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Determining
Which Business Model is Right
for You
1. To receive professional help in starting your own companion home care business, how much would you like to pay?
(a) Over $15,000 and possibly as much as $25,000
(b) $12,500
2. What would you rather give
up?
(a) 6%
of gross
(b) 0% of gross
3. What would you rather be?
(a) A
subordinate manager
(b) The decision maker
4. What should the primary
influence be when making an
important decision affecting
your business?
(a) How
it will benefit the corporate
office
(b) How it will benefit your
business
5. You have thought up a bold
marketing initiative specific to
your business location and
customer base that you feel will
increase revenue. Who should
have the final say on whether
you can implement it or not?
(a) The
corporate office
(b) You
6. You receive an inquiry from a
potentially lucrative customer
who is located just outside of
your designated territory, but
who you could easily service.
What do you tell that customer?
(a) You
will have to refer him/her to
another [competing] franchisee
because your contract forbids
you from servicing their
location
(b) You have a caregiver who is
immediately available to service
their needs and you would be
happy to assist them
7. Your
business has been steadily
growing and your revenue stream
continues to increase. What do
you want to do?
(a) Keep
making the compulsory monthly
royalty payments to corporate,
which are based on a fixed
percentage of gross revenue and
increase as your business grows
(b) Decide if you want to
continue making the small fixed
monthly payment to the
organization you are associated
with, where membership is
optional
8. You become aware that to
remain competitive you will need
to offer your customer base a choice of several
business models. What do you do?
(a)
Nothing. Your franchise
agreement forbids you from
offering customers any payment
options other than what
corporate has taught you,
because that’s what is best
for corporate
(b) You offer your customers any
option that makes smart business
sense, provided it is within the
limits of the law in your state
9. Your business is booming and
you just have received a
generous offer from an
investor who would like to
purchase it. How do you respond?
(a) You
will have to have any offer
reviewed and approved by
corporate
(b) You will consult with your
family and think it over
If you
answered (b) to the above
questions, chances are that the
franchise model is not right for
you. Please carefully read our
website so we can demonstrate
why Companion Connection Senior
Care is the right choice and how
it can help you start and grow a
profitable non-medical home care
business.
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