-field training and of course on-going support from our nationwide team of area representatives and the field support office.
Having multiple territories allows the investor/owner to scale the business with additional marketers, a single license, discounted additional territories and other financial benefits.
Owner & Manager Training
The Always Best Care training program focuses on the operational activities of setting up, managing, and marketing a business that provides warm, compassionate and professional care for seniors and others when they need it most. Always Best Care has a proven, successful training and support system that combines both corporate and local services. Trainees are provided on-the-spot coaching along with mentoring and business-building advice that’s invaluable to both new and experienced franchisees.
Corporate team members and Area Representatives will work with the semi-absentee owner and Managing Director(s) during an extensive training program that can be completed in as little as seven weeks. This includes both initial and ongoing training and support as well as field training in your local marketing area. It is essential that both the semi-absentee owner and manager(s) attend the training sessions – it would be difficult if not impossible for the semi-absentee owner to oversee the business without a good feel for our model, our requirements, and our approach to what is expected of Always Best Care business owners. The powerful combination of corporate and local support enables you to navigate a clear and proven path as an Always Best Care franchise owner.
The Ideal Candidate
We’re looking for high-energy men and women who are driven to succeed.
The ideal candidate for the Always Best Care manager-operated model is someone with prior business management experience who has a minimum financial profile of $190K liquid and $500K net worth.
The ideal candidate will be a self-starter with strong management and communication skills, a team player, and a motivator.
The ideal candidate will understand the model is a long term investment with a goal to grow the business to maximize equity value vs. developing immediate short term income.
The ideal candidate is willing to relinquish controls to a manager and wants to build a long term business opportunity.